Landair definition

Landair has merged into Borrower by means of a statutory short-form merger (the "Merger") under Tennessee law, with Borrower being the surviving corporation in the Merger.
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Examples of Landair in a sentence

  • While any of the Indebtedness is outstanding, Landair Corporation will maintain (on a consolidated basis) a ratio of Adjusted Funded Debt to earnings before interest, taxes, depreciation, amortization and rents ("EBITDAR") of no greater than 3.0 to 1.0, calculated on an annualized rolling four fiscal quarter basis and measured at the end of each fiscal quarter commencing December 31, 1998.

  • The parties agree that the existing emergency generator owned by Landair shall continue to provide emergency backup services to operations at the Greeneville facility.

  • The parties agree that the Landair data described on Attachment C which prior to the effective date of this Agreement resided on the AS400, and in various storage files, has been removed by Landair.

  • Notices shall be sent to the appropriate party at its address or facsimile number given below (or at such other address or facsimile number for such party or other person as shall be specified by notice given hereunder): If to Provider to: If to Recipient to: Forward Air Corporation Landair Corporation Attention: General Counsel Attention: General Counsel 430 ▇▇▇▇▇▇▇ ▇▇▇▇ 430 Airport Road P.O. ▇▇▇ ▇▇▇▇ ▇.▇.

  • Forward Air understands that the generator is an emergency backup system and that the use of its services is not a guarantee of service by Landair and, as more completely described in the Original Agreement, that Landair shall have no liability in the event the generator shall fail or shall cause damage or injury to Forward Air, its systems or its employees.

  • Any Services to be provided hereunder that were not heretofore provided by FAF or Landair Corporation, as the case may be, shall be provided on a reasonably timely basis.

  • In carrying out the provisions of this Agreement, FAF and Landair Corporation are and shall be deemed to be for all purposes, separate and independent entities.

  • While any of the Indebtedness is outstanding, Landair Corporation will maintain (on a consolidated basis) at all times a Tangible Net Worth equal to $39,000,000 commencing September 30, 1998.

  • While any of the Indebtedness is outstanding, Landair Corporation will maintain (on a consolidated basis) a ratio of earnings (before interest and rent expense and taxes) to interest and rent expense, of no less than 2.0 to 1.0, calculated on an annualized rolling four fiscal quarter basis and measured at the end of each fiscal quarter commencing December 31, 1998.

  • Landair understands that the continued use of or access to Forward Air systems is not a guarantee of service by Forward Air and, as more completely described in the Original Agreement, that Forward Air shall have no liability in the event that Forward Air shall fail or that such failure shall cause damage or injury to Landair, its systems or its employees.

Related to Landair

  • Growler means any fillable, sealable container complying with federal law.

  • Estuary means a semi-enclosed, naturally existing coastal body of water which has a free connection with the open sea and within which seawater is measurably diluted with fresh water derived from riverine systems. [Section 373.403(15), F.S.]

  • Ward means an individual for whom a guardian is appointed.

  • Forestland means land primarily devoted to growing trees

  • Forest means an area of land defined by the minimum values for area size, tree crown cover or an equivalent stocking level, and potential tree height at maturity at the place of growth of the trees as specified for each Member State in Annex II. It includes areas with trees, including groups of growing, young, natural trees, or plantations that have yet to reach the minimum values for tree crown cover or an equivalent stocking level or minimum tree height as specified in Annex II, including any area that normally forms part of the forest area but on which there are temporarily no trees as a result of human intervention, such as harvesting, or as a result of natural causes, but which area can be expected to revert to forest;