Subsidiary Contract definition
Examples of Subsidiary Contract in a sentence
Each Material Subsidiary Contract is a valid and binding agreement of the Subsidiary that is the party thereto, and is in full force and effect.
Except as would not have a Material Adverse Effect, no Company Subsidiary is in breach or default of any Material Subsidiary Contract to which it is a party and, to the knowledge of the Company, no other party to any Material Subsidiary Contract is in breach or default thereof.
None of the Subsidiaries has received notice of the pending or threatened cancellation, revocation or termination of any Material Subsidiary Contract to which it is a party.
There are no renegotiations of, or attempts to renegotiate, or outstanding rights to renegotiate any material terms of any Material Subsidiary Contract.
CONAFOR shall duly perform all its obligations under the GEF Subsidiary Contract and the ▇▇▇▇▇▇▇ Contract.
Each Subsidiary Contract is valid, binding, and enforceable in accordance with it terms, and no Subsidiary or, to the Company’s knowledge, any other party to such Subsidiary Contract is in breach or violation of any Subsidiary Contract.
Except as the Bank shall otherwise agree, CONAFOR shall not take or concur in any action which would have the effect of amending, abrogating, assigning or waiving the GEF Subsidiary Contract or the ▇▇▇▇▇▇▇ Contract or any provision thereof.
The Beneficiary shall sign the Subsidiary Contract within 30 days from the date of its receipt from the Managing Authority.
Neither the Seller, nor, to the Seller’s knowledge, any other party thereto, is in breach or violation of, or default under, any Acquired Subsidiary Contract, and no event has occurred that with notice or lapse of time or both would constitute a violation, breach or default under any Acquired Subsidiary Contract.
EUR); Final balance payment resulting from the expenditures incurred within the Beneficiary’s part of Project during its whole period of implementation and the prior pre-financing for the Beneficiary, settled against the sum referred to in Annex V and in § 3 section 2 to this Subsidiary Contract.