WPEC definition

WPEC means Western Pennsylvania Energy Consortium

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

WPEC means WP-O, a wholly owned subsidiary of WP-D, and WP-D.

WPEC or "Seller")

Examples of WPEC in a sentence

• Any notice, request, demand, claim, or other communication hereunder shall be deemed duly given if (and then two business days after) it is personally delivered with receipt, sent by reputable overnight delivery service or by registered or certified mail, return receipt requested, postage prepaid, and addressed to the intended recipient as set forth below: If to WPEC: Copy to: Western Power & Equipment Corp.

• To the knowledge of WPEC and the directors and officers of WPEC, no significant competitor of WP-O has interfered with infringed upon, misappropriated, or otherwise come into conflict with any Intellectual Property rights of WP-O for commercial purposes.

• WPEC hereby represents that at the time of Closing, EMAC shall have the exclusive ownership of the assets, free and clear of any liens or encumbrances, except and subject to as set forth in Schedule C-2 to be prepared and attached to the Purchase Agreement.

• WPEC is not a guarantor or otherwise liable for any Liability or obligation (including indebtedness) of any other Person except as set forth in Schedule C2.

• At Closing, WPEC and ▇▇▇▇▇▇ ▇▇▇▇▇ will release all claims, current and future, against EMAC and New Corp.

• The employees of WP-O are covered by employee benefit plans sponsored by WPEC.

• Except as set forth herein, Title to all of the Acquired Assets shall be transferred from WPEC to New Corp.

• WPEC will give any notices to third parties, and WPEC will use their best efforts to obtain any third party consents, that the Buyer reasonably may request in connection with the matters referred to in Section 3(c) above.

• In addition, Parent agrees that within 30 days after the Closing, Parent shall apply to the appropriate regulatory authority to have its stock symbol changed as soon as possible from WPEC to a symbol dissimilar to WPEC.

• WPEC agrees to provide EMAC with a preliminary itemized list of all liabilities of which the Assets are subject to not later than October 14, 2001, with an updated and final itemized list provided prior to the date of Closing.

More Definitions of WPEC

WPEC and related tradenames" and all its (a) real property, leaseholds and subleaseholds therein, improvements, fixtures, and fittings thereon, except for the Anchorage, Alaska and Moxee, Washington properties more particularly described on Schedule 1, (b) tangible personal property (such as machinery, equipment, inventories of supplies, manufactured and purchased parts, work in process and finished work, furniture, automobiles and trucks,), (c) Intellectual Property, goodwill associated therewith, licenses and sublicenses granted and obtained with respect thereto, and rights thereunder, remedies against infringements thereof, and rights to protection of interests therein under the laws of all jurisdictions, (d) leases, subleases, and rights thereunder, (e) agreements, contracts, indentures, mortgages, instruments, Security Interests, guaranties, other similar arrangements, and rights thereunder, (f) claims, deposits, prepayments, refunds, causes of action, choses in action, rights of recovery, rights of set off, and rights of recoupment (including any such item relating to the payment of Taxes), (g) franchises, approvals, permits, licenses, orders, registrations, certificates, variances, and similar rights obtained from governments and governmental agencies, (h) books, records, ledgers, files, documents, correspondence, lists, plats, architectural plans, drawings, and specifications, creative materials, advertising and promotional materials, studies, reports, and other printed or written materials, curricula, either finished, in process, or planned, and (i) rights in and with respect to the assets associated with its Employee Health and Disability Plans; provided, however, that the Acquired Assets shall not include the Excluded Assets. The enumeration of asset categories set forth herein shall not imply that Seller necessarily owns each such type of asset.

WPEC means Willbros Process Electric and Control, Inc., a Oregon corporation.