API Canada definition

API Canada means Advanced Photonix Canada, Inc., a Canadian corporation and wholly-owned Subsidiary of API.
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API Canada means Advanced Photonix Canada, Inc., a Canadian corporation and wholly-owned Subsidiary of API. “Liquidity Coverage Ratio” means the ratio of (A) (i) unrestricted cash of Borrower at Bank plus (ii) fifty percent (50%) of Borrower’s net accounts receivable, divided by (B) all Obligations of Borrower to Bank, including, without limitation, all Indebtedness under letters of credit. “Sixth Loan Modification Effective Date” is May 8, 2015. “Term Loan 2015” is a loan made by Bank pursuant to the terms of Section 2.1.6. “Term Loan 2015 Amount” is an aggregate amount equal to Six Million Dollars ($6,000,000) outstanding at any time. “Term Loan 2015 Maturity Date” is the earliest of (a) four (4) years after the Sixth Loan Modification Effective Date or (b) the occurrence of an Event of Default. “Term Loan 2105 Payment” is defined in Section 2.1.6(b). 12 The Loan Agreement shall be amended by inserting the following new subsections (g) and (h) in the definition of Permitted Investments immediately following subsection (f) thereof:
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API Canada has the meaning set forth in the preamble.
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Examples of API Canada in a sentence

  • API Canada, or its agents, shall act as operator in respect of the exploration and development of the Lands under this Agreement.

  • For each well drilled in which the Farmee is entitled, and elects, to participate, API Canada and the Farmee shall enter into a farmout agreement in the form to be agreed between the parties.

  • API Canada is an indirect wholly-owned subsidiary of URMP and the shares of URMP are quoted on the over-the-counter bulletin board system of the National Association of Securities Dealers in the United States.

  • For each well drilled in which the Farmee is entitled, and elects, to participate, API Canada and the Farmee shall enter into a farmout agreement in the form attached agreed to by the parties.

  • API Canada and the Farmee acknowledge that API Canada has entered into a farmin agreement dated July 10, 2002 with Anhydride Petroleum Limited Partnership (the “Limited Partnership”) in respect of the farmin by the Limited Partnership of up to a 25% working interest in the Lands.

  • In consideration of the grant of the call option by the Farmee under this Agreement and under the Athabasca Prospect Agreement, API Canada shall cause URMP to issue to the Farmee transferable warrants to acquire up to 750,000 common shares in the capital of URMP exercisable at a price of US $0.50 per share for a period of one year.

  • API Canada acknowledges that the Farmee is a limited partnership to be formed under the name Anhydride Petroleum Limited Partnership and that before and after formation this Agreement is a binding agreement enforceable in accordance with its terms.

  • In consideration of the grant of the call option by the Farmee under this Agreement and under the Firebag Prospect Agreement, API Canada shall cause URMP to issue to the Farmee transferable warrants to acquire up to 750,000 common shares in the capital of URMP exercisable at a price of US $0.50 per share for a period of one year.

  • API Canada shall cause URMP to assume and pay all selling commissions and fees and the offering costs (including legal, accounting and audit) relating to the offering of units by the Farmee.

  • Section 3.2 of the Athabasca Agreement is hereby amended by deleting the paragraph in its entirety and substituting therefore the following: In consideration of the grant of the call option by the Farmee under this Agreement and under the Athabasca Prospect Agreement, API Canada shall cause URMP to issue to the Farmee transferable warrants to acquire up to 1,500,000 common shares in the capital of URMP exercisable at a price of US $0.25 per share for a period of one year.


More Definitions of API Canada

API Canada means Advanced Photonix Canada, Inc., a Canadian corporation and wholly-owned Subsidiary of API. “Authorized Signer” is any individual listed in Borrower’s Borrowing Resolution who is authorized to execute the Loan Documents, including making (and executing if applicable) any Credit Extension request, on behalf of Borrower. “Availability Amount” is (a) the Revolving Line, minus (b) the aggregate Dollar Equivalent amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit) plus an amount equal to the Letter of Credit Reserve, minus (c) the FX Reduction Amount, minus (d) any amounts used for Cash Management Services, and minus (e) the outstanding principal balance of any Advances. “Bank” is defined in the preamble hereof. 24 ny-0000000
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Related to API Canada

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Locally manufactured goods means goods whose value, either in whole or in part, is derived from growing, producing, processing, assembling, or manufacturing activities that occur within a city-based manufacturer's facility located within the city.

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

  • Wholesale drug distributor means anyone engaged in the

  • Tobacco product manufacturer means an entity that after the date of enactment of this Act directly (and not exclusively through any affiliate):

  • Marijuana products means concentrated marijuana products and marijuana products that are comprised of marijuana and other ingredients and are intended for use or consumption, such as, but not limited to, edible products, ointments, and tinctures.

  • Petroleum Products means gasolines and petroleum oil distillates or blend stocks as further described in Item 10.

  • FCA : means the Financial Conduct Authority.

  • Chain pharmacy warehouse means a physical location for prescription drugs that acts as a central warehouse and performs intracompany sales or transfers of the prescription drugs to a group of chain pharmacies that have the same common ownership and control.

  • EXW or "ex-works price" means:

  • API means American Petroleum Institute.

  • Finished Products means any one or more of the following petroleum oils, or a mixture or combination of these oils, to be used without further processing except blending by mechanical means:

  • Ex Works means that the seller delivers when it places the goods at the disposal of the buyer at the seller’s premises or at another named place (i.e.,works, factory, warehouse, etc.). The seller does not need to load the goods on any collecting vehicle, nor does it need to clear the goods for export, where such clearance is applicable.

  • Bulk Electric System shall have the meaning provided for in the NERC Glossary of Terms used in Reliability Standards, as it may be amended, supplemented, or restated from time to time.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Network Supply Point or "NSP" means any Point of Connection between:

  • Drug outlet means a pharmacy, nursing home, shelter home, convalescent home, extended care facility, drug abuse treatment center, penal institution, hospital, family planning clinic, student health center, retail store, wholesaler, manufacturer, mail-order vendor or other establishment with facilities located within or out of this state that is engaged in dispensing, delivery or distribution of drugs within this state.

  • Supply Pipe means any part of a service pipe which a water undertaker could not be, or have been required to lay under section 46 of the Water Industry Act 1991; and

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Retail pharmacy means a pharmaceutical facility dispensing prescription drugs and devices to the general public.

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Electric supplier means an entity or person certified by the Commission, including municipal corporations which choose to provide electricity outside their municipal limits (except to the extent provided prior to February 1, 1999), Broker, Marketer or other entity (including public utilities and their affiliates, e.g., Delmarva), that sells electricity to Retail Electric Customers, utilizing the Transmission and Distribution Facilities of an Electric Distribution Company.

  • Marijuana processor means a person who processes marijuana items in this state.

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.

  • Drug store means a place whose principal business is, the

  • Red Hat Products means Software, Services, Subscriptions and other Red Hat branded offerings made available by Red Hat.