Texcan definition

Texcan means, collectively, Texcan Cables, Inc., a Nevada corporation, Texcan Cables International, Inc., a Nevada corporation and Texcan Cables Limited, a Canadian corporation. "Texcan Acquisition" means the acquisition of all or substantially all of the assets of Texcan by Anicom Canada on September 21, 1998 pursuant to that certain Asset Purchase Agreement dated as of September 21, 1998 between the Company, Anicom Canada and Texcan. "Total Capitalization" means the sum of Total Funded Debt and Shareholders' Equity. "Total Funded Debt" means, at any time the same is to be determined, the aggregate of all Indebtedness for Borrowed Money of the Company and its Subsidiaries at such time, plus all Indebtedness for Borrowed Money of any other Person which is directly or indirectly guaranteed by the Company or any of its Subsidiaries or which the Company or any of its Subsidiaries has agreed (contingently or otherwise) to purchase or otherwise acquire or in respect of which the Company or any of its Subsidiaries has otherwise assured a creditor against loss. "Unfunded Vested Liabilities" means, for any Plan at any time, the amount (if any) by which the present value of all vested nonforfeitable accrued benefits under such Plan exceeds the fair market value of all Plan assets allocable to such benefits, all determined as of the then most recent
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Texcan means, collectively, Texcan Cables, Inc., a Nevada corporation, Texcan Cables International, Inc., a Nevada corporation and Texcan Cables Limited, a Canadian corporation.
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Texcan means Texcan Cables Limited;
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Examples of Texcan in a sentence

  • In the event that Anicom hereafter grants more favorable "piggyback" registration rights to another shareholder prior to the Superior Rights Date, Anicom shall automatically be deemed to have granted comparable registration rights to the Texcan Entities and their Permitted Transferees hereunder.

  • The obligations of the Texcan Entities (and their Permitted Transferees) and Anicom to contribute as provided in this subparagraph (e) are several in proportion to the relative value of their respective Registrable Securities covered by such registration statement and not joint.

  • Minimum requirements are four semesters of full-time graduate instruction, including a substantial thesis concerned with engineering analysis, engineering design, or construction of a nuclear facility or device.

  • Anicom hereby agrees that it will not grant any more favorable "piggyback" registration rights to another shareholder on or before the earlier of (i) September 21, 2001 or (ii) the date on which the aggregate number of Anicom Preferred Shares owned or held by one or more of the Texcan Entities and the Permitted Transferees thereof collectively represent less than 1.8% of the outstanding shares of Anicom common stock, on an as-converted basis (the "Superior Rights Date").

  • In no event shall any of the Texcan Entities nor any Permitted Transferee thereof be obligated to contribute under this Section 2.6(e) an amount in excess of the dollar amount of the proceeds of the Registrable Securities sold by any such Texcan Entity or any such Permitted Transferee pursuant to the registration statement giving rise to such damages.

  • Such indemnity shall remain in full force and effect, regardless of any investigation made by or on behalf of any Texcan Party and shall survive the transfer of such securities by the Texcan Entities and their Permitted Transferees.

  • Anicom represents and warrants to the Texcan Entities that, except for with respect to the limitations set forth in clause (2) of Section 2.2(b) and in the last clause of the last sentence in Section 2.2(b) above, no shareholder of Anicom has "piggyback" registration rights more favorable than the rights granted to the Texcan Entities under this Agreement.

  • The Texcan Entities' rights to register the Registerable Securities hereunder shall be pari passu with all such rights currently held by other shareholders of Anicom.

  • Anicom acknowledges and agrees that monetary damages would be inadequate to compensate the Texcan Entities for the breach of any of Anicom's obligations contained in this Agreement and that the Texcan Entities would be seriously and irreparably injured if any provision of this Agreement is not performed by Anicom in accordance with the specific terms and conditions of this Agreement.

  • If Anicom, at any time before the Termination Date, proposes to register securities under the Securities Act by registration on Forms ▇-▇, ▇-▇ or S-3 or any successor or similar form(s) (but excluding registrations on Forms S-4 or S-8 or, any successor or similar forms), whether for sale for its own account or pursuant to a demand for registration granted to any other party, Anicom will give written notice each such time to the Texcan Entities and any Permitted Transferees of its intention to do so.


More Definitions of Texcan

Texcan means, collectively, Texcan Cables, Inc., a Nevada corporation, Texcan Cables International, Inc., a Nevada corporation and Texcan Cables Limited, a Canadian corporation. "Texcan Acquisition" means the acquisition of all or substantially all of the assets of Texcan by Anicom Canada on September 21, 1998 pursuant to that certain Asset Purchase Agreement dated as of September 21, 1998 between the Company, Anicom Canada and Texcan. "Total Capitalization" means the sum of Total Funded Debt and Shareholders' Equity.
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