IBM STG definition

IBM STG means the IBM Systems & Technology Group of International Business Machines Corporation or, after notice from Borrower to the Administrative Agent, any successor group, department or affiliate which becomes bound by the IBM STG Contract.
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Examples of IBM STG in a sentence

  • Borrower shall furnish to the Administrative Agent, within seventeen (17) days after the end of each month, each of the following, certified by an Authorized Representative: (i) a completed borrowing base certificate in the form attached hereto as Exhibit C, and (ii) an accounts receivable aging report listing billed and unbilled accounts receivable separately and dividing the latter into those where IBM STG is the account debtor and those where it is not.

  • The Borrower will maintain, as of the end of any fiscal quarter ending during each period described below, its ratio of (i) (A) total Funded Indebtedness outstanding at the end of such fiscal quarter, less (B) IBM STG Eligible Indebtedness, to (ii) EBITDA for the four (4) fiscal quarters ending on such date taken as one accounting period ("Leverage Ratio"), at not more than the ratio set forth opposite such period.

  • Borrower shall furnish such detail, and supporting documentation, with respect to IBM STG Receivables and IBM STG Indebtedness as the Administrative Agent shall from time to time request.

Related to IBM STG

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

  • non-central item means any item which is not in italics in this Collective Agreement.

  • Independent Software Vendor or “ISV” means a Person that makes available to Participants and Authorized Traders a system or platform offering smart order routing, front-end trading applications, an aggregation platform or a combination of the foregoing but that does not provide Participants or Authorized Traders with the ability to effect transactions other than through the Trading System.

  • Fire alarm system means a system designed to detect and annunciate the presence of fire, or by-products of fire. Fire alarm system includes smoke detectors.

  • Supplier Operations means all assets, processes and systems (including information systems), data (including Customer data), personnel, and sites, used or processed by Supplier from time to time in the performance of this Agreement.