Examples of Calfinco in a sentence
As long as Calfinco holds at least fifty percent (50%) of the equivalent number of Preferred Shares into which the Class C Preferred Shares were converted as of June [•], 2015, Calfinco shall have the prerogative to (a) appoint one (1) member to the Board of Directors, (b) appoint any successors of the member appointed in subparagraph (a) above; and (c) remove from the Board of Directors of the Company any member appointed in accordance with subparagraphs (a) and (b) above.
In a preprocessing phase [15], we nd all objects that overlap a given voxel and maintain a list of these for each voxel.
SURPLUS EQUIPMENTDiscussion, consideration, possible action to declare/deny items listed in Exhibit B to the DCMSA agenda as surplus to the City’s needs; authorize final disposition of items as approved by the Acting Trust Manager.
As a result, in case this conversion occurs, Calfinco will continue to be entitled to its original rights as stated in the By-laws and in this Agreement.
As long as Calfinco holds at least 50% (fifty percent) of the equivalent number of Preferred Shares into which the Class C Preferred Shares were converted as of June [•], 2015 (or), Calfinco shall have the prerogative to (i) appoint one (1) member to the Board of Directors, (ii) appoint any successors of the member appointed in subparagraph (i) above; and (iii) remove from the Board of Directors of the Company any member appointed in accordance with subparagraphs (i) and (ii) above.
If CEA receives a bona fide offer to Transfer its Member Interest that CEA desires to accept (an "Offer"), CEA shall deliver to Calfinco a complete copy of the Offer, together with a letter from the chief financial officer (or equivalent) of the offeror, certifying that the offeror's net worth, determined in accordance with GAAP, is greater than $10,000,000.
The names of and addresses for notice to the Members, as of the date hereof, are as follows: Calfinco: CALFINCO Inc.
Calfinco shall have twenty (20) days to review the Offer and to decide whether to acquire CEA's Member Interest upon the terms of the Offer.
If Calfinco notifies CEA that Calfinco has decided not to acquire the Member Interest upon the terms of the Offer, or if Calfinco fails to notify CEA of Calfinco's decision within such twenty (20) day period, Calfinco shall be deemed to have waived Calfinco's right to acquire CEA's Member Interest pursuant to the Offer, and CEA shall be free to Transfer its Member Interest to the offeror pursuant to the Offer.
The Company will, upon the written request at any time of Calfinco furnish or cause to be furnished to Calfinco a certificate setting forth (a) such adjustments and readjustments, (b) the Class C Conversion Ratio in effect at the time, and (c) the number of Converted Preferred Shares which at the time would be received upon the conversion of the Calfinco Preferred Shares.