TPIC definition
Examples of TPIC in a sentence
These courses may include, but not be limited to STCW, HAZWOPER, TPIC, first aid, radar, bridge management, fire training and safety courses.
TPIC shall timely pay all Taxes that are owed in connection with the filing of any Pre-Closing Non-Income Tax Returns.
As soon as practicable following ACTIVE/126345968.16 the establishment of such plan (the “New Plan”), the Parties shall take all actions necessary or advisable to cause the portion of the TPIC Plan assets attributable to the Business Employees to be transferred to the New Plan in a plan-to-plan transfer.
Subject to the terms and conditions set forth herein, TPIC hereby designates the Company as a buyer under the Supply Contracts and agrees that the Company shall have the right, but not the obligation, from and after the consummation of the Transaction, to purchase Products directly from the Suppliers under the Supply Contracts.
For a period of thirty (30) days following the Effective Date, TPIC shall include a hyperlink on its website, ▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, that directs to the Company’s website, which shall have been identified by the Company at least five (5) days prior to the Effective Date.
In consideration for the Shares and the fulfillment of the obligations set forth herein, on the Closing Date, CCI shall pay to CSI cash in the amount of $1.00 by wire transfer of immediately available funds to an account designated by TPIC (the “Purchase Price”).
TPIC may terminate the designation of the Company as a buyer under a Supply Contract, in the event the Company fails to materially comply with the terms and conditions of this Agreement related to such Supply Contract, by a written notice sent to the Company not less than thirty (30) days prior to the effective date of such termination.
TPIC will perform the services for the Company set forth in Exhibit B to this Agreement (collectively, the “Services”), in each case, solely with respect to the Supply Contracts, for the duration specified in Exhibit B.
TPIC shall provide the following Services for a period not to exceed 180 days from the Effective Date: Support for material ordering Assist the transactional teams at the site to have the proper tools in place to ensure they can continue to order material for globally managed items including BPA creation if needed.
For the avoidance of doubt, none of TPI, CSI or TPIC shall have any obligation to supplement or amend the TPI Disclosure Schedule following the date of this Agreement.