USTP definition

USTP means, collectively, the EOUST and the United States Trustees and Acting United States Trustees for Regions 1 through 21.
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Examples of USTP in a sentence

  • There is no Action pending or currently threatened against USTP or any of its Subsidiaries or any of their respective affiliates, before any court or by or before any governmental body or any arbitration board or tribunal, nor is there any judgment, decree, injunction or order of any court, governmental department, commission, agency, instrumentality or arbitrator against USTP or any of its Subsidiaries or any of their respective affiliates.

  • The execution and delivery of this Agreement by USTP and the USTP Controlling Shareholders, and the consummation by USTP of the transactions contemplated hereby, have been duly authorized by all necessary corporate action of USTP and the USTP Controlling Shareholders, and no other corporate proceedings on the part of USTP are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

  • At the Closing, counsel to USTP shall deliver to the the APPI Shareholders an opinion of counsel in substantially in the form of Exhibit B attached hereto.

  • All the accounts, books, registers, ledgers, Board minutes and financial and other material records of whatsoever kind of each of USTP and any Subsidiary of USTP have been fully, properly and accurately kept and completed; there are no material inaccuracies or discrepancies of any kind contained or reflected therein; and they give and reflect a true and fair view of the financial, contractual and legal position of USTP and each such Subsidiary.

  • On the Closing Date (as hereinafter defined) and upon the terms and subject to the conditions set forth in this Agreement, (i) the APPI Shareholders shall assign, transfer, convey and deliver the APPI Shares to USTP, and in consideration and exchange therefor USTP shall (ii) issue and deliver the New USTP Shares to the APPI Shareholders and (iii) surrender to USTP the Old USTP Shares pursuant to the Return to Treasury Agreement.

  • At or prior to Closing, Island Stock Transfer, USTP’s transfer agent, shall have received from the USTP Controlling Shareholders two or more stock certificates representing the Old USTP Shares, each duly endorsed for transfer in blank, signatures medallion guaranteed, with instructions from USTP for the return to treasury of the Old USTP Shares.

  • Each of the representations and warranties set forth in this Article II shall be deemed represented and made by USTP and the USTP Controlling Shareholder at the Closing as if made at such time and shall survive the Closing for a period terminating twenty-four months after the date of the Closing.

  • USTP is not an “investment company” as such term is defined by the Investment Company Act of 1940, as amended.

  • The APPI Shareholder shall have received such certificates, instruments and documents in confirmation of the representations and warranties of USTP and the USTP Controlling Shareholders, USTP’s and the USTP Controlling Shareholders’ performance of its obligations hereunder, and/or in furtherance of the transactions contemplated by this Agreement as the APPI Shareholder and/or their respective counsel may reasonably request.

  • USTP does not have any “Employee Benefit Plan” as defined in the U.S. Employee Retirement Income Security Act of 1974 or similar plans under any applicable laws.

Related to USTP

  • Buyer Group means each and all of: (a) Buyer and its officers, directors, agents, consultants and employees, and (b) Buyer’s Affiliates and their officers, directors, agents, consultants and employees.

  • Model 2 seller means a seller registered under the agreement that:

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

  • Model 4 seller means a seller that is registered under the agreement and is not a model 1 seller, model 2 seller, or model 3 seller.

  • PPB is the lump sum present value of the pension benefits (whether or not vested) that would be payable under the Pension Plans in the form of a straight life annuity beginning at the earliest date permitted under the Pension Plans, computed on the basis that the Executive’s actual age at termination of employment is his attained age as of his last birthday that would occur during the Remaining Unexpired Employment Period, that his service for benefit accrual purposes under the Pension Plans is equal to the aggregate of his actual service plus the Remaining Unexpired Employment Period, that his average compensation figure used in determining his accrued benefit is equal to the highest annual rate of salary achieved by the Executive during the period of three (3) years ending immediately prior to the date of termination, that the Executive’s life expectancy at the earliest date on which payments under the Pension Plans could begin is the Assumed Life Expectancy and that the interest rate assumption used is equal to the 30-Year Treasury Rate. The Pension Severance Payment shall be made within five (5) business days after the Executive’s termination of employment and shall be in lieu of any claim to any actual increase in his accrued benefit in the Pension Plans in respect of the Remaining Unexpired Employment Period;