Cast Plate definition
Examples of Cast Plate in a sentence
Contemporaneously with the consummation of the Rolling Mill Sale and the Cast Plate Sale, the Borrowers shall have paid to the Agent, for application to outstanding Loans under the Credit Agreement, an amount equal to all of the Revolving Credit Loans outstanding at such time under the Credit Agreement.
Century desires to sell to the Purchaser, and the Purchaser desires to purchase from Century, 100 shares (the "SHARES") of common stock ("COMMON STOCK"), par value $1.00 per share, of Century Cast Plate, Inc.
The Subsequent Amendment will amend various definitions, terms and conditions contained in the Credit Agreement, including without limitation, amendments to certain of the financial covenants, in order to reflect changes in the Borrowers' business resulting from the Cast Plate Sale and the Rolling Mill Sale.
The Rolling Mill Sale and the Cast Plate Sale, including all of the terms and conditions thereof, shall have been duly approved by the board of directors and (if required by Applicable Law) the shareholders of the parties thereto.
The Purchase Agreement and each other material agreement and document relating to the Rolling Mill Sale and the Cast Plate Sale (the "Sale Documents") shall have been duly executed and delivered by each of the parties thereto, shall be in full force and effect.