P R definition

P R. E A M B L E

P R. E A M B L E The Sellers are the record and beneficial owners of all of the issued and outstanding capital stock of Administrators for the Professions, Inc., a New York corporation ("AFP"). Purchaser desires to purchase all of the issued and outstanding capital stock of AFP (the "AFP Shares"), and the Sellers desire to sell to Purchaser all of the AFP Shares, all subject to the terms and conditions hereinafter set forth. ACCORDINGLY, the parties hereto agree as follows:

P R. E A M B L E This transaction involves the acquisition by PURCHASER of the authority and right to control and manage the affairs of Vesta County Mutual Insurance Company. Vesta County Mutual Insurance Company ("VESTA COUNTY MUTUAL") is a mutual company organized under Chapter 17 of the Texas Insurance Code (the "Code") and is located in Dallas, Texas. VESTA MANAGEMENT currently has the authority to manage and control VESTA COUNTY MUTUAL under the terms of a management agreement (the "MANAGEMENT CONTRACT") dated January 22, 1997. VIG, as sole shareholder of VESTA MANAGEMENT, is the ultimate controlling person of VESTA COUNTY MUTUAL. For purposes of this AGREEMENT, VIG and VESTA MANAGEMENT shall hereinafter be referred to jointly as "VESTA". PURCHASER desires to acquire, and VESTA desires to assign and transfer to PURCHASER the authority and right to manage and control VESTA COUNTY MUTUAL under the terms of the MANAGEMENT CONTRACT. PURCHASER also desires to enter into a Loss Portfolio Transfer agreement ("Loss Portfolio Transfer") to acquire from VESTA COUNTY MUTUAL certain of its business currently ceded to Vesta Fire Insurance Corporation, and VESTA desires to effect such transfer.

Examples of P R in a sentence

It is also assumed that three Consultants namely P, R and U has applied with two Teams and the remaining Consultants have applied with only one team.
All such changes in the Work REQUIRE AGREEMENT IN WRITING BY THE ACHITECT, STATE AND CONTRACTOR AND shall be authorized by A P R O P O S E D Change Order (PCO), and shall be performed under the applicable conditions of the Contract Documents.
B R I H A N M U M B A I M U N I C I P A L C O R P O R A T I O N ( S W M P R O J E C T D E P T .
S R I D H R U T I C H I T R A P U M E M B E R | | C H A R T E D I N S T I T U T E O F A R B I T R A T O R S P H O N E - + 9 1 - 8 5 0 0 8 3 2 1 0 2 E D I T O R N A G E S H W A R R A O P R O F E S S O R ( B A N K I N G L A W ) E X P .
M U N I C I P A L C O R P O R A T I O N O F G R E A T E R M U M B A I ( S W M P R O J E C T D E P T .

P R. E A M B L E Seller has its corporate headquarters and its operating facility at 2430 Amsler Street, Torrance, California (the "Premises") and is exxxxxx xx xxx xxxxxx, manufacturing, marketing and sale of protective relays, digital timers, event recorders and test equipment (the "Business"). Shareholders each own fifty percent (50%) of the stock of Seller and will benefit directly from this transaction. Buyer is an affiliate of Communications Instruments, Inc., a North Carolina corporation. Buyer desires to purchase from Seller, and Seller desires to sell to Buyer, substantially all of the assets of Seller on the terms and subject to the conditions set forth in this Agreement.

P R. E A M B L E On July 9, 1999, Bank and Borrower executed that certain Revolving Credit and Security Agreement (the "Agreement"), Revolving Credit Commercial Note in the principal amount of SIX HUNDRED FIFTY THOUSAND AND 00/100 DOLLARS ($650,000.00) (the "Note"), and other Loan Documents, providing for a line of credit in the maximum aggregate amount of SIX HUNDRED FIFTY THOUSAND AND NO/100 DOLLARS ($650,000.00) (the "Revolving Line"). The Borrower has requested and the Bank has agreed to, among other things, extend the due date to June 1, 2001, and modify certain covenants. Accordingly, the Bank and Borrower have agreed that the Revolving Line shall be modified and that the documents and instruments evidencing, securing, relating to, guaranteeing, or executed or delivered in connection with the Revolving Line (collectively the "Loan Documents") shall be amended as set forth below.

P R. E A M B L E Medbrook owns and operates several physical and rehabilitation therapy clinics in North Florida and South Georgia. In addition, Medbrook manages the practice of several physicians. Purchaser desires to purchase certain of Medbrook's assets upon the terms and conditions set forth below. ACCORDINGLY, the parties hereto agree as follows:

P R. E A M B L E The Parties each deem it desirable for the Company to become affiliated with DTG through the merger of Sub with and into the Company (the "Merger") in accordance with the provisions of the South Dakota Business Corporation Act (the "Act") and the terms and conditions of this Agreement. The board of directors and shareholders of the Company have unanimously approved this Agreement and the transactions contemplated hereby (including the Merger). Accordingly, the Parties Agree as Follows:

P R. E A M B L E A. Seller owns and operates the Sushi Doraku restaurant ("Restaurant") located at 0000 Xxxxxxx Xxxx, Xxxxx Xxxxx, Xxxxxxx 00000 ("Premises") pursuant to a Lease dated as of January 11, 1999, as modified by Modification of Lease, dated as of July 1, 1999 (as so amended, the "Major Lease"), between LRI of South Florida, Ltd. (predecessor-in-interest to 0000 Xxxxxxx Xxxx L.P., as landlord ("Major Landlord"), and Seller, as tenant. Seller's interest in the Major Lease is herein referred to as Seller's Leasehold Interest.

P R. E A M B L E The Board of Directors of FPIC, Acquisition Corporation and Tenere deem it in the best interests of each corporation, and in the best interest of their respective shareholders that FPIC acquire all of the outstanding stock of Tenere through the merger of Acquisition Corporation into Tenere in accordance with the terms and conditions hereinafter set forth (the "Merger"). ACCORDINGLY, FPIC, Acquisition Corporation and Tenere hereby agree as follows:

P R. E A M B L E The Board of Directors of the Company has authorized and declared a dividend of one Series A Preferred Stock Purchase Right (the "Rights") on each share of common stock, $2 par value, of the Company (the "Common Stock") outstanding on March 8, 1996 (the "Record Date"), and has authorized the issuance of one Right with respect to each share of Common Stock that shall become outstanding between March 8, 1996, and the earlier of the Distribution Date or the Expiration Date (as such terms are defined in Sections 3 and 7 hereof), each Right representing the right to purchase one one-hundredth of a share of Series A Preferred Stock, $2 par value, having the rights, powers and preferences set forth in the form of Certificate of Designation, Preferences and Rights of Series A Preferred Stock (the "Preferred Stock"), attached hereto as Exhibit A, upon the terms and subject to the conditions hereinafter set forth. ACCORDINGLY, in consideration of the premises and the mutual agreements herein set forth, THE PARTIES HEREBY AGREE AS FOLLOWS: