Examples of Nutra SA in a sentence
On or about January 14, 2008, a Certificate of Formation for Nutra SA, LLC, a limited liability company formed under the laws of the State of Delaware (“Company”), was filed with the office of the Delaware Secretary of State.
Pursuant to the Investor Rights Agreement, the Investor may elect to convert its units of Nutra SA into shares of NutraCea common stock following the earlier of the third anniversary of the initial closing or, upon the occurance of an Event of Default (as defined in the Purchase Agreement), then the second anniversary of the initial closing.
Milwaukee Public SchoolsDiscount Rate4.55%Retiree Healthcare and Life Insurance ProgramsSalary Scale 13.00%GASB 45 Actuarial Valuation as of July 1, 2015Ultimate Trend 24.50%Entry Age Normal Cost MethodWage Inflation3.00% Amortization: 15-year closed, level dollar for unfunded retiree liabilities as of July 1, 2011, 25-year open, level percentage of payroll for remaining liabilities.
Notwithstanding anything contained herein to the contrary, the definition of “Collateral” shall not include any assets owned by the Grantor with respect to XXX-PRO, LLC and/or Nutra SA, LLC.
In no event will the Investor be issued a percentage of the outstanding common stock of NutraCea greater than the lesser of the Investor’s percentage ownership interest in Nutra SA or 49%.
The minimum payment to Class 6 Claimants and/or Wells Fargo from any financing at the Nutra SA level will be $2.2 million.
The Company covenants that, until the Debentures have been indefeasibly paid in full, the Company shall not guarantee any new indebtedness of Nutra SA, nor provide any additional capital or contribute any assets to Nutra SA unless legally obligated to do so by the currently existing operating agreement (or similar constating documents) of Nutra SA.
On December 29, 2010, NutraCea entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Nutra SA, LLC, NutraCea’s wholly-owned subsidiary (“Nutra SA”), Industria Riograndens De Oleos Vegetais Ltda., Nutra SA’s wholly-owned subsidiary (“Irgovel”), and AF Bran Holdings-NL LLC and AF Bran Holdings LLC (collectively, the “Investor”).
The number of shares of NutraCea common stock that the Investor will receive in exchange for its units in Nutra SA will be an amount such that the aggregate price of the NutraCea common stock issued to the Investor will equal the aggregate value of the Nutra SA units held by the Investor.
Irgovel, a wholly owned subsidiary of Nutra SA, is currently engaged in extracting and refining rice oil for human consumption and defatted rice bran for animal consumption (“Current Business”).