CEAL definition

CEAL means Corporate Express Australia Limited, a corporation incorporated in Australia.
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Examples of CEAL in a sentence

  • The Parent shall procure that within 10 days following each date on which the Parent or any of its Subsidiaries (other than a member of the CEAL Group to which the CEAL Exception Conditions apply) receives any proceeds from any Recovery Event, an amount equal to 100 per cent.

  • The Parent shall procure that on each date on which the Parent or any of its Subsidiaries (other than a member of the CEAL Group to which the CEAL Exception Conditions apply) receives any net cash proceeds from any sale or issuance of Preferred Stock or common equity of (or cash capital contributions to) the Parent or any of its Subsidiaries an amount equal to 50 per cent.

  • Notwithstanding anything to the contrary contained elsewhere in this Agreement (including without limitation in this Clause 30) or any Finance Document, it is acknowledged and agreed that, in the case of the pledge of Equity Interests in CEAL only, the aggregate amount secured by said Equity Interests is, until such time as otherwise required by the immediately succeeding sentence, limited to €10,000,000.

  • Notwithstanding anything to the contrary in this Clause 30.15, if at any time, or from time to time, the Instructing Group specify, by written notice to the Parent, ▇▇▇▇▇▇▇▇ International B.V. and the Security Trustee, that the amount secured by the Equity Interests in CEAL be increased to a specified amount, such increase shall automatically occur in accordance with the share mortgage of CEAL between ▇▇▇▇▇▇▇▇ International BV and the Security Trustee.

  • In connection with any notice given in accordance with the immediately preceding sentence, the Lenders hereby agree that they shall not specify that the amount secured by the Equity Interests in CEAL be increased above an amount which is equal to 120 per cent.

  • The Parent shall procure that on each date on which the Parent or any of its Subsidiaries (other than a member of the CEAL Group to which the CEAL Exception Conditions apply) receives any cash proceeds from any incurrence of Indebtedness (other than Indebtedness permitted in accordance with Clause 26.4 (Indebtedness) as in effect on the Effective Date (“Permitted Effective Date Indebtedness”) and Indebtedness under any Finance Document) for borrowed money, an amount equal to 100 per cent.

  • The Parent shall procure that on each date upon which the Parent or any of its Subsidiaries (other than a member of the CEAL Group to which the CEAL Exception Conditions apply) receives Net Sale Proceeds from any Asset Sale (including, for the avoidance of doubt, in relation to any sale, lease or disposal of CEAL or all or substantially all of the assets of the CEAL Group), an amount equal to 100 per cent.

  • All labour hire agencies used by CEAL to provide labour for it’s distribution and warehousing facilities, will be subject to this agreement.

  • The Parent shall procure that on each date upon which the Parent or any of its Subsidiaries (other than a member of the CEAL Group to which the CEAL Exception Conditions apply) receives Net Sale Proceeds from any Asset Sale (including, for the avoidance of doubt, in relation to any sale, lease or disposal of CEAL or all or substantially all of the assets of the CEAL Group) , an amount equal to 100 per cent.

  • CEAL will respect the union’s right to privacy and not intervene during a meeting, emergency excepted.

Related to CEAL

  • public vessel ’ means a vessel owned or bareboat chartered and operated by the United States, by a State or political subdivision thereof, or by a foreign nation, except when such vessel is engaged in commerce;

  • Counterfeit Part means (1) an unauthorized copy, imitation, substitute, or modified part, which is knowingly misrepresented as a specified genuine part of the original manufacturer, or (2) a previously used Electrical, Electronic, and Electromechanical Part which has been modified and is knowingly misrepresented as new without disclosure to Buyer that it has been previously used. Examples of a Counterfeit Part include, but are not limited to, the false identification of grade, serial number, date code, or performance characteristics. NOTE: This definition shall be read so as not to conflict with the definition for “counterfeit electronic part” cited in DFARS 252.246-7007, where that definition shall govern to the extent that clause applies.

  • Agricultural burning also means open outdoor fires used in the operation or maintenance of a system for the delivery of water for the purposes specified in paragraph (1).

  • Alcoholic liquor means that term as defined in section 105 of the Michigan liquor control code of 1998, 1998 PA 58, MCL 436.1105.

  • Open burning means the combustion of any material without the following characteristics: