ONCO definition
Examples of ONCO in a sentence
ON COAST PETROLEUM COMPANY ON MARINE SERVICES COMPANY ONCO INVESTMENT COMPANY ONCO WVA, INC.
Management Company is a wholly owned subsidiary of ONCO formed for the sole purpose of acting as the employer of management personnel for ONCO.
Ranking: Senior to all classes and series of Reorganized ONCO preferred and common stock, but junior to the Silver Point Facility and all bank debt and vessel loans.
Employee shall resign as an officer of ONCO and each affiliate thereof for which he currently serves as an officer effective December 31, 2001.
Voting: Votes on all matters together with the New Common Stock on an as-converted basis; elects four of seven member Board (subject to reduction as Preferred Shares are converted to New Common Stock); has class vote as provided in Articles of Reorganized ONCO and as required by applicable law.
Employee shall not obligate the Company without the prior approval of the Chairman or President of the ONCO.
Except as set forth on Schedule 3.3, ONCO does not own, directly or indirectly, any equity interest in any other Person including any general or limited partnership interest, limited liability company interest or other form of joint venture.
Newco, ETCO, Stelco Sub and AKS Sub agree to pay to Oglebay and ONCO their share of any Minnesota taconite tax refund for production through the Effective Date.
ONCO undertakes to indemnify ROG and hold it harmless from and against any liability, claims, damages, lawsuits, costs (including reasonable attorney's fees) or judgments arising out of (i) a defect in manufacturing the Product or (ii) being a result of any breach by ONCO of any of its obligations under this Agreement.
The Company hereby agrees to continue to employ Employee until December 31, 2002, (the “Separation Date”) upon the same terms and conditions as he is currently employed; however, Employee shall resign as an officer of ONCO and each affiliate thereof for which he currently serves as an officer effective October 31, 2002.