OSI ULC definition

OSI ULC means the Subsidiary of OSI incorporated under the Companies Act (Nova Scotia) for the purpose of delivering OSI Common Stock as provided for in this Agreement, the Exchangeable Share Provisions or the Support Agreement.
OSI ULC has the meaning provided in the Voting and Exchange Trust Agreement.
OSI ULC means o, an unlimited liability company organized and existing under the laws of Nova Scotia and any successor corporation;

Examples of OSI ULC in a sentence

  • In the event of the exercise of the Redemption Call Right by OSI or OSI ULC, each holder shall be obligated to sell all the Exchangeable Shares held by the holder to OSI or OSI ULC on the Automatic Redemption Date on payment by OSI or OSI ULC to the holder of the Redemption Call Purchase Price for each such share.

  • The undersigned acknowledges that if, as a result of liquidity or solvency provisions of applicable law, the Corporation is unable to redeem all Retracted Shares, the undersigned will be deemed to have exercised the Exchange Right (as defined in the Voting and Exchange Trust Agreement) so as to require OSI to purchase, or cause OSI ULC to purchase, the unredeemed Retracted Shares.

  • In the event of the exercise of the Liquidation Call Right by OSI or OSI ULC, each holder shall be obligated to sell all the Exchangeable Shares held by such holder to OSI or OSI ULC on the Liquidation Date on payment by OSI or OSI ULC to the holder of the Liquidation Call Purchase Price for each such share.

  • If neither OSI nor OSI ULC, as the case may be, determines to exercise the Retraction Call Right, the Corporation will notify the undersigned of such fact as soon as possible.

  • This retraction request, and offer to sell the Retracted Shares to OSI or OSI ULC, as the case may be, may be revoked and withdrawn by the undersigned by notice in writing given to the Corporation at any time before the close of business on the Business Date immediately preceding the Retraction Date.

  • In the event that OSI or OSI ULC, as the case may be, does not deliver a OSI Call Notice within two Business Days or otherwise comply with these Exchangeable Share provisions in respect thereto, and provided that Retraction Request is not revoked by the holder in the manner specified in Section 6.7 hereof, the Corporation shall redeem the Retracted Shares on the Retraction Date and in the manner otherwise contemplated in this Article 6.

  • The purchase price payable by OSI or OSI ULC for each Exchangeable Share to be purchased by OSI or OSI ULC under the Exchange Right shall be an amount equal to the Exchangeable Share Price on the last Business Day prior to the day of closing of the purchase and sale of such Exchangeable Share under the Exchange Right.

  • Any and all of the obligations of OSI may be performed and satisfied by OSI ULC, except that nothing in this Section 14.9 will permit any change to the rights, privileges, restrictions and conditions attaching to the Voting Share or Exchangeable Shares or to the Exchange Right or Automatic Exchange Rights.

  • OSI may assign any or all of its rights and obligations under this Agreement to OSI ULC, provided that each of OSI and OSI ULC shall thereafter, jointly and severally, be liable for the performance by OSI ULC of the obligations of OSI pursuant to this Agreement.

  • If OSI or OSI ULC does not so notify the Corporation within such two Business Days, the Corporation will notify the holder as soon as possible thereafter that neither OSI nor OSI ULC will exercise the Retraction Call Right.


More Definitions of OSI ULC

OSI ULC means 3045843 Nova Scotia Company, an unlimited liability company organized and existing under the laws of Nova Scotia and any successor corporation;
OSI ULC shall have the meaning set forth in Section 4.6 hereof.

Related to OSI ULC

  • CMBI means Chase Manhattan Bank International, an indirect wholly-owned subsidiary of Bank, located in Moscow, Russia, and any nominee companies appointed by it.

  • CIMA means the Cayman Islands Monetary Authority;

  • CGS means the Connecticut General Statutes.

  • APC means the Ambulatory Payment Classification system under 42 CFR 419.31 used by Medicare for grouping clinically and resource-similar procedures and services.

  • SMP : means Significant Market Power;

  • biofuels means liquid or gaseous fuel for transport produced from biomass;

  • BTCo means Bankers Trust Company, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

  • NB The obligation to complete, duly sign and submit this declaration cannot be transferred to an external authorized representative, auditor or any other third party acting on behalf of the bidder. I, the undersigned, (full names), do hereby declare, in my capacity as …………………………………………………..…….. of (name of bidder entity), that:

  • PEG means public, educational and governmental.

  • SBI means State Bank of India (Client) having its Corporate Centre at Madame Cama Road, Nariman Point, Mumbai- 400 021 and its representative Local Head Offices/Administrative Offices/Regional Business Offices/Branches at various places across India and includes the client’s representatives, successors and assigns.

  • GSE means a government sponsored enterprise.

  • ESMP means an environmental and social management plan (including any pest management plan), acceptable to the Association and consistent with the ESMF, adopted for the purposes of a Micro-project, and giving details of the magnitude of the environmental impacts, as well as the specific actions, measures and policies designed to facilitate the achievement of the objective of the ESMF under the Micro-project, including the budget and cost estimates, and sources of funding, along with the institutional and procedural measures needed to implement such actions, measures and policies, as such ESMP may be amended form time to time with the prior written agreement of the Association.

  • SCI has the meaning set forth with respect thereto in the preamble. ---

  • Pioneer or the "Company" means Pioneer Natural Resources Company and its subsidiaries.

  • MERC means the Maharashtra Electricity Regulatory Commission.