AOLB definition
Examples of AOLB in a sentence
Upon such payment, AOLA, AOLB and Itau shall jointly execute and deliver to the Escrow Agent a Note Release Certificate instructing the Escrow Agent to release to Itau the Reference Payment Notes applicable to such Anniversary Date.
AOLB and Itau will discuss and agree upon measures to facilitate the migration of members of the AOLB Service who are Itau Customers to become AOLB/Itau Subscribers.
If Itau fails to make such payment to AOLA or AOLB (as designated by AOLA in its sole discretion), AOLA and AOLB shall be entitled to deliver the re-issued Audit Certificate (Reference Payments) to the Escrow Agent for the purpose of releasing the applicable Reference Payment Notes from escrow in accordance with the terms of the Escrow Agreement.
Any firm nominated to be the Auditor shall (i) be one of the so-called "Big-5" accounting firms (or their successors), (ii) shall not have been retained or employed by AOLA, AOLB or Itau during the past year, and (iii) is not at the time of such nomination retained or employed by a competitor of AOLA, AOLB, or Itau; provided, however, a firm that is retained or employed by a competitor of AOLA, AOLB or Itau may be nominated if there are no other firms that satisfy (i) and (ii) of this sentence.
One copy of the decision and award of the arbitrator shall be delivered to AOLA and AOLB and one copy shall be delivered to Itau.
All other notices and other communications required or permitted hereunder shall be in writing and shall be deemed to have been given when received, if personally delivered or sent by facsimile transmission, on the following day if sent by overnight mail, or five (5) days after deposited in the U.S. mail for delivery by registered or certified mail, return receipt requested, postage prepaid, addressed as follows: If to AOLA and AOLB to: AOL Latin America, Inc ▇▇▇ ▇.
Immediately after such exchange, for purposes of this Escrow Agreement, the Retained Note or Notes delivered to AOLA and AOLB in accordance with the immediately preceding sentence shall be deemed to be the Released Note or Notes, and the Released Note or Notes over which the Escrow Agent has taken custody pursuant to the immediately preceding sentence shall be deemed to be the Retained Note or Notes.
If at any time, any of the Termination Fee Notes are released from --------- escrow and delivered to AOLA, AOLB or Itau pursuant to the terms of this Escrow Agreement, then within three (3) Business Days thereafter, all of the Reference Payment Notes (Brazil) and the Reference Payment Notes (Caymans) shall be released from escrow and shall be delivered to Itau by hand delivery or by reputable overnight mail service.
Local prevailing wage rates shall be paid in accordance with Sections 1770, 1773, and 1782, as amended, of the California Labor Code on all public works construction contracts exceeding twenty‐five thousand dollars ($25,000) and all public works contracts for alteration, demolition, repair or maintenance work exceeding fifteen thousand dollars ($15,000).
AOLA and AOLB shall have the right and discretion to proceed with any and all remedies available to them under this Escrow Agreement, the Marketing Agreement or otherwise, in such order, or simultaneously, as they shall determine in their sole discretion.