Neltec definition

Neltec shall have the meaning set forth in the Recitals.
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Examples of Neltec in a sentence

  • Neltec SA shall not have any liability for income Tax attributable to Neltec SA being a member of a consolidated group with ParkNelco for the Pre-Closing Tax Period and for the Pre-Closing Straddle Period.

  • Parent shall increase the capital of Neltec SA so that (A) all intercompany payables of Neltec SA (including those owing to the other members of the Company Group) will be paid off by using the proceeds of such capital increase, (B) Neltec SA will have no accumulated losses and (C) Neltec SA will become solvent.

  • ParkNelco shall deliver evidence reasonably satisfactory to Buyer that it has complied with its obligation to inform Neltec SA’s employees in accordance with Article L23-10-1 et.

  • Between NZ Properties, Inc., an Arizona Corporation, Lessor and Neltec, Inc., a Delaware Corporation, a Wholly Owned Subsidiary of Park Electrochemical Corp., Lessee, dated November 26, 1990.

  • Buyer shall not make any election under Section 338 of the Code with respect to the acquisition of the Neltec SA Equity.

  • This Lease, dated, for reference purposes only, December 12, 1990, is made by and between NZ Properties, Inc., an Arizona Corporation (herein called "Lessor") and Neltec, Inc., a Delaware Corporation, a wholly owned subsidiary of Park Electrochemical Corporation (herein called "Lessor").

Related to Neltec

  • GVWR means gross vehicle weight rating.

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • SBI means State Bank of India (Client) having its Corporate Centre at Madame Cama Road, Nariman Point, Mumbai- 400 021 and its representative Local Head Offices/Administrative Offices/Regional Business Offices/Branches at various places across India and includes the client’s representatives, successors and assigns.

  • DTS means Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the date of such payment; and "PA" means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2B(7).

  • SBS means the New York City Department of Small Business Services.