Bitech definition

Bitech has the meaning set forth in the introductory paragraph hereto.
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Examples of Bitech in a sentence

  • In consideration of E▇▇▇▇▇▇’s contribution of the Projects, as contemplated and described herein, Bridgelink hereby agrees to distribute the Net Proceeds directly to Emergen, a wholly owned subsidiary of Bitech, received by Bridgelink from Purchaser pursuant to the Greenfield Projects portion of the Purchase Agreement, in which Emergen shall retain 37.5% of the Net Proceeds and Emergen shall distribute the remaining 62.5% of the Net Proceeds to EIP.

  • The authorized capital stock and the issued and outstanding capital stock of Bitech is as set forth in the SEC Reports.

  • Bridgelink, Bitech, Purchaser, and E▇▇▇▇▇▇, and their respective successors, assigns, heirs, and personal representatives are all considered persons for purposes of this Agreement.

  • Bridgelink, Bitech, Purchaser, EIP and Emergen are all considered juridical persons.

  • Bridgelink is a related party to Bitech by way of a common principal and ownership (C▇▇▇ ▇.

  • The execution, delivery and performance of this Agreement does not, and the consummation of the Transactions will not, violate any provision of Bitech Organizational Documents.

  • Emergen has no employees as of the Effective Date and shall have no employees as of the Closing, other than as may be agreed by Bitech.

  • The execution of this Agreement by Bitech and the consummation of the Transactions by Bitech will not result in the breach of any term or provision of, constitute a default under, or terminate, accelerate or modify the terms of, any indenture, mortgage, deed of trust, or other material agreement or instrument to which Bitech is a party or to which any of its assets, properties or operations are subject.

  • Bitech acknowledges, understands, and agrees that Bitech shall execute documents needed to convey, transfer, assign, deliver, and contribute over such rights and interests to the Projects as contemplated and described in this Agreement.

  • Bitech has taken all actions required by Law, Bitech Organizational Documents, or otherwise to authorize the execution, delivery and performance of this Agreement and to consummate the Transactions.