OMPC-NC definition

OMPC-NC means Oneida Molded Plastics, Corp. of North Carolina, a North Carolina corporation, and its successors and assigns.
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Examples of OMPC-NC in a sentence

  • Borrowers and ORC, as the surviving corporation of the OMPC-NC Merger, shall execute and deliver such additional documents and take such additional action as may be reasonably requested by Lender to effectuate the provisions and purposes of this Amendment.

  • Effective upon consummation of the OMPC-NC Merger, Section 3.1(a) of the Loan Agreement is hereby amended by deleting the amount "$2,200,000" appearing in clause (B)(1) of Section 3.1(a)(ii) and substituting therefor the amount "$3,000,000", replacing the word "or" appearing at the end of Section 3.1(a)(ii) with the word "less", deleting Section 3.1(a)(iii) in its entirety, and renumbering Section 3.1(a)(iv) to be Section 3.1(a)(iii).

  • Effective upon consummation of the OMPC-NC Merger, all references to the term "ORC" contained herein and in the Loan Agreement and the other Financing Agreements are hereby amended to mean Oneida Rostone Corp., as successor of the merger of OMPC-NC with and into Oneida Rostone Corp., with Oneida Rostone Corp.

  • Effective upon consummation of the OMPC-NC Merger, all references to "Borrower" or "Borrowers" and to "Debtor" or "Debtors" or words of similar import contained in the Loan Agreement and the other Financing Agreements are hereby amended to mean only ORC, as the surviving corporation of the OMPC-NC Merger.

  • The OMPC-NC Term Loan is (a) evidenced by the Amended and Restated OMPC-NC Term Note in such original principal amount duly executed and delivered by OMPC-NC to Lender concurrently herewith; (b) to be repaid, together with interest and other amounts, in accordance with this Agreement, the Amended and Restated OMPC-NC Term Note, and the other Financing Agreements; and (c) secured by all of the Collateral.

  • Borrowers acknowledge and agree that a portion of (a) the ORC Term Loan represents the outstanding Pre- Effective Date Obligations arising under or evidenced by the Existing OMPC Term Note and (b) the OMPC-NC Term Loan represents the outstanding Pre-Effective Date Obligations arising under or evidenced by the Existing OMPC-NC Term Note.