AMNEX definition
Examples of AMNEX in a sentence
Registration of any new owner shall take place upon presentation of this Note to AMNEX at its offices together with an assignment duly authenticated.
The Employee has executed or will execute the standard AMNEX Employee Confidentiality Agreement, which agreement is incorporated herein by reference and made a part hereof.
AMNEX shall use its reasonable best efforts to comply with this obligation.
The addresses for such communications shall be: If to the Company: AMNEX, Inc.
It is understood and agreed that Buyer or AMNEX shall have the right in their reasonable sole discretion, and in accordance with the provisions set forth in subsection 2.8(d) below, to effect a Purchase Price Adjustment by reduction of the number of Holdback Shares.
For purposes hereof, the "Funding Date" shall mean the date of receipt by AMNEX and Buyer of the proceeds of the financing initiated by them in connection with and anticipation of consummation of the transactions contemplated hereby (the "Financing").
Except as provided in subparagraph 6.12(i) hereof, neither Buyer nor AMNEX has engaged, consented to or authorized any broker, finder, investment banker or other third party to act on its behalf, either directly or indirectly, as a broker or finder in connection with this Agreement and the transactions contemplated hereby.
It is agreed that, in lieu of passing through such monthly repayments to NTI, AMNEX will retain them as they are received from Teleplex and Global Network, and pay out the total sum of $85,000 to NTI under a promissory note covering such dollar amount, which note shall be payable in full within sixty (60) days from the date hereof.
The parties hereto shall cause National Telecom USA, Inc., an affiliate of the Sellers ("National"), and American Network Exchange, Inc., a wholly owned subsidiary of AMNEX and an affiliate of Buyer ("ANEI"), to enter into a letter agreement, effective as of the Closing Date, addressing the consequences to National of the consummation of the transactions contemplated hereby (the "Side Letter").
Without limiting the generality of the foregoing, the effectiveness of Paragraph 7.a. shall not require any further action by AMNEX or the Holder other than sending and receiving notification of the aforesaid waiver and/or exercise and, in the case of one or more exercises, adjustment of the Note accordingly.