XLC definition

XLC shall include each of its subsidiaries.
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XLC. Shenzhen Xiang Long Communication Co., Ltd., a company incorporated in the People’s Republic of China with limited liability and a wholly- owned subsidiary of the Company
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XLC or the “Insurer”), pursuant to which the Insurer has unconditionally guaranteed payments of the Insured Amounts with respect to the Class Ax Notes on each Payment Date and Preference Amounts, all as more fully set forth in the Policy. Each Noteholder or Note Owner, by acceptance of this Note or, in the case of a Note Owner, a beneficial interest in this Note, covenants and agrees that no recourse may be taken, directly or indirectly, with respect to the obligations of the Issuer, the Owner Trustee or the Indenture Trustee on the Notes or under the Indenture or any certificate or other writing delivered in connection therewith, against (i) the Depositor, the Seller, the Servicer, the Indenture Trustee, or the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuer or (iii) any owner, beneficiary, agent, officer, director or employee of the Depositor, the Seller, the Servicer, the Indenture Trustee, or the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuer, the Depositor, the Seller, the Servicer, the Owner Trustee or the Indenture Trustee or of any successor or assign of the Depositor, the Seller, the Servicer, the Indenture Trustee, or the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed (it being understood that the Indenture Trustee and the Owner Trustee have no such obligations in their individual capacity) and except that any such owner or beneficiary shall be fully liable, to the extent provided by applicable law, for any unpaid consideration for stock, unpaid capital contribution or failure to pay any installment or call owing to such entity. All payments made by the Issuer with respect to this Note shall be applied first to interest due and payable on this Note as provided above and then to the unpaid principal of this Note. Reference is made to the further provisions of this Note set forth on the reverse hereof, which shall have the same effect as though fully set forth on the face of this Note. Unless the certificate of authentication hereon has been executed by the Indenture Trustee whose name appears below by manual signature, this Note shall not be entitled to any benefit under the Indenture referred to on the reverse hereof, or be valid or obligatory for any purpose.
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Examples of XLC in a sentence

  • CRDA, as the tenant, holds a leasehold interest in the land on which the XL Center (“XLC”), also known as the Hartford Civic Center is located and is the owner of the XLC.

  • System needs to include: • Digital crossovers (XTA, BSS, ▇▇▇▇▇▇) • Full range cabinets (▇▇▇▇▇, JBL VerTec, ▇▇▇▇▇▇, EAW, L Acoustics, Nexo, EV XLC) • Aux/Matrix fed Subwoofers (▇▇▇▇▇, JBL Vertec, ▇▇▇▇▇▇, EAW, L Acoustics, Nexo, EV) • Aux/Matrix fed Balcony, under balcony, and lip fills.

  • Any interest payable by XLC on an IE Advance (other than interest payable on or after termination of this Agreement) shall be treated (effective as of the fifth (5th) Business Day next following the last day of the Interest Period in respect of which such interest is payable) as a separate IE Advance for purposes of this Agreement.

  • XLC shall pay to IE interest in arrears on the Remaining Balance on the last day of each Interest Period.

  • As of such date, XLC shall be permitted to borrow under the Sublimit in an amount equal to the excess, if any, of the XLC Borrowing Base over the Remaining Balance.

  • Buyer's list of XLC Common Customers shall be reasonably satisfactory to XLSource.

  • XLC shall pay or reimburse IE for the costs associated with participation by the XLC Employees in the Employee Benefit Plans calculated on the basis of its respective percentage of compensation (including benefits) of participants covered by such Plans.

  • However, the Co-Neutrals are concerned that the criteria and process for converting kinship families is not being implemented as intended.

  • All invoices shall describe in reasonable detail (i) the Services provided during the preceding month and the charges associated therewith, (ii) the charges to XLC associated with participation by the XLC Employees in the Employee Benefit Plans during the preceding month, and (iii) any prior month adjustments.

  • Each of IE and XLC shall maintain on its respective books an intercompany account in which all Advances and all payments made with respect to such Advances shall be recorded.