Sav Max definition

Sav Max means Sav Max Foods, Inc., a California corporation.
Sav Max is added to read as follows:

Examples of Sav Max in a sentence

  • Sav Max will not, and Xxxx will -------------------------- cause Sav Max not to, make any payment or distribution to Xxxx, any officer, director or shareholder of Sav Max, any family member of, associate of, or entity affiliated with any such person except as is expressly permitted by this Agreement or the agreements referred to herein and except for a continuation of the presently existing arrangements described on Schedule 5.2 hereto.

  • The Certified Inventory Note shall also be secured by a pledge of the stock in Sav Max owned by Xxxx pursuant to a Stock Pledge Agreement attached hereto as Exhibit C.

  • JDM Companies and Sav Max will enter into --------------------- an amendment to their existing Vending Agreement with respect to use of vending space in Sav Max in the form attached to this Agreement as Exhibit I.

  • SEQuENCE OF OPERATION WITH TANKLESS HEATERA call for heat by the thermostat energizes the HydroStat control which in turn energizes the primary control.

  • Notwithstanding the waiver by GCC set forth herein, the payments required to be made by Sav Max to GCC with respect to the redemption of the Redemption Shares and the Regular Dividends shall continue to accrue during the period that the waiver provided for herein is in effect.

  • Borrower will maintain a ratio of Consolidated EBIT to Consolidated Interest Expense, for the period of four consecutive fiscal quarters of Borrower then ended (taken as one accounting period), of not less than 2.0 to 1.0, as determined as of the end of each of Borrower’s fiscal quarters; provided, however, that such ratio shall be computed excluding gains, losses, interest and other expenses and taxes relating to Borrower’s interest in Sav Max Foods, Inc.

  • Upon the occurrence of a "Designated Event of Default" ------------ under this Agreement, Sav Max and Xxxx agree, subject to the terms hereof, at the request of Certified, to take all necessary action to cause a sale of the business of Sav Max to a third party (the "Neutral Sale").

  • Sav Max shall cause such dividends and mandatory redemptions to be paid to the full extent permitted by law.

  • In the event that the Borrower acquires any additional Subsidiary with assets in excess of $30,000, or any existing Subsidiary acquires total assets in excess of $30,000, the Borrower shall cause such Subsidiary to execute a Guaranty; provided, however, that in the event that the Borrower directly or indirectly through Crown Grocers acquires Sav Max as a Subsidiary, Sav Max shall not be required to execute a Guaranty.

  • This Agreement shall be binding on ---------------------- and inure to the benefit of Sav Max, Xxxx, Certified and GCC and their respective heirs, representatives, successors and assigns.

Related to Sav Max

  • Alloy means a metal consisting of a mixture of a basic metallic element and one or more metallic, or non-metallic, alloying elements.

  • X-ray tube means any electron tube which is designed to be used primarily for the production of X-rays.

  • MVAR means megavolt ampere of reactive power.

  • EP1 means the Exercise Price in effect immediately prior to such issue of Additional Shares of Common Stock;

  • Shellfish means those species of marine and freshwater

  • Class I renewable energy means electric energy produced from

  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

  • Torso line means the centreline of the probe of the 3-D H machine with the probe in the fully rearward position;

  • CM means City Manager of COE appointed in terms of Section 82 of the Local Government: Municipal Structures Act 117 of 1998

  • Class II renewable energy means electric energy produced at a

  • Tree means any object of natural growth.

  • Model 2 seller means a seller registered under the agreement that:

  • Touch-up coating means a coating used to cover minor coating imperfections appearing after the main coating operation.

  • Copper Loop A stand-alone Local Loop comprised entirely of copper wire or copper cable. Copper Loops include two-wire and four-wire analog voice-grade Copper Loops, digital Copper Loops (e.g., DS0s and Integrated Services Digital Network lines), as well as two-wire and four-wire Copper Loops conditioned to transmit the digital signals needed to provide digital subscriber line services, regardless of whether the Copper Loops are in service or held as spares. A Copper Loop includes attached electronics using Time Division Multiplexing (TDM) technology, but does not include packet, cell or frame switching capabilities.

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • MTM means the Secured Party's Exposure for that Valuation Date. "Volatility Buffer" means (a) if, on the date of determination, Party A has a short-term credit rating of "A-2" by S&P and the Termination Date of the Transaction will occur in less than 5 years, 3.25%, (b) if, on the date of determination, Party A has a short-term credit rating of "A-2" by S&P and the Termination Date of the Transaction will occur in less than 10 years but more than 5 years, 4.00%, (c) if, on the date of determination, Party A has a short-term credit rating of "A-3" by S&P and the Termination Date of the Transaction will occur in less than 5 years, 4.00%, (d) if, on the date of determination, Party A has a short-term credit rating of "A-3" by S&P and the Termination Date of the Transaction will occur in less than 10 years but more than 5 years, 5.00%, (e) if, on the date of determination, Party A has a long-term credit rating of "BB+" or lower by S&P and the Termination Date of the Transaction will occur in less than 5 years, 4.50%, or (f) if, on the date of determination, Party A has a long-term credit rating of "BB+" or lower by S&P and the Termination Date of the Transaction will occur in less than 10 years but more than 5 years, 5.75%. In the event Party A elects or is required to post collateral pursuant to Part 5(f) of the Schedule due to a ratings downgrade or withdrawal by S&P, the Valuation Agent shall verify its calculation of the Secured Party's Exposure on a quarterly basis by seeking two quotations from Reference Market-makers. If two Reference Market-makers are not available to provide a quotation, then fewer than two Reference Market-makers may be used for such purpose. If no Reference Market-makers are available, then the Valuation Agent's estimates at mid-market will be used. The Valuation Agent may not obtain the quotations referred to above from the same person in excess of four times during any 12 month period. Where more than one quotation is obtained, the quotation representing the greatest amount of Exposure shall be used by the Valuation Agent. In the event the verification procedures set forth above indicate that there is a deficiency in the amount of Eligible Collateral that has been Transferred to the Secured Party, the Pledgor shall Transfer the amount of Eligible Collateral necessary to cure such deficiency to the Secured Party within three Local Business Days.

  • Dekatherm (dt) shall mean on million British Thermal Units and is synonymous to the term MMBTU.

  • breeder s right” means the right of the breeder provided for in this Convention;

  • CW means current City of Winnipeg Standard Construction Specification;

  • PMAX means the maximum generator real power output reported in MWs on a seasonal basis.

  • SFTR means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

  • Craft distillery means a distillery that pays the reduced

  • Glass cleaner means a cleaning product designed primarily for cleaning surfaces made of glass. Glass cleaner does not include products designed solely for the purpose of cleaning optical materials used in eyeglasses, photographic equipment, scientific equipment and photocopying machines.

  • X-ray high-voltage generator means a device which transforms electrical energy from the potential supplied by the x-ray control to the tube operating potential. The device may also include means for transforming alternating current to direct current, filament transformers for the x-ray tube(s), high-voltage switches, electrical protective devices, and other appropriate elements.

  • Harvest means the act of removing a marine species with the intention of not returning it to the water.