BSIL definition

BSIL shall have the meaning set forth in Section 9.2(b).
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BSIL means Bear, ▇▇▇▇▇▇▇ International Limited, "COUNTERPARTY" means United Service Technologies Limited, and its successors, assigns and permitted transferees ("UNISERV"). On and after the time of effectiveness of the Novation Agreement (as defined in the Amended and Restated Credit Agreement dated as of December 16, 2004 (the "CREDIT AGREEMENT")) on the Novation Date (as defined in the Credit Agreement), "Counterparty" will mean the SPV (as defined in the Credit Agreement), and on and after that time, Uniserv shall have been released from certain Claims (as defined in the Novation Agreement).
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Examples of BSIL in a sentence

  • The Aggregation Point and Extension Path components and the BSIL Backhaul Service must be purchased by the same CP but are ordered and provided under separate contractual terms.

  • The Company acknowledges that BSTrust and BSIL are affiliates for purposes of the Institutional Account Agreement.

  • Each Extension Path will also require connection to a BSIL Backhaul Service which will provide connectivity to the CP’s Network.

  • This Agreement shall inure solely to the benefit of, and shall be binding upon, the Underwriter, BSIL and the Company and the controlling persons, directors, officers, employees and agents referred to in Sections 8 and 9 hereof, and their respective successors and assigns, and no other person shall have or be construed to have any legal or equitable right, remedy or claim under or in respect of or by virtue of this Agreement or any provision herein contained.

  • At Counterparty's election (as Counterparty shall notify BSIL no later than such Early Termination Date or the date following the cancellation or termination of the Transaction giving rise to the Cancellation Amount), Counterparty shall satisfy the Termination Payment by either (i) making the payments and deliveries set forth in clause (a) below (the "CASH TERMINATION OBLIGATION") or (ii) delivering Shares (the "SHARE DELIVERY OBLIGATION") as set forth in clause (b) below.

  • The parties hereto acknowledge and agree that each of BSIL and the Custodian (as defined in the Pledge Agreement) is a "stockbroker" within the meaning of Section 101 (53A) of Title 11 of the United States Code (the "BANKRUPTCY CODE") and that the Custodian is acting as custodian for BSIL in connection with the Transaction and that BSIL is a "customer" of the Custodian within the meaning of Section 741(2) of the Bankruptcy Code.

  • Certificates for the Offered Securities shall be registered in such name or names and shall be in such denominations as BSIL or the Underwriter, as applicable, may request, or in accordance with the terms of the Share Lending Agreement.

  • BSIL, must match to reflect that the terms of the underlying contract have been met: a process which is facilitated through a Transaction Matching Application.

  • New O▇▇▇▇ Corning and OCD hereby represent and warrant to BSIL as of the date hereof each of the Representations contained in the Agreement with respect to this Amendment and the Confirmation, as amended by this Amendment.

  • BSIL is not a bank that has entered into the Agreement in the ordinary course of its trade or business of making loans, as described in Section 881(c)(3)(A) (or any applicable successor provision) of the U.S. Internal Revenue Code of 1986, as amended.