Distech definition
Examples of Distech in a sentence
Under the Listing Rules, as a substantial shareholder of Distech Controls, Arcom is a connected person of the Company.
Replaced existing proprietary Trane Tracer Summit front end panel with new Distech Tridium Niagara based open protocol front end automation panel.
Includes new Distech open protocol controllers to control chillers/chw and cw pumps and to control boilers/hw pumps.
Immediately prior to the completion of the Repurchase, Arcom holds 11.15% of the equity interest in Distech Controls, one of the subsidiaries of the Company.
Upon reasonable notice from Distech, Reseller and Distech will meet (telephonically or in person, as agreed) at up to four times each year.
Distech and Reseller may also enter into one or more Product Exhibits which shall be governed by this Agreement, and which shall authorize Reseller to Sell specific Products under specific terms.
With respect to comprehensive general liability coverage and automobile liability coverage, an Additional Insured Endorsement shall be maintained in such insurance policies including Distech Brands Lighting, Inc.
With effect from the date of this Agreement clause 1.4.2 of the Principal Agreement will be amended as follows: (aa) advances owing by Distech to Liquitek up to a maximum amount of $US2,000,000 will be converted to shares in Distech on the basis that Liquitek will receive a 1.25% interest in Distech for every $US100,000 converted to equity.
If the Distech Representative notifies the Escrow Holder of the intention of the Stockholders to rescind this Agreement under the terms and condition set forth in Section 1.4.2 above, the Stockholders shall not have the right to transfer any of their LIQUITEK shares and the Escrow Holder shall be required to retain all of the Liquitek Shares in the Escrow pending the completion of the rescission.
Notwithstanding anything to the contrary in the NDA, this Agreement, any Product Exhibits all Feedback shall be considered the confidential information of Distech.