SWAY definition

SWAY has the meaning set forth in the preamble to this Agreement.
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SWAY. , in relation to a conductor, means the horizontal displacement of the conductor caused by wind;
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SWAY means the angular rotation of the antenna beam path in a vertical plane from the no - wind load position at a specified elevation.
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Examples of SWAY in a sentence

  • SWAY shall also be entitled, in perpetuity, to control the assertion or waiver of all privileges in connection with privileged information that relates solely to the subject matter of any claims constituting SWAY Liabilities, now pending or which may be asserted in the future, in any lawsuits or other proceedings initiated by or against any member of the SWAY Group, whether or not the privileged information is in the possession of or under the control of STWD or SWAY.

  • On or prior to the Distribution Date, SWAY shall enter into a management agreement with the SWAY Manager (the “SWAY Management Agreement”) substantially in the form filed by SWAY with the SEC as an exhibit to the Registration Statement.

  • All such SWAY Common Shares to be so distributed shall be distributed as uncertificated shares registered in book-entry form through the direct registration system.

  • Fractional SWAY Common Shares will not be distributed in the Distribution nor credited to book-entry accounts.

  • All of the SWAY Common Shares distributed in the Distribution will be validly issued, fully paid and non-assessable.

  • Neither the Distribution Agent nor the selected broker-dealers will be Affiliates of STWD or SWAY.

  • Subject to Section 2.1 and Section 2.2(b), STWD and SWAY agree to take all actions necessary so that, immediately prior to the Effective Time, (i) the SWAY Group will own, to the extent it does not already own, all of the SWAY Assets and none of the STWD Assets, and (ii) the SWAY Group will assume, to the extent it is not already liable for, all SWAY Liabilities.

  • An applicable withholding agent may collect the deducted or withheld amounts by reducing to cash a sufficient portion of the SWAY Common Shares that a Person would otherwise receive, and may require that such Person bear the brokerage or other costs from this withholding procedure.

  • Subject to Section 5.1, on or prior to the Distribution Date, STWD will authorize the Distribution Agent, for the benefit of holders of record of STWD Common Stock at the close of business on the Record Date (the “Record Holders”), to effect the book-entry transfer of all outstanding SWAY Common Shares and will instruct the Distribution Agent to effect the Distribution at the Effective Time in the manner set forth in Section 4.3.

  • Prior to the Distribution Date, SWAY shall issue to STWD as a stock dividend such number of SWAY Common Shares (or STWD and SWAY shall take or cause to be taken such other appropriate actions to ensure that STWD has the requisite number of SWAY Common Shares) as may be required to effect the Distribution.