Glentel definition

Glentel means Glentel, Inc., a Canadian corporation.

Examples of Glentel in a sentence

  • This Pre-Emptive Right shall be subject to the following provisions of this Section 2 or shall expire on the transfer(s) of grater than 50% of the Common Stock owned by Glentel.

  • Glentel's pro rata share for purposes of this Pre-Emptive Right is the ratio of the number of shares of Common Stock owned by Glentel (on an as-converted basis) immediately prior to the issuance of New Securities, to the total number of shares of Common Stock outstanding immediately prior to the issuance of New Securities, assuming full conversion of all securities and full exercise of all outstanding rights, options and warrants to acquire Common Stock of the Company.

  • The Registrable Shares (other than the Warrants and the Conversion Shares) owned by Glentel and securities issued in respect of the Registrable Shares (other than the Warrants and the Conversion Shares) owned by Glentel shall not be sold or transferred for one year after the date of this Agreement without the prior written consent of the Company.

  • Glentel and Glenayre entered into a Purchase and Sale Agreement dated as of July 16, 1992, as amended by Amendment to Purchase and Sale Agreement dated as of November 10, 1992 (the Purchase and Sale Agreement, as so amended, is referred to herein as the "Purchase Agreement").

  • Any time the Company proposes to issue New Securities (as defined in Section 2.2) in an amount which, in any 90 day period, exceeds 10% of the number of such outstanding securities at the beginning of such 90 day period, Glentel will have the right to purchase a pro rata portion of those New Securities (the "Pre-Emptive Right").

  • Glentel will then have 7 calendar days after the date such notice is delivered to Glentel to agree to purchase its pro rata share of such New Securities for the price and upon the terms specified in the notice by giving written notice to the Company and stating therein the quantity of New Securities to be purchased.

  • The provisions of Section 8.3(a), (c), (e) and (f) of the Purchase Agreement shall be applicable to all indemnification obligations of Glentel arising under this Section 1.

  • In the event the Company proposes to undertake an issuance of New Securities, it shall give Glentel written notice of its intention, describing the type of New Securities, and their price and the general terms upon which the Company proposes to issue the same.

  • The obligations of Glentel to provide letters of credit as security for its obligations under Article 8 of the Purchase Agreement shall continue in effect without regard to this Amendment and this Amendment shall not itself effect any extension of the periods during which Glentel is required to provide the Letter of Credit under the Letter of Credit Agreement dated as of November 10, 1992 between Glentel and GTI.

  • Glenayre hereby releases Glentel from any and all liability for indemnification under the Purchase Agreement with respect to the following claim: claim for infringement of U.S. Patent No. 5,239,671 of PageMart, Inc., and any and all civil actions and other proceedings of any type whatsoever concerning such patent, including but not limited to PageMart, Inc.

Related to Glentel

  • CORA means the Colorado Open Records Act, §§24-72-200.1 et. seq., C.R.S.

  • SADC means the Southern African Development Community;

  • SERFF means the system for electronic rate and form filing. SERFF is a proprietary NAIC computer-based application that allows insurers and other entities to create and submit rate, rule and form filings electronically to the commissioner.

  • Brands means the Sprint PCS Brands and the Sprint Brands.

  • snippet means a legally binding agreement (made pursuant to the provisions of this Framework Agreement) for the provision of the Services made between a Contracting Body and the Supplier comprising of an Order Form and the Call-Off Terms;","size":74,"snippetLinks":[{"key":"legally-binding-agreement","type":"clause","offset":[8,33]},{"key":"the-provisions-of-this","type":"clause","offset":[52,74]},{"key":"framework- agreement","type":"definition","offset":[75,94]},{"key":"the-provision-of-the-services","type":"clause","offset":[100,129]},{"key":"contracting-body","type":"definition","offset":[145,161]},{"key":"the-supplier","type":"clause","offset":[166,178]},{"key":"order-form","type":"clause","offset":[196,206]},{"key":"off-terms","type":"clause","offset":