TNH definition

TNH means Timber Note Holdings LLC, a Delaware limited liability company, together with its successors and permitted assigns.

Examples of TNH in a sentence

  • To receive payment of the Subsidy, the TNH is required to submit a claim (in the manner and form as directed by the CPRA) to the CPRA detailing the Participant’s actual wages paid.

  • TNH, its primary lender or another party responsible for liquidating TNH’s inventory may, however, liquidate all remaining inventory in its possession at time of termination, provided that Licensor shall be given the right of first refusal to purchase any or all of the inventory upon the same terms as TNH offers to third parties.

  • TNH desires to obtain certain rights from the Jet Drill Companies with respect to the Jet Drill Technology and the Jet Drill Companies have agreed to grant to TNH an exclusive license to use the Jet Drill Technology for the Territory.

  • With respect to the Jet Drill Technology, the license granted to TNH hereunder shall be royalty free unless and until: 1) after the date hereof, Jet Drill licenses proprietary technology from an outside source that requires a royalty payment, and 2) Jet Drill has the ability to secure a license from said outside source for the Territory, and 3) TNH desires to use said proprietary technology and agrees to pay a royalty fee to Jet Drill, then and only then, will TNH pay technology royalties.

  • The TNH will notify the CPRA of the selected Participant within five (5) Business Days of the Participant being hired.

  • TNH agrees that it will promptly report directly to a Jet Drill officer any effort by Jet Drill personnel to interfere with its pricing policies.

  • In addition, insofar as the Jet Drill Companies, jointly and severally, have or will have the authority to extend their grant of rights to use the Jet Drill Technology, whether in whole or part, to jurisdictions beyond the Territory (“Additional Jurisdictions”), the Jet Drill Companies and TNH hereby acknowledge and agree that, with prior territory-specific written approval from Jet Drill, TNH may operate in said territory-specific Additional Jurisdiction.

  • No Party makes any indemnity in the event that the Other Party is sued for anything to the TNH or Jet Drill Technology or enhancement hereunder except as specified in this Agreement, but each Party will cooperate in the event of such litigation to assist the Other Party to defend such litigation.

  • Jet Drill and TNH desire to amend and restate the Original Agreement on the terms and conditions set forth below.

  • Jet Drill and TNH desire that each of Power Hydraulics, Radial Drilling I and Radial Drilling II become parties to this Agreement.