Scitex definition

Scitex. Scitex Digital Video (Europe) Ltd., Scitex Digital Video (Asia Pacific), Inc.,
Scitex and American Bankers Insurance Group, Inc. ("ABIG") and certain other holders of Borrower's 6% Senior Subordinated Convertible Notes (the "Senior Notes") waiving any and all defaults of Borrower with respect to Borrower's obligations to Scitex, ABIG and such holders, LaSalle waives, through the date hereof, Borrower's (a) default of the covenant in paragraph 14(m) not to amend its organizational documents, as a result of Borrower's amendment to its Bylaws dated as of May 26, 1999, amendment to its Bylaws dated as of July 20, 1999, and amendment to its Certificate of Incorporation dated as of July 20, 1999, copies of which have been provided to LaSalle; (b) default of the Consolidated Tangible Net Worth covenant in paragraph 14(n)(i) as such covenant existed prior to this Amendment, (c) default of the Cash Flow covenant in paragraph 14(n)(ii) as such covenant existed prior to this Amendment; and (d) default which has occurred under paragraph 16(i) as a result of Borrower's default under its subordinated promissory note in favor of Scitex and under its Senior Notes dated as of March 12, 1999. Upon the effective date of LaSalle's waiver, Borrower may make payment to Scitex of all principal and interest accrued under the subordinated promissory note and up to $1,015,000 representing principal which was scheduled to be paid in June 1999, provided that all conditions for such payment under paragraph 14(u) of the Agreement are satisfied and Scitex waives any and all other defaults by Borrower through the date of payment.
Scitex or any part or variation of any of the foregoing or any confusingly similar trade names, trademark or logo, or any of the logos or taglines listed on Schedule 1.2(h) used by Parent or its affiliates and also used by the Seller, SDVAP or SDVE in connection with the Business;

Examples of Scitex in a sentence

  • Except for pursuant to the Investors' Rights Agreement of even date herewith between the Company and Scitex (the "Scitex Investors' Rights Agreement"), the Company is not a party or subject to any agreement or understanding, and, to the best of the Company's knowledge, there is no agreement or understanding between any persons that affects or relates to the voting or giving of written consents with respect to any security or the voting by a director of the Company.

  • Except as provided in the Investor's Rights Agreement and the Scitex Investors' Rights Agreement, the Company is not obligated to register under the Securities Act any of its presently outstanding securities or any of its securities that may subsequently be issued.

  • Tenant acknowledges that (i) Landlord has disclosed to Tenant that the Premises and Expansion Space A (defined below) are under lease to Scitex, Inc.

  • Seller and Scitex Vision acknowledge that all rights of Seller with respect to the aforesaid investment, if any, are fully reflected in the SV Shares, and for the avoidance of doubt such rights and any other rights of the same kind of Seller in Scitex Vision are deemed to be part of the SV Securities.

  • Scitex Vision is not aware that any director, key Employee or Related Party of Scitex Vision or its subsidiaries has any interest in any corporation, partnership, or other entity that is engaged in a business which is in competition with that of Scitex Vision or its subsidiaries, is a supplier or customer of Scitex Vision or its subsidiaries, or is a party to any contract which may have any effect on the business of Scitex Vision or its subsidiaries.

  • Scitex Vision and its subsidiaries have taken security measures to protect the secrecy, confidentiality and value of all SV Intellectual Property, which measures are reasonable and customary in the industry in which they operate.

  • Seal: Signature: Name: , Notary Public EXHIBIT A EXHIBIT E-6-A REGISTERED TRADEMARK AND TRADEMARK APPLICATION ASSIGNMENT This Registered Trademark and Trademark Application Assignment (this "Assignment") is made as of December 10, 1998 by Scitex Digital Video, Inc., a Massachusetts corporation ("Assignor") to Accom, Inc., a Delaware corporation ("Assignee").

  • Until the Closing, Seller shall inject a sum of $15 million into Scitex Vision, which investment shall be recorded as receipt on account of share capital in the financial statements of Scitex Vision.

  • Each of Scitex Vision and its subsidiaries has all requisite corporate power and authority to own and use its assets and conduct its business as currently conducted.

  • The actual amount of space of the Scitex Rental Property as of the commencement of this Agreement constitutes 11.43% of the aggregate square meterage of the Azrieli Facility.


More Definitions of Scitex

Scitex at any time after IBC 1999. The right to use the name "Scitex Digital Video" or any trade name that includes "Scitex" during such period shall include, among other things, the right to use such names in or on products, packaging and marketing materials.
Scitex dated as of November 1, 2001. As discussed and agreed with you, Scitex will be transferring its corporate offices from the facilities leased to Clal on the 45th floor of the 3 Azrieli Center, Triangular Tower (“Azrieli Center”), to facilities leased to Discount Investment Corporation Ltd. on the 43rd floor of the Azrieli Center. Accordingly, Scitex will no longer be requiring from Clal, and Clal will no longer be providing, the following services, as set forth in the Service Agreement, which services shall remain suspended, with effect from December 31, 2003 until the parties agree in writing to reinstate the same (if at all) pursuant to the provisions of the Services Agreement: