WPIV definition
Examples of WPIV in a sentence
On the Effective Date and after giving effect to the entering into of the Credit Documents and the other transactions contemplated hereby, 100% of the membership interest of the Borrower shall be owned by Holdings and WPIV.
On the Effective Date, the Administrative Agent shall have received a certificate from each of Holdings, WPIV and the Borrower, dated the Effective Date and signed on behalf of each such Credit Party by the Chairman of the Board, the President or any Vice President of such Credit Party, stating on behalf of such Credit Party that all of the conditions in Sections 5.08, 5.09 and 6.02 have been satisfied on such date.
Except as disclosed on Schedule X, there is no material action, suit, proceeding, investigation, audit or claim now pending or, to the best knowledge of Holdings, WPIV and the Borrower threatened, by any authority regarding any taxes relating to Holdings or any of its Subsidiaries.
Furthermore, Holdings, WPIV and the Borrower will cause to be delivered to the Collateral Agent such opinions of counsel, title insurance and other related documents as may be reasonably requested by the Administrative Agent to assure itself that this Section 8.11 has been complied with.
There are no pending or, to the knowledge of Holdings, WPIV and the Borrower, threatened Environmental Claims against Holdings or any of its Subsidiaries (including any such claim arising out of the ownership, lease or operation by Holdings or any of its Subsidiaries of any Real Property no longer owned, leased or operated by Holdings or any of its Subsidiaries) or any Real Property owned, leased or operated by Holdings or any of its Subsidiaries.
There are no actions, suits or proceedings pending or, to the best knowledge of Holdings, WPIV and the Borrower, threatened (i) with respect to the Credit Documents or (ii) that are reasonably likely to materially and adversely affect the business, operations or financial condition of Holdings and its Subsidiaries taken as a whole.
The Administrative Agent will give Holdings, WPIV, the Borrower and each Lender prompt written notice of the occurrence of the Effective Date.
As of the Effective Date, Holdings has no Subsidiaries other than WPIV, the Borrower and its Subsidiaries and the Borrower has no Subsidiaries other than those Subsidiaries listed on Schedule V.