OLOG definition
Examples of OLOG in a sentence
OLOG joins this Agreement for the limited purpose of assuring that the compensation and benefits payable by the Company to Chanter are timely and properly made.
In such case OLOG or OLII shall be entitled by notice in writing on the other parties to this Agreement not to proceed to Completion in which event this Agreement shall be of no effect and no party shall have any further liability to the other.
S.I. will provide a consignment package(s) of helicopter airframe spare parts, accessories and components to OLOG at their operating locations, as required.
Upon issuance of the OLOG Common Stock hereunder (including one Right for each Share of OLOG Common Stock), the Individual Managers will have all rights and powers and be subject to all other terms and conditions as are available and applicable to a Rights holder under the Rights Agreement and no further action on the part of OLOG is required to effect the foregoing.
The shares of OLOG Common Stock and the Rights appertaining thereto have been duly authorized for issuance and sale to the Individual Managers pursuant to this Agreement and, when issued and delivered by OLOG herein pursuant to this Agreement against payment of the consideration set forth herein, such OLOG Common Stock and Rights will be validly issued and fully paid and nonassessable; and no holder thereof will be subject to personal liability solely by reason of being such a holder.
OLOG and ▇▇▇▇ shall have no right to rescind or terminate this Agreement for breach of Warranty unless at any time after the date of this Agreement and prior to Completion there occurs any act or event constituting a material breach of Warranty at the date of this Agreement or which would constitute a material breach of Warranty if such Warranty were repeated on any day from the date of this Agreement to and including the Completion Date.
The parties proceeding to Stage One is conditional on the Underwriting Agreement having become unconditional and OLOG having received the net proceeds from the sale of OLOG Loan Stock pursuant thereto.
The Consulting Agreement dated October 7, 1994 between the Corporation and OLOG shall have been terminated and the Corporation shall have been fully released from any liabilities or obligations in connection therewith.
While the Company is not releasing any claims it may have against Chanter relating to his prior service to the Company, the Company and OLOG hereby represent to Chanter that neither the Company nor OLOG knows of or has reason to believe that the Company or OLOG has any claims against Chanter relating to his prior service to the Company.
Chanter will provide advice, assistance, consultation, ideas, assessments and evaluations as may be requested by members of the Board of Directors of OLOG ( the “Board”) insofar as they relate to the services described herein; provided, however, Chanter will not be actively involved in the management of the Company.