USPE definition

USPE means unconsolidated special purpose entity.
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USPE will have the meaning set forth in the introductory paragraph.
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Examples of USPE in a sentence

  • A certificate of an Authorised Signatory of the relevant Obligor or USPE stating that all financial covenants and obligations under the Finance Documents have been complied with.

  • A copy, certified a true copy by an Authorised Signatory of USPE, of the audited financial statements of such Target for the preceding 3 years (or, if not reasonably available, such financial statements certified as complete and accurate by the Target's or USPE's Chief Financial Officer).

  • USPI and HDT shall have terminated that certain Shareholders Agreement, dated June 1, 1998, relating to USPE.

  • This Agreement shall terminate upon the earlier to occur of (i) (A) if HDT has not converted its shares of USPI B-Stock into USPE Shares as of the time a USPI or USPE Triggering Event occurs, at the time of the occurrence of a USPI or USPE Triggering Event, or (B) if HDT has converted its shares of USPI B-Stock into USPE Shares prior to the time a USPI or USPE Triggering Event occurs, at the time of the occurrence of a USPE Triggering Event, or (ii) the mutual agreement of the Parties.

  • Upon completion of the transaction contemplated by SECTION 1.1 hereof, USPE shall become a wholly-owned subsidiary of USPI.

  • In the event that the New Amount is greater than the amount actually paid, USPE shall prepay such amount as Interest Periods mature and interest shall accrue thereon at the applicable rate from the date the New Amount is calculated until such prepayment.

  • Equity investments made after the date of this Agreement by USPI in USPE Shares shall constitute "Qualified Investments" to the extent that the aggregate amount of such equity investments made after the date of this Agreement is less than or equal to $70,247,336.

  • If there has not been $1,000,000 of sales within the 12-month period preceding the date of the Qualified Investment, then the most recent $1,000,000 of sales shall be used to determine the purchase price, unless either USPI or HDT objects to using the most recent sales, then USPI and HDT shall jointly select a third party appraiser to determine the fair market value purchase price for the USPE Shares.

  • USPI plans to invest a minimum of $100 million (including monies previously invested) in USPE subject to approval, on a case by case basis, by the Board of Directors of USPI, assuming such projects have reasonable returns, which generally shall be deemed to occur if projects are available with acquisition multiples ranging from 4 to 7 times first year EBITDA of the project.

  • An Obligor fails duly to perform or comply with any other obligation expressed to be assumed by it in the Finance Documents and such failure, if capable of remedy, is not remedied within thirty days after the earlier to occur of the date the Agent has given notice thereof to USPE and such Obligor and the date the Obligor or USPE has actual knowledge.

Related to USPE

  • PEI means Petroleum Equipment Institute.

  • TEC means the Technical Evaluation Committee, constituted for the purpose of evaluating the Proposals received.

  • CFPC means the College of Family Physicians of Canada.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Homemaker means a person who performs household chores for an individual primarily in her/his place of residence. Household chores may include but are not necessarily limited to housekeeping, meal preparation and shopping.