QSV definition
Examples of QSV in a sentence
Executive shall be entitled to continue to serve as a director and officer of QSV Properties, Inc.
GE will determine if such QSV is required based on an evaluation of the operating parameters of the Engine and other technical considerations.
Added Engines that have undergone a shop visit are eligible for Supplemental Services as of the date of their addition to the Agreement and are eligible for Rate Per EFH Services either as of the date of the completion of the QSV or, the date of their addition to the Agreement if no QSV is necessary.
Engines that have previously and exclusively been maintained off wing by GE or one of its repair stations pursuant to a maintenance or repair service agreement will not require a QSV.
Any Used Engines covered under this Agreement are eligible for Supplemental Services as of the Commencement Date and are eligible for Rate Per EFH Services either as of the date of the completion of a Qualifying Shop Visit (“QSV”) or, if GE has determined that a QSV is not necessary, as of the Commencement Date.
QSV is acquiring the Acquisition Shares for investment and not with a view toward, or for sale in connection with, any distribution thereof, nor with any present intention of distributing or selling the Acquisition Shares within the meaning of the Securities Act of 1933, as amended.
The number of Initial Shares issuable to QSV, including the number of shares of Common Stock or Units issuable to QSV upon its conversion of the USRP Interest, shall be subject to adjustment to give effect to certain dilutive events, as more fully described below.
The number of Initial Shares issuable upon the conversion or assignment of the General Partner Interest shall consist of 850,000 Units or OP Units minus the number of shares of Common Stock or Units (on a one-for-one basis) received by QSV in connection with the conversion of the USRP Interest upon its withdrawal as managing general partner of USRP.
This Agreement has been duly executed and delivered by QSV and constitutes the valid and binding agreement of QSV, enforceable against it in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the application of general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law).
In exchange for the Conversion of the Rights, as provided for above, and the conversion of the QSV's Partnership Interest, in the event QSV elects to effect the Conversion, QSV will receive the "Acquisition Price," consisting of (a) the Initial Unit Consideration and (b) the Contingent Unit Consideration.