TRER definition
Examples of TRER in a sentence
Landlord shall install an AWG #2 stranded wire from the TR/ER Busbar to the building grounding electrode.
TRER and K-Tech have agreed that an alternative mechanism should be in place for TRER to earn membership percentage interest in Reetech up to the agreed maximum ownership interest of 49.9% in the event TRER is the procuring cause of revenue generated from third parties as specifically defined herein below.
Until TRER resigns, is removed, or ceases to be a Member, it shall act as the tax matters partner (the “TMP”), as such term is defined in Code Section 6231(a)(7), and the TMP is authorized to and shall represent the Company in connection with all examinations of the Company’s affairs by tax authorities, including resulting administrative and judicial proceedings.
Reetech and TRER (hereafter individually referred to as a “Party” or collectively as the “Parties”) previously entered into the Non-Exclusive License Agreement.
In the event Phase 1 Milestones as set forth in the Business Plan are not reached, TRER shall have the right to terminate any additional funding obligations under Section 12.6 and, at its option, cease to be a Member by surrendering its Units back to the Company.
Upon the execution hereof by TRER and ▇▇▇▇▇▇, this Separation Agreement (including the provisions of the Employment Agreement, Indemnification Agreement, Waiver and Release, and TRER’s by-laws, all of which are incorporated by reference herein) shall constitute a single, integrated contract expressing the entire agreement of the Parties relative to the subject matter hereof and shall supersede all prior negotiations, understandings and/or agreements, if any, of the Parties.
Upon the receipt of any additional cash contribution from TRER upon reaching each Milestone, the Company shall automatically adjust the Units owned by TRER by amending Schedule A such that TRER owns a percentage ownership in the Units that is calculated as the cumulative amount of capital contributed to the Company to that point by TRER divided by $7.0 million multiplied by 0.499.
Except as otherwise provided in Paragraphs 7 and 8 hereto, this Separation Agreement constitutes the entire agreement between the parties and replaces and terminates the Employment Agreement entered into by and between TRER and ▇▇▇▇▇▇ on May 3, 2011, and all other promises or agreements of or related to his employment, whether oral or written, express or implied.
Allow for a minimum of one (1) 3750 series chassis to be placed in each TR/ER.
As of June 30, 2015, TRER has made the initial Capital Contribution indicated opposite its name on Schedule A, and K-Tech shall be deemed to have made the initial Capital Contribution indicated opposite its name on Schedule A.