COUS definition
Examples of COUS in a sentence
LETTERS OF UNDERSTANDING #NS1 Re: COUS non-student employees Originally signed October 20, 2010 Notwithstanding article 13.03 in the TA Appendix, the parties agree that the probation period for non-students appointed for duration of at least three (3) months at half time (0.50 FTE) or more will be three (3) months.
If Spirit has not delivered such notice within such five (5) business-day period, the Distributee shall be considered a COUS for purpose of Section 1 of this Agreement.
The Parties expressly acknowledge that no restrictions on repurchase or remarketing imposed by this Agreement shall attach to the Non-Voting Common Stock and that they shall be fully marketable as shares of Voting Common Stock if being marketed and sold to a COUS or in open-market transactions, unless the proposed transferor is aware that the proposed transferee is not a COUS.
No Party may impose customs duties, on [electronic transmissions] [CO/US considering: including content transmitted electronically] [CO/US propose; CA/CH/EU/IL/NO oppose: electronically transmitted content].
If Spirit timely delivers a notice to the Distributee, the Distributee shall not be considered a COUS for purposes of Section 1 of this Agreement and the Non-Voting Spirit Shares shall not be converted into shares of Voting Common Stock until such objections have been resolved or deficiencies have been remedied to the reasonable satisfaction of Spirit and/or its aviation counsel or DOT.
For greater certainty, nothing in paragraph 1 prevents a Party from imposing internal taxes, fees or other charges on [electronic transmissions] [CL/CO/US considering:, including content transmitted electronically] [CO/US propose: electronically transmitted content], provided that such taxes, fees or charges are imposed in a manner consistent with this Agreement.
In no event shall any holder of shares of Class A Common Stock Transfer any shares of Class A Common Stock if such Transfer would result in the Company losing its status as a COUS.
None of Mesa, Nilchii, Anchorage, PAR, or any of their respective advisers shall initiate contact the DOT with respect to matters covered by this Agreement or otherwise identify Spirit in any discussions with DOT with respect to such Party’s status as a COUS in general without advance written notice to Spirit; provided, however, that if the DOT contacts any such Party directly, such Party may respond directly to DOT so long as it gives prompt written notice to Spirit.
In exchange for, (i) payment to KL by COUS of 34,845,950 restricted shares (collectively, the “Shares” as indicated above) of the Company, pursuant to Regulation S of the Securities Act of 1933 (the “Act”), with the Shares being valued at $0.001 each, representing the last closing price of COUS’s common stock, for a total amount of USD$34,845.95, which represents an amount equal to the principal and accrued interest of the Debt, the receipt of which is acknowledged by affixing KL’s signature herein.
COUS has proposed to pay to KL, in lieu of cash, restricted shares (the “Shares”), in the amount set forth below, of the common stock of COUS in full satisfaction and discharge of the debt (the “Debt”) due and owing to KL by COUS, and KL has agreed to accept the Shares in lieu of cash for settlement of the Debt pursuant to the terms and conditions set forth herein.