SCII definition
Examples of SCII in a sentence
This Agreement may be amended only by a written amendment signed by both SCII and District.
The District shall reimburse SCII for 12% of the cost of the monthly water bill for the common area property.
In the event any such finders make a claim for any fee, share issuance of other compensation in connection with the transactions contemplated hereby, they shall be the sole responsibility of SCII.
The District and SCII shall maintain responsibility for operation and maintenance of their respective irrigation system components, and shall maintain such systems in good working order to ensure operating efficiency and compliance with water conservation and use requirements of the water provider.
SCII and its Subsidiaries have all material licenses, permits, orders or approvals from the Governmental Bodies required for the conduct of their businesses, and are not in material violation of any such licenses, permits, orders and approvals.
SCII and Distributor and its Subdistributors acknowledge and agree that they will cooperate and communicate with one another in good faith and in a timely and responsive manner in order to promote full compliance with the provisions of this Section 1(d) and to avoid interfering with, and to in fact maximize, their respective marketing efforts within the Territory.
Without limiting the provisions above, in the event Distributor, an SSW Subdistributor or Third-Party Subdistributor sublicenses (x) Enabling Software to any of the persons or entities in clauses (i) or (ii) above or (y) Products as Exchange Components to Exchange Customers, the percentage royalty payable to SCII pursuant to Section 6 of this Agreement shall be 100% in the case of a sublicense by Distributor or an SSW Subdistributor, and 200%, in the case of a sublicense by a Third-Party Subdistributor.
The authorized capital stock of SCII consists of 100,000,000 shares of common stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share.
Without limiting the generality of the preceding sentence, when SCII or Distributor (or any Subdistributor) is uncertain as to whether a prospective customer (whether end-user, reseller or otherwise) has a relationship that would be subject to the foregoing provisions of this Section 1(d), the party confronting such uncertainty shall make due inquiry of the other party hereunder in order to resolve such uncertainty as promptly as possible.
Neither SCII nor any of its Subsidiaries has received any notification of any asserted present or past failure by it to comply with any such applicable laws or regulations.