Examples of Xxxx Spade in a sentence
Furthermore, the Borrower, in its capacity as a holder of Equity Interests in Xxxx Spade, will not, and will cause its Restricted Subsidiaries not to, waive any of its rights to receive dividends, distributions or other payments from Xxxx Spade or consent to an amendment of Xxxx Xxxxx’x organizational documents or other agreements that would restrict Xxxx Xxxxx’x ability to make any such distributions.
The Company shall keep Parent reasonably apprised of the status of, and all other material matters regarding, the Credit Card Business Transaction and the Xxxx Spade Put, and the Company shall consult with Parent in good faith regarding all such material matters a reasonable period of time prior to making any payment or entering into any Contract, settlement or other binding arrangement regarding such material matters.
Within two (2) Business Days of the First Payment Date, Buyer and the Seller Representative shall give joint written instructions to the Escrow Agent to release from the Escrow Account and deliver (a) to the accounts specified by the Seller Representative, the sum of Five Hundred Thousand Dollars ($500,000) and (b) to the account specified by the Buyer, all other amounts in the Escrow Account (other than the Xxxx Spade Escrow Amount and any interest earned thereon).
Furthermore, the Company, in its capacity as a holder of Equity Interests in Xxxx Spade, shall not, and shall cause its Restricted Subsidiaries not to, waive any of its rights to receive dividends, distributions or other payments from Xxxx Spade or consent to an amendment of Xxxx Xxxxx’x organizational documents or other agreements that would restrict Xxxx Xxxxx’x ability to make any such distributions.
Upon release of the Xxxx Spade Escrow Amount pursuant to the terms hereof, the Escrow agreement shall be deemed terminated.
Notwithstanding the foregoing, as of the Closing Date, all of the subsidiaries of the Borrower will be Restricted Subsidiaries, other than Neiman Marcus Funding Corporation, Xxxx Spade, Gurwitch Products LLC and their respective subsidiaries, which shall be Unrestricted Subsidiaries.
California Xxxx Spade LLC Delaware Xxxx Spade U.K. Limited United Kingdom L.C. Augusta, Inc.
Lyband Family LLC and Oristo Downtown LLC 120-32960 La Jolla 7900 Xxxxxx Xxxxxx La Jolla CA 92037 Xxxx Spade LCI Holdings, Inc.
Chelsea Limerick Holdings, LLC 120-18160 * Philadelphia Premium Outlets 18 Xxxxxxxx Xxxx Limerick PA 19464 Xxxx Spade Outlet LCI Holdings, Inc.
Xxxxx, III 000-00000-0 450 Xxxxxx Xx. (Roof - HVAC) 450 Xxxxxx Xxxxxx New York NY 10013 Xxxx Xxxxx Xxxx Spade, LLC Xxxxxxxxxx Corporation 000-00000-0 450 Xxxxxx Xx. (Ground Floor/Nieuw LL) 450 Xxxxxx Xxxxxx New York NY 10013 Xxxx Xxxxx Xxxx Spade, LLC Nieuw Broome Owners, LLC 120-32710 100 Xxxx Xxxxxx 000 Xxxx Xxxxxx Xxxxxxxx XX 0880 Xxxx Spade LCI Holdings, Inc.