Excel-Tech definition

Excel-Tech mean Excel-Tech Ltd. USA, a Delaware corporation.
Excel-Tech means Excel-Tech Ltd., a corporation incorporated under the laws of Canada all of whose shares are to be acquired by Borrower pursuant to the Arrangement Agreement.

Examples of Excel-Tech in a sentence

  • Subject to the terms and conditions of this Agreement, Bank hereby agrees to make a loan to Borrower in the principal amount of Twenty-Five Million Dollars ($25,000,000.00) (the “Term Loan”), the proceeds of which shall be used for working capital and general corporate purposes and to finance Borrower’s acquisition of Excel-Tech.

  • Subject to the terms and conditions of this Agreement, Bank hereby agrees to make loans (each such loan, a “Revolving Credit Loan”) to Borrower from time to time on any Business Day during the Availability Period, not to exceed at any time the aggregate principal amount of Thirteen Million Dollars ($13,000,000.00) (the “Revolving Line of Credit”), the proceeds of which shall be used for working capital and general corporate purposes and to provide financing for Borrower’s acquisition of Excel-Tech.

Related to Excel-Tech

  • Nail technician means any person who for compensation manicures or pedicures natural nails, or who performs artificial nail services for compensation, or any combination thereof.

  • Clean coal technology means any technology, including technologies applied at the precombustion, combustion, or post combustion stage, at a new or existing facility which will achieve significant reductions in air emissions of sulfur dioxide or oxides of nitrogen associated with the utilization of coal in the generation of electricity, or process steam which was not in widespread use as of November 15, 1990.

  • Customer Technology means Customer's proprietary technology, including Customer's Internet operations design, content, software tools, hardware designs, algorithms, software (in source and object forms), user interface designs, architecture, class libraries, objects and documentation (both printed and electronic), know-how, trade secrets and any related intellectual property rights throughout the world (whether owned by Customer or licensed to Customer from a third party) and also including any derivatives, improvements, enhancements or extensions of Customer Technology conceived, reduced to practice, or developed during the term of this Agreement by Customer.

  • Innovative control technology means any system of air pollution control that has not been adequately demonstrated in practice, but would have a substantial likelihood of achieving greater continuous emissions reduction than any control system in current practice or of achieving at least comparable reductions at lower cost in terms of energy, economics, or non-air quality environmental impacts.

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.