New OTC definition

New OTC is defined in Section 12.1.
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New OTC is defined in Section 24.
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New OTC shall have the meaning set forth in Section 12.1(a).
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Examples of New OTC in a sentence

  • New OTC Block trades on futures should be processed and evaluated for Eurex Observer alerts .

  • The Agent agrees with Varistar Corporation, New OTC and the Parent that it will so execute and deliver the Parent both the Assumption and Release Agreement and the Parent Agreement Release to Varistar Corporation, New OTC and the Parent.

  • During the Term, on a New OTC Product-by-New OTC Product basis, Sensory Cloud shall have a right of first refusal with respect to the research, development or commercialization of any New OTC Product (the “ROFR”).

  • The Banks and the Agent acknowledge and agree that if the Permitted Reorganization is conducted as described in Section 12.1, and the terms and conditions set forth in Section 12.2 are satisfied, that New OTC will have no obligations or liabilities to the Banks or the Agent under this Agreement, the Notes or the Agent’s Fee letter, and such entity shall not be deemed to have assumed such obligations and liabilities under Section 12.1(d).

  • If Pulmatrix does not consummate such Third Party Agreement on such terms or does not proceed with the development or commercialization of a New OTC Product, as applicable, within such [***] day period, then Pulmatrix shall be required to comply with the procedures of the ROFR again if it desires to enter into any Third Party Agreement with a Third Party for the same New OTC Product or proceed with the development or commercialization of such New OTC Product.

  • The Banks and the Agent acknowledge and agree that if the Permitted Reorganization is conducted as described in Section 12.1, and the terms and conditions set forth in Section 12.2 are satisfied, that New OTC will have no obligations or liabilities to the Banks or the Agent under this Agreement, any Note, the Agent’s Fee letter and the Lead Arrangers’ Fee Letter, and such entity shall not be deemed to have assumed such obligations and liabilities under Section 12.1(d).

  • In the case of New OTC after the Permitted Reorganization Effective Date, maintain Long Term Debt Ratings with S&P and Xxxxx’x.

  • The Banks agree that on the Permitted Reorganization Effective Date, the Agent is authorized to execute and deliver to Varistar Corporation, New OTC and the Parent both the Assumption and Release Agreement and the Parent Agreement Release, as agreement by the Banks and the Agent.


More Definitions of New OTC

New OTC is defined in Section 22.8.
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Related to New OTC

  • Independent Shareholders means holders of Voting Shares, other than:

  • Sub-Distributor means any sub-distributor appointed by the Distributor in accordance with the requirements of the Central Bank Notices as a sub-distributor of the Company.

  • Acquirer(s) means the following:

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • Independent Distributor means a person, business, or firm that is neither authorized nor franchised by an Original Component Manufacturer (“OCM”) to sell or distribute the OCM’s products but which purports to sell, broker, and/or distribute such OCM products. Independent Distributors are also referred to as unfranchised distributors, unauthorized distributors, and/or brokers.

  • Market Share means the percent of sales of the total available market in an industry, product line or product attained by the Company or one of its business units during a time period.

  • LEC means any Carrier that is engaged in the provision of telephone Exchange Service or Exchange Access. Such term does not include a Carrier insofar as such Carrier is engaged in the provision of a commercial mobile service under Section 332(c) of the Act, except to the extent that the FCC finds that such service should be included in the definition of such term.

  • Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing. If settlement of the Performance Share Units may not be made within the period specified in this Section 2(b) due to the limitation in Section 14(t)(iii)(A) of the Plan, such settlement shall be made in accordance with Section 5 of the Agreement.

  • Recognized Stock Exchange means any stock exchange agreed upon by the competent authorities of the Contracting Parties;

  • Open Market Share Purchase shall have the meaning specified in Section 2(I).

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Ownership Share means, with respect to any Subsidiary of a Person (other than a Wholly Owned Subsidiary) or any Unconsolidated Affiliate of a Person, the greater of (a) such Person’s relative nominal direct and indirect ownership interest (expressed as a percentage) in such Subsidiary or Unconsolidated Affiliate or (b) such Person’s relative direct and indirect economic interest (calculated as a percentage) in such Subsidiary or Unconsolidated Affiliate determined in accordance with the applicable provisions of the declaration of trust, articles or certificate of incorporation, articles of organization, partnership agreement, joint venture agreement or other applicable organizational document of such Subsidiary or Unconsolidated Affiliate.

  • Interexchange Carrier (IXC means a carrier that provides, directly or indirectly, interLATA or intraLATA Telephone Toll Services.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Relative Total Shareholder Return or “Relative TSR” means the Company’s TSR compared to the Peer Companies TSR on a relative basis. The Company and the Peer Companies from highest to lowest according to their respective TSRs will determine Relative TSR. After this ranking, the percentile performance of the Company relative to the Peer Companies will be determined using the Percentrank formula in Microsoft Excel.

  • Minority Group means any of the following racial or ethnic groups: