BSSI definition

BSSI means Binary Stream Software Inc.
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Examples of BSSI in a sentence

  • All payments of interest and other investment earnings to New Skies and BSSI in accordance herewith shall be made to such account as may be notified in writing by New Skies or BSSI, respectively, to the Escrow Agent.

  • All income earned on the Escrow Fund shall be taxable to New Skies until the Satellite Delivery Date (as defined below) and to BSSI after the Satellite Delivery Date and shall be credited to the Escrow Account until it is disbursed pursuant to Section 2.3. The Escrow Agent shall have no responsibility for the tax consequences of this Agreement.

  • In the event of a dispute under Article III, unless otherwise instructed in writing by BSSI and New Skies, the Escrow Agent shall place interest and any other investment earnings on any disputed amount into the Escrow Account.

  • New Skies and BSSI, jointly and severally, shall be responsible for paying such amount.

  • The Escrow Agent is authorized, at its option, to deposit with the Clerk of the Court or the Arbitrator(s), as applicable, all documents and funds held in escrow, except all costs, expenses, charges, and reasonable attorneys’ fees incurred by the Escrow Agent due to the interpleader action and which New Skies and BSSI jointly agree to pay.

  • New Skies and BSSI shall resolve any dispute or disagreement arising under or relating to the NSS-8 Contract in accordance with Article 21 thereof, including its arbitration provisions (which currently provide for arbitration under the Rules of Conciliation and Arbitration of the International Chamber of Commerce by three arbitrators in an arbitration conducted in the United Kingdom).

  • The Escrow Agent shall receive the Escrow Amount and agrees to hold the Escrow Amount in a separate and distinct account (the “Escrow Account”) which, subject to the terms and conditions of this Agreement, will be available for disbursement upon a draw made by BSSI at the Escrow Agent’s office in Chicago, Illinois.

  • If New Skies and BSSI fail to appoint a successor escrow agent within such time, the Escrow Agent shall have the right to appoint a successor escrow agent.

  • Furthermore, the Escrow Agent may, at its option, file an action of interpleader requiring the parties to answer and litigate any claims and rights among themselves, provided that such action must be brought in accordance with Article XV hereof if the dispute involves solely New Skies and BSSI.

  • The costs and expenses of enforcing this right of indemnification also shall be paid jointly by New Skies and BSSI.

Related to BSSI

  • CSAM or "Credit Suisse" (or any combination thereof).

  • Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • IMRO means the Irish Music Rights Organisation CLG.

  • TELRIC means Total Element Long-Run Incremental Cost.

  • SAMR means the State Administration for Market Regulation of the PRC or, with respect to the issuance of any business license or filing or registration to be effected by or with the State Administration for Market Regulation, any Governmental Authority which is similarly competent to issue such business license or accept such filing or registration under the Laws of the PRC.