RNET definition

RNET means The Recovery Network, Inc., a Colorado corporation, and any Affiliated Corporation.
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RNET means Rnethealth.com, Inc., a Colorado corporation, and any Affiliated Company.
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RNET or the "Company") to represent the Company, on an exclusive basis with respect to certain investors Howa▇▇ ▇▇▇ identified ("Howa▇▇'▇ ▇▇▇estors"), in connection with capital raising for RNet. Howa▇▇ ▇▇▇l act as RNet's financial advisor for a period of one year, in all negotiations leading to the possible purchase of a portion of RNet's capital stock or otherwise by Howa▇▇'▇ ▇▇▇estors (the "Transaction"). For purposes of this Letter Agreement, RNet shall be subject to a fee (the "Fee"), payable to Howa▇▇ ▇▇ the event of a Transaction with Howa▇▇'▇ ▇▇▇estors. Howa▇▇'▇ ▇▇▇estors currently include: Grad▇ & ▇atc▇; ▇▇berty Media; Geor▇▇ ▇▇▇▇▇; ▇▇me Warner; Paul ▇▇▇▇▇'▇ ▇▇▇can Venturess and the Mashantucket Pequots. Howa▇▇ ▇▇▇ RNet agree that Howa▇▇ ▇▇▇ present, in writing, additional investors to RNet for inclusion as Howa▇▇'▇ ▇▇▇estors and upon acceptance by RNet will be subject to a Fee. In November of 1998, RNet initiated discussions with Howa▇▇ ▇▇▇cerning their interest in, and their willingness, to represent RNet in the Transaction. Howa▇▇ ▇▇▇ met on several occasions with RNet, and has produced a list of Howa▇▇'▇ ▇▇▇estors for the placement of the Transaction. Howa▇▇ ▇▇▇l act as RNet's financial advisor during the period to place the equity interest in RNet with Howa▇▇'▇ ▇▇▇estors. In their capacity as financial advisor to RNet, Howa▇▇ ▇▇▇l assist, as needed in all matters necessary to result in a successful closing of the Transaction. For our services, it is agreed that RNet will pay, or cause to be paid, a cash Fee equal to the 6% (six percent) of the total consideration received by RNet and to reimburse Howa▇▇ ▇▇▇ its out-of-pocket expenses. The Fee shall be payable to Howa▇▇ ▇▇ cash upon closing of any portion of the Transaction. 2 G. H▇▇▇▇▇ ▇▇▇OCIATES, INC.
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Examples of RNET in a sentence

  • Notwithstanding the foregoing, the obligation of RNET under this Section 2(a) is subject to (i) the right of RNET or the managing underwriter, if any, to limit the number of Shares to be included in any registration hereunder if RNET or such underwriter determines in good faith that the offering of the requested number of Shares will adversely affect the market for the Common Stock and (ii) the provisions of Section 3.

  • By: -------------------------------- Its: ------------------------------- 45 The undersigned holder ("Holder") of a Promissory Note issued by The Recovery Network, Inc., a Colorado corporation ("RNET") on the date and in the principal amount indicated below hereby agrees to surrender such Promissory Note in exchange for the number of common shares ($.01 par value) of RNET set forth below ("Exchange Shares").

  • During the term of this Agreement, RNET shall not grant registration rights to any person that would allow such person to have "piggy-back" registration rights unless such rights specifically provide for Shareholder's shares of Common Stock to be included, at Shareholder's election, in the same registration statement as such person's shares and for any limitations to be imposed against such person's shares prior to limitations being imposed on Shareholders' shares.

  • Any notice required or permitted to be given under this Agreement shall be in writing and shall be given by personal delivery or by registered or certified mail, postage prepaid, addressed: If to RNET: THE RECOVERY NETWORK, INC.

  • The notice by RNET pursuant to this Section 3(a) shall be effective immediately upon receipt with respect only to resales not then completed or contractually committed to by Shareholder or any Transferee, and Shareholder or any Transferee receiving such notice shall immediately limit resales of the Shares as specified in the notice.

  • At least 30 days written notice of any event described in clause (a), (b), (e), or (f) shall be given by RNET to Option Holder.

  • Upon receipt of the settlement amounts referenced in Paragraph 1 above in the manner and method contemplated herein, THE TRUSTEE, ▇▇▇▇▇▇▇▇▇, R-NET and the R-NET COMMITTEE each acknowledge and agree that they have knowingly relinquished, waived and released any and all remedies that might otherwise be available to them for the matters or transactions that are the subject of this Settlement Agreement.

  • The IRS withdraws the Tax Claim, the Tax Claim is expunged and/or the Tax Claim is resolved without any payment being required from ▇▇▇▇▇▇▇▇▇ or R-NET.

  • RNET and Guarantee are desirous of extending the time for each party to comply with their respective obligations under the Subscription Agreement and Funds Escrow Agreement.

  • R-NET's general unsecured claim against CORAM shall be fixed and allowed in the total amount of seven million nine hundred fifty thousand dollars ($7,950,000.00) (the "R-NET Settlement Amount").