Common use of Accrued Vacation Clause in Contracts

Accrued Vacation. Except as required by applicable Law, Purchaser shall be responsible for all Liabilities with respect to Transferred Employees attributable to their accrued and unused vacation and sick days through the Closing Date.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Attis Industries Inc.), Asset Purchase Agreement, Asset Purchase Agreement (Attis Industries Inc.)

AutoNDA by SimpleDocs

Accrued Vacation. Except as required by applicable Law, Purchaser Buyer shall be responsible for all Liabilities with respect to Transferred Employees attributable to their accrued and unused vacation vacation, sick days and sick personal days through the Closing Date, and shall recognize, honor and assume all such accrued and unused vacation, sick days and personal days with respect to Transferred Employees through the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Clean Diesel Technologies Inc)

Accrued Vacation. Except as required by applicable Law, Purchaser shall be responsible for all Liabilities with respect to Transferred Employees attributable to their accrued and unused vacation vacation, sick days and sick personal days through the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement

Accrued Vacation. Except as required by applicable Law, Purchaser ---------------- shall be responsible for all Liabilities with respect to Transferred Employees attributable to their accrued and unused vacation and vacation, sick days and personal days earned with Sellers through the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Agway Inc)

AutoNDA by SimpleDocs

Accrued Vacation. Except as required by applicable Law, Purchaser shall be responsible for all Liabilities with respect to Transferred Employees attributable to their accrued and unused vacation (to the extent taken into account in calculating Closing Working Capital) and sick days through the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hollywood Media Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!