No Company definition

No Company has any chattel paper (whether tangible or electronic) or instruments as of the date hereof, except as follows: None.
No Company has:- (i) taken part in conduct involving dishonesty as described in section 60 of VATA; (ii) committed any serious misdeclaration or neglect as described in section 63 of VATA; (iii) issued unauthorised invoices or failed to do anything contemplated by section 67 of VATA; (iv) failed to comply with any regulatory requirements described in section 69 of VATA; (v) been notified of any assessment within sections 59 and 74 of VATA or a surcharge notice under section 59 of VATA; (vi) made any agreement with the Commissioners of Customs and Excise which agreement has not been put in writing as contemplated by section 85 of VATA.
No Company has since the Accounts Date engaged in or been a party to any scheme or arrangement of which the main purpose, or one of the main purposes, was the avoidance of or a reduction in liability to Taxation; and, in particular but without limitation, no Company has been a party to or otherwise involved in any transaction to which any of the following could apply:

Examples of No Company in a sentence

  • No Company Stock shall be issued or transferred in connection with any Grant hereunder unless and until all legal requirements applicable to the issuance or transfer of such Company Stock have been complied with to the satisfaction of the Committee.

  • No Company may assign any of its obligations under this Note without the prior written consent of the Holder, any such purported assignment without such consent being null and void.

  • No Company is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying or carrying Margin Stock.

  • No Company is an “investment company” or a company “controlled” by an “investment company,” as defined in, or subject to regulation under, the Investment Company Act of 1940, as amended.

  • No Company Subsidiary is required to file any form, report or other document with the SEC.

  • No Company shall incur any material accumulated funding deficiency within the meaning of ERISA, or any material liability to the PBGC, established thereunder in connection with any ERISA Plan.

  • No Company is a party to any agreement or instrument or subject to any corporate or other constitutional restriction that has resulted or could reasonably be expected to result in a Material Adverse Effect.

  • No Company Affiliate has made a subordinated loan to any member of FINRA.

  • No Company Material Adverse Effect shall have occurred since the date of this Agreement.

  • No Company property may be used for personal purposes by Employee without the prior written consent of the Company.


More Definitions of No Company

No Company has, in respect of a loan relationship within the meaning of Finance Xxx 0000,x 81 (Meaning of ‘loan relationship’ etc), applied
No Company s ownership of its assets violates any applicable Environmental Law, other than such violations which would not reasonably be expected to have a Material Adverse Effect. To the Borrower's knowledge, no investigation or review is pending or threatened by any Tribunal with respect to any alleged violation of any Environmental Law in connection with any Company's assets which could result in a Material Adverse Effect. None of any Company's assets have been used by such Company or, to the Borrower's knowledge, any other Person as a dump site for any Hazardous Substance except where such use would not reasonably be expected to have a Material Adverse Effect.
No Company has withdrawn from a "pension plan", as defined in Section 3(2) of ERISA in which it was a "substantial employer" as defined in Section 4001(a)(2) of ERISA or was deemed to be a "substantial employer" under Section 4062(e) of ERISA. To the Company's knowledge there have been no reportable events as set forth in Section 4043 of ERISA in respect of any plan described in Section 4021(a) of ERISA in respect of which any Company will be liable to make contributions or pay benefits, and there has been no termination of any such plan since the effective date of ERISA which could result in any tax, penalty or liability being imposed upon any Company; neither any Company nor, to the best of each Company's knowledge, any predecessors in interest of any Company, has participated in, nor will the purchase of the Note by the Holder involve, any "prohibited transaction" (as defined in Section 4975 of the Internal Revenue Code of 1986, as amended) that could subject any Company or Holder to any tax or penalty imposed by said Section 4975; since the effective date of ERISA, neither any Company nor, to the best of each Company's knowledge, any predecessors in interest of any Company has incurred any "accumulated funding deficiency," as such term is defined in Section 302 of ERISA, to which any Company could be subject or for which it might be liable; no Company is a party to, and none of the operations of any Company is a multi-employer plan, as defined in Section 3(37) of ERISA.

Related to No Company

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Restricted Entity means (a) the Borrower and (b) each Restricted Subsidiary.

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Restricted Person means a person that is:

  • Company Subsidiary means any Subsidiary of the Company.

  • Restricted Party means a person that is:

  • Obligated Entity means a person or entity that sells electrical energy to end-use

  • Partnership Entity means any of the Partnership Entities.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Parent Subsidiary means any Subsidiary of Parent.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Regulated Entity means any entity referred to in Section I of Article L.613-34 of the French Code monétaire et financier as modified by the 20 August 2015 Decree Law, which includes certain credit institutions, investment firms, and certain of their parent or holding companies established in France.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Group Member means a member of the Partnership Group.

  • Consolidated Party means any one of them.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with the Borrower is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Borrower Affiliate shall have the meaning set forth in the Lead Securitization Servicing Agreement; provided that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer to a “Borrower Affiliate” as defined in the related Non-Lead Securitization Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

  • subsidiary entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Finance Subsidiary means, with respect to any Person, any Subsidiary of such Person which is primarily engaged in leasing or financing activities including (a) lease and purchase financing provided by such Subsidiary to dealers and consumers, (b) leasing or financing of installment receivables or otherwise providing banking, financial or insurance services to the Company and/or its affiliates or others or (c) financing the Company’s and/or its affiliates’ operations.

  • Company Entity means each of the Company and its Subsidiaries.

  • Material Subsidiary means any Subsidiary other than an Immaterial Subsidiary.

  • Restricted Company means any of the foregoing.

  • Sanctioned Entity means (a) a country or a government of a country, (b) an agency of the government of a country, (c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in or determined to be resident in a country, in each case, that is subject to a country sanctions program administered and enforced by OFAC.