PSDI definition
Examples of PSDI in a sentence
All negotiations relating to this Agreement and the transactions contemplated hereby have been carried on without the intervention of any person acting on behalf of PSDI in such manner as to give rise to any valid claim against the Company for any broker's or finder's fee or similar compensation in connection with the transactions contemplated by this Agreement.
This Agreement constitutes a valid and binding obligation of PSDI, enforceable in accordance with its terms.
The global indexes are referred to as the Global Severity Index (GSI), Positive Symptom Distress Index (PSDI), and Positive Symptom Total (PST).
Except for the parties to this Agreement, the Stockholders and the PSDI Indemnified Parties, this Escrow Agreement is not intended to confer on any person not a party hereto any rights or remedies hereunder.
Grainger shall, upon delivery of the Exercise Notice and tender of the applicable aggregate Exercise Price (as defined below), immediately be deemed to be the holder of record of the shares of MRO Common Stock issuable upon such exercise, notwithstanding that the stock transfer books of PSDI shall then be closed or that certificates representing such shares of MRO Common Stock shall not theretofore have been delivered to Grainger.
For the removal of doubt, PSDI Claims relating to Taxes shall be aggregated with all other PSDI Claims for purposes of the determination of whether PSDI Claims exceed US$150,000.
Until the expiration of the Exercise Period or until such time (if any) as Grainger shall have exercised the MRO Option, whichever is earlier, MRO and its subsidiaries shall be the primary entities through which PSDI engages in the Internet Procurement Business, and a majority of the Internet Procurement Business of PSDI shall be conducted by or through MRO and its subsidiaries.
PSDI agrees that (a) it shall file with the Securities and Exchange Commission in a timely manner all reports and other documents required of PSDI under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended; and (b) PSDI shall otherwise reasonably cooperate with the Principal Stockholders to permit them to effect resales of the PSDI Shares in accordance with Securities and Exchange Commission Rule 144 (or other applicable exemptive rules).
The PSDI Indemnified Parties shall be entitled to payment from the Escrow Amount in the amount by which, at any time and from time to time, the PSDI Indemnified Parties are entitled to be indemnified pursuant to the Indemnities, and pursuant to the following provisions.
Because the Principal Stockholders and the other parties hereto hereby agree that the Loss and Expense (as hereinafter defined) suffered by PSDI in the event of such a termination of employment would be impossible to calculate they hereby further agree to fix such Loss and Expense as a liquidated amount for each Principal Stockholder as follows: Step▇▇▇ ▇.