Separate Corporate Existence. (i) Maintain its own deposit account or accounts, separate from those of any Affiliate, with commercial banking institutions. The funds of the Seller will not be diverted to any other Person or for other than corporate uses of the Seller.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Raytheon Co/), Purchase and Sale Agreement (Raytheon Co/), Purchase and Sale Agreement (Raytheon Co/)
Separate Corporate Existence. (i) Maintain its own deposit account or accounts, separate from those of any Affiliate, with commercial banking institutions. The institutions and ensure that the funds of the Seller Company will not be diverted to any other Person or for other than corporate uses of the Company, nor will such funds be commingled with the funds of the Seller or any Subsidiary or Affiliate of the Seller.;
Appears in 2 contracts
Samples: Pooling Agreement (American Axle & Manufacturing Inc), Pooling Agreement (American Axle & Manufacturing Holdings Inc)
Separate Corporate Existence. (i) Maintain its own deposit account or accounts, separate from those of any Affiliate, with commercial banking institutions. The institutions and ensure that the funds of the Seller Company will not be diverted to any other Person or for other than corporate uses of the Company, nor will such funds be commingled with the funds of any Seller or any other Subsidiary or Affiliate of any Seller.;
Appears in 2 contracts
Samples: Pooling Agreement (Wesco Distribution Inc), Pooling Agreement (Rykoff Sexton Inc)
Separate Corporate Existence. (i) Maintain its own deposit ---------------------------- account or accounts, separate from those of any Affiliate, with commercial banking institutions. The funds of the Seller will not be diverted to any other Person or for other than corporate uses of the Seller.
Appears in 1 contract
Separate Corporate Existence. (i) Maintain its own deposit account or accounts, separate from those of any Affiliate, with commercial banking institutions. The institutions and ensure that the funds of the Seller Company will not be diverted to any other Person or for other than corporate uses of the Seller.Company, nor will such funds be commingled with the funds of Parent or any other Subsidiary or Affiliate of Parent;
Appears in 1 contract
Samples: Pooling and Servicing Agreement (General Cable Corp /De/)
