R E C I T A L S definition

R E C I T A L S. The parties desire to enter into this Agreement setting forth the terms and conditions of the employment relationship between the Corporation and the Executive.

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R E C I T A L S. On or about April 7, 1997, U. S. Bank and Borrower entered into that certain first amended and restated credit agreement (together with all amendments, supplements, exhibits, and modifications thereto, the "Credit Agreement") whereby U. S. Bank agreed to extend certain credit facilities to Borrower. U. S. Bank and Borrower have entered into 11 previous amendments to the Credit Agreement.

R E C I T A L S. Employee is a key officer and employee of the Company.

Examples of R E C I T A L S in a sentence

R E C I T A L S WHEREAS, Parent, Boise Southern Company, a Louisiana general partnership ("Southern"), Minidoka Paper Company, a Delaware corporation ("Minidoka") (collectively, "Sellers" and, individually, a "Seller"), Holdings, and Boise Land & Timber Corp., a Delaware corporation and indirect wholly-owned Subsidiary of Holdings ("Timber Co.") are party to an Asset Purchase Agreement, dated as of July 26, 2004 (the "ASSET PURCHASE AGREEMENT").
R E C I T A L S - - - - - - - - Assignor, Assignee and certain key employees of Assignor (only with respect to paragraph 10) have executed and delivered an Asset Purchase Agreement dated as of February ___, 2000 (the "Purchase Agreement"), pursuant to which Assignor agreed to assign to Assignee, and Assignee agreed to assume, certain contract rights and other obligations under the Contracts.
SERIES C CONVERTIBLE PREFERRED STOCK PURCHASE AGREEMENT Closing: February 22, 2001 R E C I T A L S 1.
THIS DECLARATION OF COVENANTS ("Declaration") is made this day of , , by , a ("Declarant"), with reference to the following facts: R E C I T A L S: A Declarant is the owner of that certain real property located in the City of Anaheim ("City"), County of Orange, State of California, more particularly described in attached Exhibit "A" ("Property").
R E C I T A L S Concurrently with the execution and delivery of this Agreement, Buyer is purchasing from Seller and the other owners all of the outstanding membership interests (the "Interests") of Downhole Injection Systems, LLC (the "Company") pursuant to the terms and conditions of a Purchase Agreement made as of December 10, 2004, (the "Purchase Agreement").

More Definitions of R E C I T A L S

R E C I T A L S. CMI has developed or acquired substantial expertise, know-how and technical information relating to the design, development, manufacture and testing of hardware and software for a robotic microsurgery system (hereinafter referred to collectively as "Proprietary Information");

R E C I T A L S. The Grantor owns a limited partner interest in Tower 45 Associates Limited Partnership, a Delaware limited partnership (the "PARTNERSHIP").

R E C I T A L S. Alcool has requested that The Industrial Development Board of the City of ▇▇▇▇▇▇▇▇▇▇ (the "Board") issue its $2,460,000 aggregate principal amount of Variable Rate Industrial Development Revenue Bonds (Alcool, Inc. Project) Series 1999 (the "Bonds") in order to provide long-term financing for the cost of acquiring certain manufacturing machinery and related personal property for use by Alcool in the manufacture of aluminum heat exchanger coils (the "Project Equipment"). The Project Equipment will be located in a building (the "Project Building") owned by the Board and leased to Industrial Partners, a general partnership ("Industrial Partners"), pursuant to a Lease Agreement dated February 1, 1999 (the "Building Lease"). The Project Building will be subleased by Industrial Partners to Alcool pursuant to a Lease Agreement dated December 9, 1998 (the "Building Sublease"). The Bonds will be issued pursuant to a Trust Indenture dated February 1, 1999 (the "Indenture") between the Board and SouthTrust Bank, National Association (acting in such capacity, the "Trustee"). The Board will use the proceeds of the Bonds (i) to reimburse Alcool for sums previously expended by Alcool for the Project Equipment and (ii) to pay the remaining costs of the Project Equipment. The Board will lease the Project Equipment to Alcool pursuant to a Lease Agreement dated as of February 1, 1999 (the "Lease Agreement") and Alcool will pay rent to the Board sufficient to pay the debt service on the Bonds. As security for the payment of the Bonds, the Credit Obligors will cause SouthTrust Bank, National Association (herein, in its capacity as issuer of the initial letter of credit referred to below, called the "Bank"), to issue an irrevocable letter of credit in favor of the Trustee in the amount of (i) the aggregate principal amount of the Bonds, to enable the Trustee to pay the principal amount of the Bonds when due and to pay the principal portion of the purchase price of Bonds tendered (or deemed tendered) for purchase, plus (ii) interest on the Bonds for a period of 50 days at the rate of 13% per annum, to enable the Trustee to pay interest on the Bonds when due and to pay the interest portion of the purchase price of Bonds tendered (or deemed tendered) for purchase. The initial letter of credit to be delivered to the Trustee and any substitute letter of credit delivered to the Trustee pursuant to the Indenture are herein referred to as the "Letter of Credit." As security for the Cre...

R E C I T A L S. Seller is in the business of designing, integrating and installing satellite communications systems (with a principal focus on the telephony, video broadcasting, multimedia, trunk and VSAT hub niches) in the United States and certain other countries through an unincorporated division (the "STS Division").

R E C I T A L S. FCI specializes in the treatment of human infertility, encompassing the provision of in vitro fertilization and other assisted reproductive technology services such as gamete intra-fallopian tube transfer and zygote intra-fallopian transfers, and related andrology services (all of the foregoing are referred to herein as "Infertility Services"). Physician is duly licensed to practice medicine in the State of Illinois, specializes in the provision of Infertility Services and has experience in infertility treatment including surgical skills required in the course of providing Infertility Services. FCI has entered into an agreement with IntegraMed America, Inc., ("INMD"), pursuant to which INMD will provide certain management and administrative services as are more fully described in the agreement between FCI and INMD dated February 28, 1997 ("INMD-FCI Agreement"). In order to further facilitate the provision of Infertility Services, FCI desires to employ Physician and Physician desires to accept such employment, on the terms and conditions hereinafter set forth.

R E C I T A L S. Pursuant to a certain credit agreement, dated as of the date hereof (as amended, amended and restated, supplemented or otherwise modified from time to time, the "Credit Agreement"; capitalized terms used herein and not defined shall have the meanings assigned to them in the Credit Agreement), among ▇▇▇▇▇▇ Products Company (the "Borrower"), the Banks and Banque Indosuez, New York Branch, as Agent and Collateral Agent for the Banks, the Banks have agreed (i) to make to or for the account of the Borrower certain A Term Loans up to an aggregate principal amount of $15,000,000, certain B Term Loans up to an aggregate principal amount of $10,000,000 and certain Revolving Loans up to an aggregate principal amount of $15,000,000 and (ii) to issue certain Letters of Credit for the account of the Borrower.

R E C I T A L S. Seller is engaged in the business of providing cable television service to subscribers in and around the geographic areas set forth on Exhibit A.