Thermo Electron definition

Thermo Electron has the meaning set forth in the preamble hereto.
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Thermo Electron or "Respondent" means Thermo Electron Corporation, its directors, officers, employees, agents, representatives, predecessors, successors, and assigns; and its parents, joint ventures, subsidiaries, divisions, groups and affiliates controlled by Thermo Electron Corporation, and the respective directors, officers, employees, agents, representatives, predecessors, successors, and assigns of each.
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Thermo Electron collateralizes with investments principally consisting of corporate notes, United States government-agency securities, money market funds, commercial paper and other marketable securities, in the amount of at least 103% of such obligation. OPTEK BOARD: the Board of Directors of Optek.
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Examples of Thermo Electron in a sentence

  • The aggregate principal amount outstanding shall be payable within 30 days of demand by Thermo Electron.

  • In addition, the Subsidiary's non-U.S. subsidiaries may, from time to time, lend or advance their excess cash to Thermo Electron, on an unsecured basis, bearing interest at rates set by Thermo Electron at the beginning of each month, based to the extent practicable on comparable interest rates generally available in the local jurisdiction of such participating non-U.S. subsidiary.

  • The parties agree that, effective as of the date hereof, each of the Master Repurchase Agreement, as amended and restated, between the Subsidiary and Thermo Electron and the Master Guarantee Reimbursement and Loan Agreement, as amended and restated, between the Subsidiary and Thermo Electron, is hereby terminated and is of no further force and effect.

  • The Subsidiary shall have the right to withdraw all or part of its Excess Cash upon 30 days' prior notice to Thermo Electron.

  • Thermo Electron shall indicate on its books the balance of the Subsidiary's cash held by Thermo Electron under this arrangement.

  • At the end of each business day, Thermo Electron shall apply the balance of the Subsidiary's Excess Cash held by Thermo Electron under the cash management arrangement toward the payment of any loans or advances to the Subsidiary.

  • Within 30 days of receipt of such withdrawal notice, Thermo Electron shall transfer the portion of the Excess Cash requested for withdrawal to an account designated by the Subsidiary.

  • Upon request from the Subsidiary, Thermo Electron may make loans and advances to the Subsidiary on a short-term, revolving credit basis, from time to time, in such amounts as mutually determined by Thermo Electron and the Subsidiary.

  • Interest shall be payable on the Excess Cash by Thermo Electron to the Subsidiary each fiscal month in arrears.

  • At the end of each business day, the cash balance deposited in the Subsidiary's concentration account shall be transferred to Thermo Electron's intercompany account at BankBoston or other bank designated by Thermo Electron.

Related to Thermo Electron

  • NEC Electronics as used in this statement means NEC Electronics Corporation and also includes its majority-owned subsidiaries.

  • NEC Electronics products means any product developed or manufactured by or for NEC Electronics (as defined above).

  • Powertrain means the total combination in a vehicle of propulsion energy storage system(s), propulsion energy converter(s) and the drivetrain(s) providing the mechanical energy at the wheels for the purpose of vehicle propulsion, plus peripheral devices.

  • Electronic nicotine delivery system or “(ENDS)” means any device that delivers a vaporized solution (including nicotine, THC, or any other substance) by means of cartridge or other chemical delivery systems. Such definition shall include, but may not be limited to, any electronic cigarette, vape pen, hookah pen, cigar, cigarillo, pipe, or personal vaporizer. ENDS are not FDA-approved nicotine replacement therapy devices.

  • Diagnostic source assembly means the tube housing assembly with a beam-limiting device attached.