Proler definition

Proler means Proler Southwest, Inc., a Texas corporation.
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Proler that Schnitzer (1) waives the "Offer Conditions" (as such term is defined in Annex A to the Agreement) set forth in Section 2(vi) and (viii) of Annex A, (2) waives the "Offer Condition" set forth in Section 2(ix) of Annex A with respect to all conditions in existence as of this date, (3) waives the condition set forth in Section 5.1.4 of the Agreement, (4) waives its right to terminate the Agreement pursuant to Section 6.2.1 for breaches by Proler of any of its representations or warranties in the Agreement, and (5) waives its right to terminate the Agreement pursuant to Section 6.2.1 for any defaults by Proler to date in its observance or performance of any of its covenants or agreements under the Agreement; PROVIDED, HOWEVER, that Schnitzer's waiver of said conditions and termination rights is contingent upon the determination by Proler's board of directors that Schnitzer's offer to purchase Proler's common stock, with the waiver of the foregoing conditions, is superior to the offer made by ▇▇▇▇ ▇▇▇ Corporation ("▇▇▇▇ ▇▇▇"), as amended by ▇▇▇▇ ▇▇▇'▇ letter to Proler dated November 13, 1996.
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Proler means Proler Southwest, Inc., a Texas corporation, and a debtor and debtor-in-possession in a Case. PROPORTIONATE SHARE of a Lender means a fraction, expressed as a percentage, obtained by dividing its Commitment by the Line of Credit or, if the Commitments are terminated, by dividing its then outstanding Revolving Loans and Letter of Credit participations by the then outstanding aggregate Revolving Loans and Letter of Credit Obligations.
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Examples of Proler in a sentence

  • In addition, a new entity, Proler International Corp., a Delaware corporation, has been formed.

  • Colorado N/A Proler Southwest LP Texas N/A Metal Dynamics Detroit LLC Delaware N/A Sims Recycling Solutions Holdings Inc.

  • N/A Colorado Proler Southwest LP N/A Texas Metal Dynamics Detroit LLC N/A Delaware Sims Recycling Solutions Holdings Inc.

  • The new entity, Proler International Corp., owns all of the issued and outstanding shares of two newly formed corporations, Proler Steel, Inc., a Delaware corporation, and Proler Industries, Inc., a Delaware corporation.

  • In consideration of the foregoing and the mutual covenants and premises herein contained, Proler International Corp.

  • Colorado N/A Proler Southwest LP Texas N/A Metal Dynamics Detroit LLC Delaware N/A Key Terms Schedule Facility Available.

  • International shall not incur Consolidated Capital Expenditures (exclusive of (A) any Consolidated Capital Expenditures attributable to capital expenditures made by International or Proler Environmental Services, Inc.

  • The Bank hereby agrees to promptly release the Liens under the Security Documents on all property and assets of Proler Environmental Services, Inc., but not any other Credit Parties, to the extent but only to the extent of any project financed by Indebtedness permitted by SECTION 7.02(D), but not otherwise.

  • All notices, consents, requests, approvals, demands and other communications (collectively, "COMMUNICATIONS") provided for herein and in the other Loan Documents shall be in writing (including telecopied communications) and mailed, telecopied or delivered as follows: if to International or any other Credit Party to, or in care of-- Proler International Corp.

  • Notices or demands authorized by this Agreement to be given or made by the Rights Agent or by the holder of any Rights Certificate to or on the Company shall be sufficiently given or made if sent by first-class mail, postage prepaid, addressed (until another address is filed in writing with the Rights Agent) as follows: Proler International Corp.

Related to Proler

  • Preschooler means a child age two through four years old.

  • Roomer means a person occupying a dwelling unit that lacks a major bathroom or kitchen facility, in a structure where one or more major facilities are used in common by occupants of the dwelling unit and other dwelling units. Major facility in the case of a bathroom means toilet, or either a bath or shower, and in the case of a kitchen means refrigerator, stove or sink.

  • Seaplane means a fixed wing aircraft which is designed for taking off and landing on water and includes amphibians operated as seaplanes;

  • SORA means, in respect of any Singapore Business Day “i”, a reference rate equal to the daily Singapore Overnight Rate Average published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website currently at http://www.mas.gov.sg, or any successor website officially designated by the Monetary Authority of Singapore (or as published by its authorised distributors) (the “Relevant Screen Page”) on the Singapore Business Day immediately following such Singapore Business Day “i”; and

  • glider means a non-power-driven heavier-than-air aircraft, deriving its lift in flight chiefly from aerodynamic reactions on surfaces, which remain fixed under given conditions of flight;