Examples of Issuing Subsidiary in a sentence
Counterparty acknowledges its responsibilities and the responsibilities of Issuing Subsidiary under applicable securities laws, and in particular Section 9 and Section 10(b) of the Exchange Act (as defined below) and the rules and regulations thereunder, in respect of any election of a settlement method with respect to the Exchangeable Securities.
In the event the sale by Issuing Subsidiary of the “Additional Securities” is not consummated with the Underwriters pursuant to the Underwriting Agreement (the “Underwriting Agreement”), dated as of July 17, 2018, between Counterparty and SunTrust Xxxxxxxx Xxxxxxxx, Inc.
In the event the sale by Issuing Subsidiary of the “Firm Securities” is not consummated with the Underwriters pursuant to the Underwriting Agreement (the “Underwriting Agreement”), dated as of July 17, 2018, between Counterparty and SunTrust Xxxxxxxx Xxxxxxxx, Inc.
The provisions of this Section 15 are intended to be effective upon the execution of this Agreement without any further action by the Issuing Subsidiary and each of the non-U.S. Guarantors and the introduction of a true copy of this Agreement into evidence shall be conclusive and final evidence as to such matters.
You have advised the Company, the Issuing Subsidiary and the Guarantors that the Initial Purchasers will make an offering of the Securities purchased by the Initial Purchasers hereunder as soon as practicable after this Agreement is entered into as in your judgment is advisable.
On March 5, 2007, the Issuing Subsidiary acquired the remaining 25% of the membership interests in ANB 1, that it did not already own, following Alaska Native Broadband, LLC’s exercise of its option to sell its entire 25% controlling interest in ANB 1 to the Issuing Subsidiary.
The Issuing Subsidiary and each of the non-U.S. Guarantors further agree that service of process upon the Authorized Agent and written notice of said service to the Issuing Subsidiary and each of the non-U.S. Guarantors shall be deemed in every respect effective service of process upon the Issuing Subsidiary and each of the non-U.S. Guarantors in any such legal suit, action or proceeding.
Each Issuing Subsidiary duly authorized at the time of issuance thereof the issue and sale of the Existing Notes issued and sold by it pursuant to the Existing Note Purchase Agreement or Agreements to which it is a party.
The Issuing Subsidiary and each of the non-U.S. Guarantors irrevocably waive the defense of an inconvenient forum or objections to personal jurisdiction with respect to the maintenance of such legal suit, action or proceeding.
The common stock of each Reorganized Debtor constituting the Issuing Subsidiary shall be placed in escrow with an independent third-party escrow agent for release upon the earlier of (i) there being no 8% Preferred of such Reorganized Debtor outstanding and all sums owing in connection therewith having been paid, or (ii) exercise of the right to convert such shares of 8% Preferred into the common stock of such Reorganized Debtor following occurrence of a Conversion Event as specified above.