USIS definition
Examples of USIS in a sentence
YOU AND EACH AND EVERY SIGNER OF THIS AGREEMENT SEVERALLY REPRESENTS AND WARRANTS THAT YOU HAVE RECEIVED A COPY OF USI'S FRANCHISE DISCLOSURE DOCUMENT, WHICH INCLUDED A COPY OF THE FORM OF THIS AGREEMENT, AND YOU HAD THE OPPORTUNITY TO SUBMIT IT FOR PROFESSIONAL REVIEW AND ADVICE OF YOUR CHOOSING PRIOR TO FREELY EXECUTING THIS AGREEMENT.
Each Subsidiary of the Borrower, other than USIS, to be a Wholly Owned Subsidiary of USIS, except as set forth on Schedule 7.11(b).
USIS, Seller and Buyer hereby consent to the pledge of the Pledged Shares by Buyer as required pursuant to the Note.
SIEBELNET AGREES THAT USI'S LIABILITY UNDER THIS AGREEMENT TO SIEBELNET WHICH ARISES SOLELY IN CONNECTION WITH AN ACTION BROUGHT BY A USER AGAINST SIEBELNET PURSUANT TO A USER AGREEMENT SHALL NOT EXCEED THE AMOUNT BY WHICH SIEBELNET'S LIABILITY TO SUCH USER IS ENFORCEABLY LIMITED PURSUANT TO SUCH USER AGREEMENT, PLUS ANY ASSOCIATED FEES AND COSTS REASONABLY INCURRED BY SIEBEL IN DEFENSE OF SUCH USER CLAIM.
USIS agrees to pay the USIS Collateral directly to Escrow Agent for the benefit of Deere Park.
USIS acknowledges and agrees to the terms and conditions of this Agreement and further agrees to effectuate the terms and conditions of this Agreement and all matters in connection with the Pledged Shares including, but not limited to, the transfer of shares in accordance with the terms hereof.
As used herein, the Pledged Securities and the USIS Collateral shall be referred to collectively as (the "Pledged Collateral").
The Seller's security interest in the Pledged Shares shall cover the proceeds of such shares including, but not limited to, any proceeds resulting from the conversion of the Pledged Shares as a result of the merger of USIS into any other entity.
AEC has provided USIS with adequate and sufficient consideration for the execution of this Agreement and the performance of the covenants and other obligations contemplated hereby; such consideration consists of the elimination of management fees payable from USIS to AEC from the date of execution hereof to the termination of all obligations hereunder.
Buyer, Seller, and USIS have executed this Agreement on the day and year first above written.