Traco definition

Traco. As defined in Section 13.1(a).
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Traco or any of its Affiliates that, during the Agreement Period (as defined in the Stockholder's Agreement, dated September 20, 1992, between Traco and the Company (the "Stockholder Agreement")), agree in writing to be bound by the provisions of the Stockholder's Agreement in accordance with the provisions of the Stockholder's Agreement (each of Traco and such Affiliates, a "Traco Stockholder," and together, the "Traco Stockholders"), if and so long as neither Traco nor any of its Affiliates has become or agreed to become the Beneficial Owner of any Common Stock other than (1) pursuant to the Securities Purchase Agreement, dated September 20, 1992, between the Company and Traco (the "Securities Purchase Agreement"), (2) during the Agreement Period under the Stockholder's Agreement, as specifically permitted by the Stockholder's Agreement, (3) pursuant to employee benefit plans of the Company or (4) as a result of a stock split, stock dividend or other distribution of any securities of the Company to its stockholders generally. Acquisition of Beneficial Ownership of Common Stock pursuant to clauses (1) through (4) above are referred to herein as "Permitted Traco Purchases." Notwithstanding the foregoing, no Person shall become an "Acquiring Person" solely as the result of an acquisition of Common Stock by the Company which, by reducing the number of shares outstanding, increases the proportionate number of shares beneficially owned by a Person to 15% or more of the Common Stock of the Company then outstanding as determined above; provided, however, that if a Person becomes the Beneficial Owner of 15% or more of the Common Stock of the Company then outstanding (as determined above) solely by reason of purchases of Common Stock by the Company and shall, after such purchases by the Company, become the Beneficial Owner of any additional shares of Common Stock by any means whatsoever, then such Person shall be deemed to be an "Acquiring Person."
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Traco means Traco Production Services, Inc., debtor in Case No. 18-50305. (eee) “Traco Available Cash” shall mean a fraction of the Total ESNA Cash equal to the
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Examples of Traco in a sentence

  • Subject to and on the terms and conditions hereof, Traco grants and transfers to Reliv, and its subsidiaries, an exclusive license to market and sell the Product in the Territory for Direct Sales.

  • Reliv represents and warrants to Traco that it has the full right and authority to enter into this Agreement with Traco, that it has the full right, power and authority to enter into this Agreement and that the execution and performance of this Agreement by Reliv will not with or without the giving of notice or the passage of time, violate or constitute a default under any contract, agreement, or commitment to which Reliv is a party or by which it is bound.

  • These General Terms and Conditions of Business (“T&C”) shall apply to any legal relations between the Traco companies mentioned at the end of this document (“TRACO”, “we”, “us”) and its customers (the “Customer”) in connection with the sale and delivery of goods and services from TRACO’s product range (the “Products” and/or the “Services”)(the Agree- ment).

  • The parties acknowledge that Traco may sell Product to a wholesaler who in turn resells the Product to an entity engaged in Direct Sales.

  • Each of the parties hereto acknowledges and agrees that the disclosure or use by a party, or such party's employees or agents, of any information which is confidential or the violation by Traco and Reliv of their respective covenants would cause irreparable harm to the other party which could not adequately be compensated for in damages.

  • You are permitted to load the Traco Systems a.s. created software (for example a server, PC, laptop, mobile or tablet) under your control.

  • Traco agrees to inspect each lot of the Product before shipment from its plant in accordance with reasonable inspection standards.

  • Section 8 of the Stockholder's Agreement provides that the Stockholder's Agreement may be amended by written agreement of Hartmarx and Traco.

  • It provides a license to use the Traco Systems a.s. created software and contains warranty information and liability disclaimers.

  • You may terminate it at any time upon written notice to Traco Systems a.s..

Related to Traco

  • NPS means nominal pipe size.

  • ABI means Anheuser-Busch InBev SA/NV, its domestic and foreign parents, predecessors, divisions, subsidiaries, affiliates, partnerships and joint ventures (excluding Crown, and, prior to the completion of the Transaction, Modelo); and all directors, officers, employees, agents, and representatives of the foregoing. The terms “parent,” “subsidiary,” “affiliate,” and “joint venture” refer to any person in which there is majority (greater than 50 percent) or total ownership or control between the company and any other person.

  • SMP : means Significant Market Power;

  • SCI has the meaning set forth with respect thereto in the preamble. ---

  • Nexus means that a partnership’s business activity is of such a degree that the state or foreign country has jurisdic- tion to impose an income tax or franchise tax measured by net income. Under Public Law 86-272, a state can’t impose an income tax or franchise tax based on net income on a partnership selling tangible personal property if the part- nership’s only activity in the state is the solicitation of or- ders, which orders are approved outside the state and are filled by delivery from a point outside the state.