TRIN definition
Examples of TRIN in a sentence
The Parties agree that the operations of EW involves changes within the operations and other potential future financing requirements over and above what is currently contemplated as of the date of execution; notwithstanding, based upon TRIN's current information of the operating and expansion requirements of EW under this Agreement, TRIN contemplates the costs of operations, and thus payments to EW under this Agreement, consistent with the Use of Funds Schedule.
Basis of stock swap ratio: TRIN and EW will commission an independent appraisal company to conduct an appraisal for the purpose of determining the stock swap ratio.
EW shall provide TRIN with a value at least $5M net worth of assets acceptable by TRIN after repayment of all outstanding debts.
At Closing TRIN shall acquire a majority voting interest of CHIT of Eighty percent (80%), and CHIT shall cause to be assigned and transferred to TRIN an interest no less than a majority voting interest of CHIT subject to anti-dilution provisions herein.
All salaries and benefit packages must be approved by the Board of Directors for TRIN and conform to TRIN standards.
Method > TRIN and EW will conduct a stock swap as a result of which EW will become a wholly-owned subsidiary of TRIN and TRIN will become the full parent company.
If, however, as much as 25% of the required financing has been procured, then EW and TRIN shall determine, on the basis of a trajectory of financing, the extra required time needed to complete financing, prior to funds being released to EW.
The Trinergy Share Recipients convey the EW Shares to TRIN pursuant to Stock Swap Agreement.
Justice Court Inc., Denso Sales Canada Inc., File No. CV- Tokai Rika Co., Ltd., TRAM, 12-449233- Inc., TRMI, Inc., TRIN, Inc., 00CP Calsonic Kansei Corporation, Calsonic Kansei North America, Inc., Sumitomo Electric Industries Ltd., Sumitomo Wiring Systems Ltd., Sumitomo Electric Wiring Systems Inc., Sumitomo Electric Wintec America, Inc., Sumitomo Wiring Systems (U.S.A.) Inc., K&S Wiring Systems, Inc., Alps Electric Co., Ltd., Alps Electric (North America), Inc., and Alps Automotive Inc.
Shares for Merger: EW will be issued shares equivalent to $10 per shares of TRIN based on the agreed upon equity valuation from unaudited or audited financials.