Corcom definition
Examples of Corcom in a sentence
Except as contemplated by this Agreement and except for the Company's obligations in respect of the Options under the Corcom, Inc.
Pursuant to that certain Agreement and Plan of Merger dated as of the date hereof (the "Merger Agreement") among Purchaser, Communications Instruments, Inc., a Delaware corporation and parent of Purchaser, and Corcom, Inc., an Illinois corporation ("Company"), Purchaser will be merged with and into the Company and the Company shall be the surviving corporation in the merger (the "Merger").
Corcom further agrees not to settle any claim, litigation or proceeding (whether or not any Indemnified Person is a party thereto) relating to this Agreement or Transaction without Chicago Dearborn's prior written consent unless: (i) such settlement releases all the Indemnified Persons from any and all Liabilities related to this Agreement or the Transaction; and (ii) the entire settlement amount and all costs of settlement are borne by Corcom.
The undersigned may borrow, repay and reborrow any amount, subject to the limitations contained in the Loan Agreement dated March 28, 1995, as amended from time to time, executed by and between Corcom, Inc.
If this Agreement is terminated by Corcom or this Agreement is terminated by Chicago Dearborn after a breach of the Agreement by Corcom or the Agreement's Term expires without renewal, and if a Transaction is consummated during the period of nine months following a termination for any of the three foregoing reasons, then the Financial Advisory Fee in respect of such Transaction shall become due and payable.
In the event that the Indemnified Person concludes that such a conflict of interest exists, the Indemnified Person shall have the right to: (i) assume and direct the defense of such suit, action, or proceeding on his own behalf; and (ii) to select counsel which will represent him in any such action, suit or proceeding, and Corcom shall indemnify the Indemnified Person for the reasonable legal fees and expenses of such counsel and other out-of- pocket expenses reasonably incurred by the Indemnified Person.
Corcom and AACC acknowledge that the Term of the Agreement expired without renewal.
Neither the Borrower, Kilovac nor Corcom has outstanding securities convertible into or exchangeable for its capital stock or outstanding any rights to subscribe for or to purchase, or any options for the purchase of, or any agreement providing for the issuance (contingent or otherwise) of, or any calls, commitments or claims of any character relating to, its capital stock.
Corcom acknowledges that, although The First National Bank of Chicago (the "Bank") has referred Corcom to Chicago Dearborn, neither the Bank nor any of its affiliates, officers, directors or employees shall have any responsibility or liability of any kind whatsoever in connection with the services rendered pursuant to this Agreement.
C▇▇▇▇▇ acknowledges and agrees that, in rendering its services hereunder, Chicago Dearborn will be using and relying on information provided by Corcom or information available from public sources and other sources deemed reliable by Chicago Dearborn without independent verification thereof by Chicago D▇▇▇▇▇▇▇ or independent appraisal by Chicago D▇▇▇▇▇▇▇.