Examples of Subsidiary Assets in a sentence
For the avoidance of doubt, from the Distribution Date until the VF Option Closing Date, the Option Subsidiary shall be a member of the Kontoor Brands Group, the Option Subsidiary Assets shall be Kontoor Brands Assets and all Liabilities relating to, arising out of or in connection with or resulting from the Option Subsidiary Business or the Option Subsidiary Assets shall be Kontoor Brands Liabilities, in each case for all purposes of this Agreement.
The Company shall notify (or shall cause the Permitted Subsidiary to notify) the obligor with respect to each Portfolio Investment to remit all amounts that constitute Interest Proceeds to the Collection Account (or, in the case of Subsidiary Assets, the applicable Pledged Account).
Transfer of Subsidiary Assets and Assumption of Subsidiary Liabilities...........................19 2.13.
Subsidiary Assets shall include, but not be limited to, those assets set forth in Schedule 2.1(a) attached hereto and by this reference made a part hereof.
Except as otherwise provided in Section 10.01(c), after the Closing, Buyer shall control all matters in connection with the filing of Tax Returns and any audit, litigation or other proceeding (each, a “Tax Proceeding”) with respect to Taxes imposed on or with respect to the Acquired Assets and the Seller Subsidiary Assets and shall have the sole right to, at its own expense, participate in or assume the defense of or settle any claim, suit, action litigation or proceeding (including any Tax audit).