ICTI definition
Examples of ICTI in a sentence
Statement of Work for Secure Interworking Function CM-STS Inmarsat-B MES (Revision 3) dated March 13, 1997 between CM-STS and ICTI.
Licensee shall comply with the provisions of the International Council of Toy Industries (ICTI) Code of Business Practices in its currently effective version.
As a RIC, we generally will not be subject to corporate-level U.S. federal income tax on our ICTI and net capital gains, if any, that we distribute to our shareholders.
In the event that ICTI or any portion of the ICTI Business is sold, transferred, assigned or otherwise disposed of prior to 31 July, 2002, the Seller agrees that it will require any acquirer of ICTI or any portion of the ICTI Business to agree to the terms of this clause 6.14, and the Buyer agrees that it will provide the benefits of this clause 6.14 to such acquirer.
Such allocation shall be set forth in Schedule 2.5 and shall, for tax purposes, be binding on ICTI, the Sellers and Purchaser.
Without limiting the generality of the foregoing, and subject thereto, at the Effective Date all the property, rights, privileges, powers and franchises of ICTI shall vest in the Surviving Corporation, and all debts, liabilities and duties of ICTI shall become the debts, liabilities and duties of the Surviving Corporation.
The ICTI 401K plan shall be terminated as of the Closing Date and the Shareholders' and employees' vested benefits, at each employee's election, shall be dealt with in accordance with all Legal Requirements applicable thereto.
Except as otherwise provided in Part 13.3 of the ICTI Disclosure Schedule, ICTI is the owner of all right, title, and interest in and to each of the Copyrights, free and clear of any Encumbrances.
No Indebtedness other than the Debt may be secured (senior, subordinate or pari passu) by the Property or the direct interests in Borrower without Lender’s prior written consent, which consent may be granted or withheld in Lender’s sole and absolute discretion.
ARCOMS and Merger Sub have received ICTI Financial Statements to replace such statements previously issued in error.