WSPI definition

WSPI means Western S.P., Inc., a California corporation and subsidiary of Western.
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WSPI means Western S.P., Inc., a California corporation and subsidiary of Western. "WSPI Purchase Agreement" has the meaning set forth in Section 6.21.
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Examples of WSPI in a sentence

  • If a vacancy in the position of Managing Member should for any reason occur, a replacement Managing Member shall be appointed by WSPI.

  • There are no outstanding options, warrants or other rights in or with respect to the unissued shares of such common stock or any other securities convertible into such stock, and WSPI is not obligated to issue any additional shares of its common stock or any options, warrants or other rights in or with respect to the unissued shares of its common stock or any other securities convertible into such stock.

  • The Initial Term of this Agreement shall be for a period of commencing enter # of days, weeks or months and ending , unless sooner terminated as provided herein.

  • If any amounts required to be distributed with respect to the Class A Management Units pursuant to the preceding sentence had previously been distributed to WSPI, WSPII or Dutch pursuant to the second sentence of this Section 5.4, WSPI, ----------- WSPII or Dutch (as applicable) shall contribute such amount to the Company (which contributions shall be deemed to be Capital Contributions hereunder).

  • WSPI will make every effort to reach 1st World standards within reason.

  • The $35,000.00 USD is a show of good faith by WSPI and is to be held (not deposited) until WSPI informs Company tariffs and conditions with Philippine Government are final and accepted by WORLDSTAR PHILLIPINE ISLANDS, INC.

  • Bancorp and Western will use their commercially reasonable efforts to obtain all Consents necessary to effect the Stock Purchase, the Merger, the Western Dividend, and sale of WSPI and WSCDC and the transactions contemplated herein.

  • Prior to the Effective Time of the Stock Purchase, and following the WSPI Repayment, ------------ Western will sell all of the outstanding shares of WSPI to Bancorp for an amount equal to the amount of Western's investment in and advances to WSPI (computed as if all remaining advances have been contributed to capital) immediately prior to the Stock Purchase.

  • CBB shall have received evidence satisfactory to it that WSPI has been sold pursuant ---------------- to the WSPI Purchase Agreement, substantially in the form attached hereto as Exhibit D and that Western has --------- received the WSPI Repayment.

  • Any distribution to which holders of Class A Management Units would be entitled pursuant to the terms of Section 5.2 ----------- or 5.3 (as applicable) without regard to this Section 5.4 that is not --- ----------- distributed by reason of application of the first sentence of this Section 5.4 ----------- shall be held by the Company or, if requested by WSPI, shall be distributed to WSPI, WSPII or Dutch.