Examples of UK Subsidiary in a sentence
Permit at any time (a) more than ten percent (10%) of the Consolidated Total Assets to be owned by any Person other than the Borrower, a Domestic Subsidiary or the UK Subsidiary, provided that the UK Subsidiary shall at no time own more than fifteen percent (15%) of the Consolidated Total Assets or (b) more than ten percent (10%) of the Consolidated Total Assets (excluding foreign intangible assets and the assets of the UK Subsidiary) to be located outside the United States.
Buyer agrees to give written notice to Sellers of the receipt of any written notice by Mission US, Mission UK, any Mission UK Subsidiary, Buyer or any of Buyer's Affiliates which involves the assertion of any claim, or the commencement of any Action, in respect of which an indemnity may be sought by Buyer pursuant to this ARTICLE VIII (a "Tax Claim"); provided, that failure to comply with this provision shall not affect Buyer's right to indemnification hereunder.
The UK Subsidiary was formed solely to enter into certain credit card application agreement and since its formation has not engaged in any other business and has not incurred any Liability.
The delivery of the UK Subsidiary Interests shall take place upon consummation of the Reconciliation or other Transfer at the location where Closing took place, or at such other place as shall be mutually agreed to by the parties hereto.
Neither Nicola, James, Mission UK, any Mission UK Subsidiary nor any of their respective Affiliates has any commitment or obligation or has made any representations to any manager, officer, employee, independent contractor, or consultant, whether or not legally binding, to adopt, amend, modify or terminate any UK Benefit Plan or any collective bargaining agreement.