Examples of LLC Sub in a sentence
At the time of and immediately after the LLC Sub Merger, Parent shall own all of the membership interests and other equity, if any, in LLC Sub and shall be the sole member of LLC Sub, and LLC Sub shall be treated as an entity disregarded as separate from Parent for U.S. federal income Tax purposes.
For purposes of determining the number of vacation days and other paid time off to which each Company Employee is entitled during the calendar year in which the Closing occurs, Parent, LLC Sub, the Surviving Corporation or one of its Subsidiaries will assume and honor all unused vacation and other paid time off days accrued or earned by such Company Employee as of the Closing Date for the calendar year in which the Closing Date occurs.
Notwithstanding anything in this Agreement to the contrary, Parent, the Surviving Corporation, LLC Sub and the Exchange Agent and each of their respective Affiliates shall be entitled to deduct and withhold from any amounts otherwise payable to any Person pursuant to this Agreement any amount required to be deducted and withheld with respect to the making of such payment under applicable Law.
From and after the Effective Time, Parent shall, or shall cause the Surviving Corporation, LLC Sub and their respective Subsidiaries, to assume and honor their respective obligations under all employment, severance, change in control and other agreements, if any, between the Company (or a Subsidiary thereof) and an individual employed prior to the Closing Date by the Company or a Subsidiary thereof.
You are eligible only if your business is located in Greenfield, Buckland, Shelburne or Montague 2) What if my legal structure is an LLC, Sub S corp, Cooperative?Must be for profit.
Sub 7 will contribute the assets related to the Business C, and the stock and membership interests in Sub 10, Sub 22 LLC, Sub 25 LLC and certain other subsidiaries and assets (the “New Sub 7 Assets”) to New Sub 7, which will also assume certain liabilities (the “New Sub 7 Contribution”).
The following entities will transfer their B Industry-related assets to Sub 10: Sub 12 LLC (including its stock of a wholly-owned subsidiary), Sub 13 LLC, Sub 14 LLC, Sub 15 LLC, Sub 16 LLC, Sub 20 LLC, Sub 19 LLC, and Sub 18 LLC.
The disposition gain allocated to F1 and F2 in Year6 is the “mark to market” gain on the assets in LLC and LLC Sub as of the date of the sale by F1 and F2 of their interests in LLC.
LLC and LLC Sub were to maintain in the aggregate core financial assets with aggregate mark-to-market values at least equal to the Investors’ unreturned investment in LLC plus k% per annum (compounded annually) on the average daily balance of the unreturned investment.
Activities of LLC Sub As stated above, LLC Sub received substantial cash contributions from LLC.