Gift Cards. The Company shall pay (and the Parent shall cause the Company to pay) SBEEG for the face amount of each gift card that is included in the calculation of Working Capital as of the Closing which are subsequently redeemed at any property owned or managed by SBEEG or any of its Affiliates following the Closing within fifteen (15) days after receipt by the Company or the Parent of an invoice therefor.
Appears in 4 contracts
Samples: Merger Agreement (ONE Group Hospitality, Inc.), Merger Agreement (ONE Group Hospitality, Inc.), Merger Agreement (ONE Group Hospitality, Inc.)