HTEL definition

HTEL means ▇▇▇▇▇▇▇▇▇ Telecom East Limited, a company incorporated under the Companies Act, 1956 which is presently carrying on the business of providing cellular telephone services in the metro city of Kolkata;

Examples of HTEL in a sentence

  • The suspension shall be lifted in the event that HTEL defaults on the conditions set forth in sections 1.c) and 1.d) of this Agreement.

  • During the subscription period of the IPO the HTEL stock will be fully convertible to EuroWeb stock consistent with the terms of the IPO.

  • Payment shall be made by HTEL to owners of E-NET in the amount of $150,000 USD through a deposit of good funds in a commercial bank selected by E-NET against tender to such bank of the Escrow Shares by E-NET.

  • At the closing of the IPO HTEL will issue $150,000 USD of stock in EuroWeb to the owners of E-Net.

  • If HTEL or MST breach this Agreement or fail to meet their respective obligations under this Agreement, then HTEL or MST are entitled to seek all manners of relief proportional to the damage suffered by the injured party.

  • HTEL escrowed on 9 December 1996, US$ 200,000 in cash funds and shall cause to issued into an escrow account $150,000 USD of HTEL common stock prior to 9 January 1997.

  • December 19, 1996, Budapest For and on behalf of HTEL For and on behalf of E-Net /s/ Richard L.

  • Payment shall be made by HTEL to MST in USD through a deposit of good funds in a commercial bank selected by MST against tender to such bank of the Escrow Shares by MST.

  • HTEL hereby grants to MST or its nominee, the right for MST to put (the "Put Option") all of the Escrow Shares to HTEL at a cash price of $2.50 (USD$) net per share to MST.

  • HTEL hereby grants to the owners of E-NET or its nominee, the right for the owners of E-NET to put (the "Put Option") all of the Escrow Shares to HTEL at a cash price of $150,000 (USD$) to the owners of E-NET.