Peerless Chain definition
Examples of Peerless Chain in a sentence
This Note is given pursuant to that certain Stock Purchase Agreement dated November 22, 1995 (as amended, the "Purchase Agreement") by and between Buyer and Seller for the sale of all of the outstanding capital stock of Peerless Chain Company (the "Company"), a Minnesota corporation, by Seller to Buyer, and as partial payment of the Purchase Price (as defined in the Purchase Agreement).
At or before the Effective Time, Parent and Purchaser shall cause to be prepaid all amounts outstanding under that certain Redemption Note dated December 13, 1995, made by Peerless Chain Company in favor of Bridgewater Resources Corp.
At the Effective Time, the Parent shall cause the Company, as the surviving corporation in the Merger, and Peerless Chain Company, the Company's operating subsidiary, to enter into a consulting agreement with ▇▇▇▇▇▇▇ ▇.
FIRST, the Company and its subsidiary Peerless Chain of Iowa, Inc., an Iowa corporation (the "Subsidiary") are primarily engaged in the business of the manufacture and distribution of chain, traction and wire form products (the "Business").
The Company shall have caused Peerless Chain Company to have entered into employment agreements with each of its management employees which contain terms and conditions that are satisfactory to the Purchaser in its sole and absolute discretion.
Peerless Chain Company ("PCC") (together with its subsidiary Peerless Chain of Iowa, Inc.
No material portion of the businesses of Borrower or Peerless Chain consists of the production or sale of armaments.
By ▇▇▇▇▇▇▇ ▇▇▇▇ Title Vice President IRREVOCABLE POWER OF ATTORNEY Peerless Chain Company (herein "PCC") and Peerless Chain of Iowa, Inc.