Common use of Employee Accruals Clause in Contracts

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practices.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Brascan Corp/), Asset Purchase Agreement (Weyerhaeuser Co)

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Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment employment and parental insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits KMCI Employee Plan payments have been reflected in the books Books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesRecords.

Appears in 2 contracts

Samples: Share and Unit Purchase Agreement, Share and Unit Purchase Agreement (Kinder Morgan Canada LTD)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesCorporation.

Appears in 2 contracts

Samples: Share Purchase Agreement (Equitex Inc), Share Purchase Agreement (Ars Networks Inc)

Employee Accruals. All material accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, employee related Taxes accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesCorporation.

Appears in 1 contract

Samples: Disposition Agreement (Polymer Solutions Inc)

Employee Accruals. All accruals for unpaid vacation paypay for employees of the Purchased Business, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments in each case in respect of the Purchased Businesses have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesVendor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ems Technologies Inc)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller relating to respective party and the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesmost recent of its publicly filed financial statements.

Appears in 1 contract

Samples: Arrangement Agreement (Verb Exchange Inc)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller Vendor relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesBusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Eagle Outfitters Inc)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan pension plan premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesCorporation or any of its subsidiaries.

Appears in 1 contract

Samples: Share Purchase Agreement (Play La Inc.)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment employment and parental insurance, health premiums, Canada Pension Plan pension plan premiums, accrued wages, salaries and commissions and other benefits Employee Plan payments have been reflected in the books Books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesRecords.

Appears in 1 contract

Samples: Share Purchase Agreement

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesCorporation.

Appears in 1 contract

Samples: Share Purchase Agreement (Preferred Networks Inc)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, workers’ compensation, health premiums, Canada Pension Plan or other pension plan premiums, accrued wages, salaries and commissions and employee benefit plan payments and other benefits source deductions have been reflected in the books and records of each of the Seller relating to Vendor and the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesSubsidiaries.

Appears in 1 contract

Samples: Asset Purchase Agreement (Exfo Electro Optical Engineering Inc)

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Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment employment insurance, health premiums, Canada Pension Plan or similar premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesVendors.

Appears in 1 contract

Samples: Asset Sale Agreement (Veritas DGC Inc)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesSeller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Raven Industries Inc)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment employment insurance, health insurance premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits Employee Plan payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesCompanies or any Subsidiary, as applicable.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eagle Usa Airfreight Inc)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment employment insurance, health premiums, Canada Pension Plan pension plan premiums, CPP, QPP, accrued wages, salaries and commissions and other benefits Employee Plan payments have been reflected in on the books and records of the Seller relating to the Purchased Business Company in accordance with GAAP applied on a basis consistent with prior practicesCanadian GAAP.

Appears in 1 contract

Samples: Share Exchange Agreement (8x8 Inc)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits employee benefit play payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesCorporation.

Appears in 1 contract

Samples: Share Purchase Agreement (International Menu Solutions Corp)

Employee Accruals. All accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, Canada Pension Plan premiums, accrued wages, salaries and commissions and other benefits employee benefit plan payments have been reflected in the books and records of the Seller relating to the Purchased Business in accordance with GAAP applied on a basis consistent with prior practicesVendor.

Appears in 1 contract

Samples: Asset Purchase Agreement (International Menu Solutions Corp)

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