EIBC definition
Examples of EIBC in a sentence
EIBC shall pay fees to Hillcrest for the performance of all professional serves in connection with the Service Program operated under this Agreement.
Such outline or statement of the respective Program responsibilities of the parties shall include, without limitation, (i) a description of the facilities, equipment and supplies to be furnished by each party, (ii) the number and required credential qualifications of Hillcrests’ employees or agents and EIBC employees or agents, if any, required to provide services under the Program, and (iii) the nature of the services anticipated under the Program and curriculum requirements of the Program.
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The Company’s financial and legal advisors promptly engaged with senior officials at ABC and CCB, as they had with EIBC, to review these financing commitment letters.
BGI’s financial advisors explained to representatives from Jefferies that BGI had determined not to proceed with financing from the entity that had provided the first commitment letter due to the higher cost of that financing, and instead would be proceeding with the financing from EIBC, which would be the lead lender along with two other financing sources which together would finance the proposed transaction.
The performance of all professional services hereunder by Hillcrest, its employees and agents, and the sale of such services to EIBC shall be as an independent contractor, and neither Hillcrest nor any employee or agent of Hillcrest shall perform such services in the capacity of an employee of EIBC.
The Fifth Amended and Restated Subsidiary Security Agreement, dated or to be dated as of the date hereof, as the same may be amended from time to time hereafter, among the Subsidiaries of the Borrower, the EIBC Subsidiaries and the Administrative Agent, in form and substance satisfactory to the Administrative Agent.
These adjustments must be approved by a majority of the administrators in the EIBC.
The Fifth Amended and Restated Subsidiary Guaranty, dated or to be dated as of the date hereof, made by each of the Subsidiaries of the Borrower and the EIBC Subsidiaries in favor of the Lenders and the Administrative Agent pursuant to which each such Subsidiary of the Borrower guaranties to the Lenders and the Administrative Agent the payment and performance of the Obligations and in form and substance satisfactory to the Lenders and the Administrative Agent.
EIBC is composed of multiple school districts and decisions are made by the majority of member districts.