Core Scientific definition

Core Scientific or “Borrower”) and as authorized representative for all Obligors (as defined in the Loan Agreement) hereunder (in such capacity, the “Obligor Representative”), (b) each SUBSIDIARY GUARANTOR, as a Guarantor, an Obligor, and a debtor and debtor-in-possession in the Chapter 11 Cases (as such terms are defined in the Loan Agreement), (c) the entities parties to the Loan Agreement as lenders (the “Lenders”) and (d) ▇. ▇▇▇▇▇ COMMERCIAL CAPITAL, LLC, as Administrative Agent (the “Administrative Agent”).
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Examples of Core Scientific in a sentence

  • On October 8, 2021, the Parties entered into a Sub-license and Delegation Agreement (the “Sub-License Agreement”) relating to that certain Services Agreement, dated as of September 12, 2021, by and between Core Scientific, Inc.

  • Any notice or communication by the Company or the Trustee to the other will be deemed to have been duly given if in writing and delivered in person or by first class mail (registered or certified, return receipt requested), facsimile transmission, electronic transmission or other similar means of unsecured electronic communication or overnight air courier guaranteeing next day delivery, or to the other’s address, which initially is as follows: If to the Company: Core Scientific, Inc.

  • Client recognizes that the Attorneys may represent other Core Scientific investors in the Litigation.

  • CSMD Core Scientific Metadata Model CTA Cherenkov Telescope Array.

  • Duke will provide design, procurement, construction and project management activities and installation services (“Services”) to Core Scientific related to the following: • Provide labor, equipment, and material to install four (4) overhead circuits to feed Customer provided transformers plus one (1) additional circuit for future use.

  • The Vendors agree that the Purchaser shall operate compensation and set off the following amounts from the Purchase Price payable hereunder: (i) an amount of $7,140,408.58 in deposits previously paid by the Purchaser to the Vendors in accordance with the terms of the Master Services Agreement; and (ii) an amount of $819,730.27 in cash that the Vendors received from the Purchaser on September 9, 2020 for subcontracted hosting services received from Core Scientific Inc.

  • In the event Attorneys are representing other Core Scientific investors, the Client agrees that any conflicts caused by such representation are waived.

  • Each of Core Scientific, Inc.’s existing and future, direct and indirect domestic or foreign subsidiaries that are debtors and debtors-in-possession in the Chapter 11 Cases, including all existing obligors under the Existing DIP Credit Agreement (as defined below) (collectively, the “Guarantors” and together with the Borrower, the “Loan Parties”).

  • The Executive may from time to time be eligible to receive equity or equity- based incentive awards under the Core Scientific, Inc.

  • RSU Award Agreements shall be treated as Executory Contracts under the Plan and deemed assumed on the Effective Date pursuant to sections 365 and 1123 of the Bankruptcy Code; provided, that the Unvested RSUs shall be the only outstanding RSUs under such RSU Award Agreements on the Effective Date (consistent with (b)(ii), above); provided further, that such RSU Award Agreements shall be subject to adjustment by the current Board of Directors of Debtor Core Scientific, Inc.