Desca definition

Desca means Desca Holding, LLC, a Delaware limited liability company.
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Examples of Desca in a sentence

  • For the purposes of this Agreement (i) “Descaserv Contract” shall mean that certain agreement signed on November 9, 2009 by Descaserv regarding the supply and installation of hardware and software for the extension of the national backbone of the IP/MPLS and Internet network, and (ii) “Desca Holdings’ Interests” shall mean the limited liability company membership interests of Desca Holdings.

  • Promptly after Closing, the Company shall (A) contribute all of its ownership interests in each of its foreign Subsidiaries (except Desca Panama) to an E.T.V.E. formed in the jurisdiction of Spain or a similar entity organized in jurisdiction chosen by Purchaser in its sole discretion and wholly-owned by Seller (“E.

  • At the Closing, the Responsible Party shall (A) contribute all of his ownership interests in the Company to Seller, and (B) contribute all of his ownership interests in Desca Colombia to Seller.

  • The Borrower will use the proceeds of the Loan solely for the following purposes: (i) $5,000,000 of such net proceeds shall be used by the Borrower to make a simultaneous loan to Desca in accordance with the terms of the Desca Loan Documents; and (ii) the balance of $500,000 of such proceeds shall be used by the Borrower to pay certain legal expenses of the Borrower and SIBL.

  • In the event that the transaction shall not take place, Desca shall not, directly or indirectly or through an Affiliate, solicit for employment or hire any employee of the Company which is an employee of it at this date, or who was an employee of the Company at any time in the prior year.

  • Borrower covenants and agrees that all payments from or on behalf of Desca under the Desca Loan Documents to Borrower or to any of Borrower’s Affiliates shall be made directly to, or immediately upon receipt, deposited into an account subject to the Deposit Account Control Agreement.

  • In order to secure payment of the Note, the Borrower shall execute and deliver to Lender a pledge and security agreement relating to Borrower’s assets and the shares of common stock of Desca Corp.

  • Borrower shall deliver to Lender (i) an original of the Secured Promissory Note executed as of the date hereof by Desca in favor of Borrower, (ii) an allonge with respect to such Secured Promissory Note executed by Borrower and in a form reasonably acceptable to Lender and (iii) originals of all other Desca Loan Documents other than the documents listed in clause (vii) of the definition of Loan Documents set forth in the Desca Credit Agreement.

  • The CA will be based on the latest Desca FP7 CA format (version 3).

  • The Borrower will use the net proceeds of the Loan solely for the following purposes: (i) to pay off the loan by and between Desca Corp., a Florida corporation (“Desca Corp.”) and Regions Bank evidenced by a loan agreement dated as of September 28, 2006, (ii) to pay deposits, issue standby letters of credit and make any other ordinary course of business payments necessary to satisfy Borrower’s and/or Desca Corp.’s customer purchase orders; and (iii) as Borrower’s and/or Desca Corp.’s working capital.

Related to Desca

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • Truant means an unexcused absence for at least one class period during the day.

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • RICA means the Regulation of Interception of Communications and Provision of Communications Related Information Act 70 of 2003, as amended from time to time, and its related regulations as published in the Government Gazette;

  • WADA means the World Anti-Doping Agency.