Examples of Contributing Subsidiaries in a sentence
In connection with the Exchangeable Securities IPO, each of Lazard Group and the Contributing Subsidiaries, with Lazard Ltd as guarantor thereof, shall enter into appropriate forward contracts providing for the issuance of Lazard Group Common Units to such Contributing Subsidiaries on substantially similar terms in respect of pricing, timing and antidilution as set forth in the forward purchase contracts forming part of the Exchangeable Securities.
Each of such Party’s Contributing Subsidiaries has been in lawful possession of the premises covered by each of its Real Property Leases since the commencement of the original term of such lease.
The Interim Pro Forma Financial Statements have been derived from the accounting books and records of such Contributing Subsidiaries and their consolidated Subsidiaries, which books and records are true, accurate, and complete in all material respects.
The FY2008 Financial Statements have been derived from the accounting books and records of such Contributing Subsidiaries, which books and records are true, accurate, and complete in all material respects.
To the knowledge of such Party and its Contributing Subsidiaries, no Person is infringing or misappropriating any of such Party’s Contributed IP.
There are no Liens for Taxes on the Assets of any of such Party’s Contributing Subsidiaries, other than Liens for Taxes not yet due and payable.
Neither such Party nor any of its Contributing Subsidiaries has received any notice of a material increase in the premium for any Insurance Policy.
Each material insurance policy, self-insurance arrangement and fidelity bond with respect to its Contributed Business and/or Contributed Assets (collectively, the “Insurance Policies”) is valid, binding, and in full force and effect, and such Party’s Disclosure Letter sets forth each claim made by such Party or any of its Contributing Subsidiaries with respect to its Contributed Business thereunder in the three (3)-year period prior to the date hereof that exceeds JPY 100,000,000.
The Interim Financial Statements have been derived from the accounting books and records of such Contributing Subsidiaries, which books and records are true, accurate, and complete in all material respects.
Such Party has delivered to the other Party true, accurate and complete copies of each Real Property Lease of each of its Contributing Subsidiaries.