NBIL definition
Examples of NBIL in a sentence
Borrower shall not directly or indirectly acquire or own, or make any Investment in or to any Person, other than its existing ownership of the capital stock of IL, NBIL, ORC and Chesapeake, and its acquisition of the capital stock of another Person in connection with a Permitted Acquisition.
In the case of any Advances under the Revolving Facility, at Bank’s election, the Bank shall have received and conducted an audit of the Collateral (including, as applicable, without limitation, the Accounts of each of Borrower, IL, NBIL, ORC and Chesapeake), the results of which shall be satisfactory to the Bank.
The Company and Representative hereby acknowledge and agree that Parent Indemnified Parties are entitled to recover as Section 7.09 Damages in respect of any Company Warranty Breach that first occurs after the date of this Agreement and has to be disclosed on the No Claims Declaration (as referred to in the AIG NBIL) delivered upon the initial binding of the R&W Policy for purposes of this Section 7.09(d) and all purposes of Article 10.
Subordinating Creditor or Borrower will provide the following legend, properly completed, on each instrument representing the Subordinated Debt: The rights of the holder hereof are subordinate and inferior and subject to the rights of Cardinal Bank (Lender) under a Debt Subordination Agreement among Lender, ▇▇▇ ▇▇▇▇ (Subordinating Creditor) and WidePoint Corporation, Widepoint IL, Inc., WP NBIL, Inc., Chesapeake Government Technologies, Inc., Operational Research Consultants, Inc.
A promissory note or other agreement, dated August 16, 2007, from WidePoint Corporation, Widepoint IL, Inc., WP NBIL, Inc., Chesapeake Government Technologies, Inc.