Examples of Intermediate Entities in a sentence
Borrower will not, nor will it permit any of its Subsidiaries to, commingle their respective Deposit Accounts or Accounts with the Deposit Accounts or Accounts of (i) Heritage OLP or any of its Subsidiaries or (ii) Master Partnership or any of the Intermediate Entities.
The Acquiror will not be obligated to give or pay any amount to any employee of the Contributed Entities, Intermediate Entities and Owning Entities and the Acquiror shall not have any liability under any pension or profit sharing plan that the Contributed Entities, Intermediate Entities and Owning Entities may have established with respect to the Real Property and Improvements or their or its employees.
Promptly, but in any event within five (5) Business Days after the execution thereof, copies of any amendment, modification or supplement to any of the Organizational Documents of the Parent, the Intermediate Entities, the Borrower or any Subsidiary.
No Act of Bankruptcy has occurred with respect to the Contributors, Contributed Entities, Intermediate Entities or Owning Entities.
The Intermediate Entities are the sole members of the applicable Property Owner and no other person (other than independent directors, if any) is a member of any Property Owner.