Lighter Than Air definition

Lighter Than Air means Lighter Than Air Systems Corp., a Florida corporation and wholly-owned Subsidiary of Sky Sovereign, Inc., a Nevada corporation.
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Lighter Than Air aircraft means any aircraft supported chiefly by its buoyancy in the air;
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Lighter Than Air aircraft means any aircraft supported chiefly by its
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Examples of Lighter Than Air in a sentence

  • On May 5, 2014, the Company entered into a share exchange agreement (the “LTAS Share Exchange Agreement”) with Lighter Than Air Systems Corp (“LTAS”) and the sole shareholder of LTAS pursuant to which all of the outstanding capital of LTAS was transferred to the Company in exchange for shares of the Company’s common stock, causing LTAS to become a wholly owned subsidiary of the Company.

  • To the extent that at any time after the date hereof Lighter Than Air is no longer subject to the Lighter Than Air Restriction, immediately upon such occurrence, the Company shall (a) notify the Investor such restriction no longer exists; and (b) cause Lighter Than Air to ▇▇▇▇▇ ▇ ▇▇▇▇ on substantially all of its assets in favor of the Investor to secure its obligations under the Guaranty and the obligations of the Company under the Transaction Documents.

  • In addition, until such time as Lighter Than Air has provided the Investor with a security interest in its assets, the aggregate fair market value of all assets of Lighter Than Air shall not exceed $5,000,000.

  • Saddleback College $12,600.00 Lighter Than Air Balloons Independent Contractor Agreement (Amend No. 1) – To increase contract value by $7,000 from current agreement amount of $5,000 for balloon services through 6/30/2020.