LPEC definition
Examples of LPEC in a sentence
The Licensed Personnel Evaluation Council (LPEC) was established in 1991 to study, provide oversight, evaluate, address concerns, and develop specific recommendations for improving the District evaluation policy and procedure.
LPEC will be co-chaired by the chief administrative officer of human resources (HR) or designee and the President of the Association or designee.
LPEC will be co-chaired by the chief administrative officer of human resources (HR) or designee and the president of the Association or designee.
On and after the CCTV/LPEC Merger Date, any and all Loan Documents which at any time have been or are executed in the name of CCTV or LPEC, respectively, shall be deemed to be the act of Ultrak.
This Agreement evidences a revolving credit facility providing for several revolving loans to each of Ultrak, LPEC, CCTV and DVDI, respectively, on the terms set forth below.
Ultrak represents that all Collateral previously owned by CCTV and LPEC, respectively, prior to the CCTV/LPEC Merger Date is now owned by Ultrak, subject to Lender's interests under the Financing and Security Agreement.
All obligations of the Company under (a) that certain Loan Agreement, dated June 15, 1992 amount the Company, LPEC, CCTV, and American Federal Bank, F.S.B., as the same may be amended from time to time, and any refinancing, refunding, or replacements of the indebtedness thereunder and (b) that certain Loan and Security Agreement, dated as of July 1, 1992, between Exxis and Transamerica Commercial Finance Corporation.
The Company has no Subsidiaries or debt or equity investment in any Person other than LPEC, ETI, and CCTV.
Subsequent to execution of the Financing and Security Agreement, CCTV and LPEC were merged into Ultrak.
Wherever used in this Agreement, the term "Borrower" separately and severally means each of Ultrak, LPEC, CCTV and DVDI, respectively, and the term "Borrowers" collectively means all of Ultrak, LPEC, CCTV and DVDI together.