Examples of Propel in a sentence
Each of Motorola and Propel further waives any objection to the laying of venue for any suit, action or proceeding in such courts.
In the event a Dispute under this Agreement is to be submitted to judicial proceedings, each of Motorola and Propel consents to the exclusive jurisdiction of the federal or state courts of Illinois for any such legal action, suit or proceeding and agrees that any such action, suit, or proceeding may be brought only in such courts.
Upon a unanimous vote, Steering Committee decisions will be binding on Motorola and on Propel.
Thereafter, Motorola and Propel will, to the extent practicable, honor the other's reasonable objections to any replacements of Steering Committee members.
Nothing in this paragraph shall prevent either Motorola or Propel from commencing formal litigation proceedings if (i) good faith efforts to resolve the Dispute under these procedures have been unsuccessful, or (ii) any delay resulting from efforts to mediate such dispute could result in serious and irreparable injury to either Motorola or Propel.
The Steering Committee will have two members, one of which will be appointed by Motorola and one of which will be appointed by Propel.
The Borrower shall cause each of its Restricted Subsidiaries (other than the Excluded Subsidiaries, Immaterial Subsidiaries and each member of the Propel Group) to guarantee pursuant to the Guaranty Agreement or supplement thereto (or, in the case of a Foreign Subsidiary, any other guaranty agreement requested by the Administrative Agent) the Secured Obligations.
Propel Acquisition LLC Delaware 100% owned by the Borrower Midland India LLC Minnesota 100% owned by Midland International LLC Midland Funding LLC Delaware 100% owned by Midland Portfolio Services, Inc.
INVESTORS: PLACID VENTURES, L.P. By: Propel Corp., its general partner By: /s/ Xxxxx X.
In furtherance thereof, in the event of any dispute or disagreement between Motorola and Propel as to the interpretation of any provision of this Agreement executed in connection herewith (or the performance of obligations hereunder or thereunder), the matter, upon written request of either party, will be referred for resolution to a steering committee established pursuant to the Separation Agreement (the "Steering Committee").