Examples of Existing Partnerships in a sentence
There are no options, warrants or other rights outstanding to purchase any such Subsidiary Shares, Partnership Interests or LLC Interests of any Loan Party except as indicated on SCHEDULE 6.1.3. With the exception of Montclair and the Existing Partnerships, no Subsidiary which is not a Loan Party has either (i) active business operations of any of the type described in Section 8.2.10, or (ii) assets having a book value equal to or greater than $50,000.
Each New Investment and the corresponding New Investment Value will be allocated among the Existing Partnerships consistent with past practices, including in accordance with applicable allocation policies.
While it is currently contemplated that the Existing Partnerships will merge with and into HCRX Investments, the parties acknowledge the need for structuring flexibility in relation to the Debt Financing.
No later than two Business Days prior to the expected Closing Date, Existing Manager or HCRX Management shall deliver to the Existing Partnerships a schedule showing, as of the Closing Date, the information set forth in Sections 2.01 and 2.02.
If this Lease is not terminated, Landlord shall restore the Building to a condition as near as reasonably possible to the condition prior to the Taking, the Minimum Annual Rent shall be abated for the period of time all or a part of the Premises is untenantable in proportion to the square foot area untenantable, and this Lease shall be amended appropriately.
The document containing such information (the “Information Statement”) shall (a) be subject to the Existing Manager’s approval in all material respects, (b) be prepared in consultation with counsel and (c) include all notices required under the DLPA and Charter Documents of the Existing Partnerships.
Such information shall be verified by the applicable fund administrators of the Existing Partnerships.
The capital contributions made by members of the Fairways Group pursuant to paragraph 2 shall be used by the Existing Partnerships solely for the purpose of paying the obligations described on Schedule “A” attached hereto in accordance with the dates and amounts set forth on Schedule “A”.
In accordance with this Agreement, the DLPA and the Charter Documents of the Existing Partnerships, the Existing Partnerships shall have delivered to the holders of all interests in the Existing Partnerships a form of written consent together with notice and description of the adoption of this Agreement and approval of the Reorganization Transactions by the Existing Partnerships and HCRX Investments.
Each of the Existing Partnerships, Holdings LP, and Feeder Fund shall have issued a certification under Treasury Regulation Section 1.1446(f)-2(b)(4), dated no earlier than 30 days before the Closing Date, (x) to each of Pubco and Feeder Fund, in the case of the certificates provided by the Existing Partnerships and Holdings LP, and (y) to Pubco, in the case of the certificate provided by Feeder Fund.