Purchase of Rights. (e) If a merger, purchase, acquisition, sale, etc., constitutes merely the acquisition of permits or rights, without the purchase or acqui- sition of equipment or terminals, and/or without the consolidation of terminals or operations, or in the event of the purchase of rights during bankruptcy proceedings, the following shall apply: Where the purchasing company has a terminal operation at the do- micile of the employees of the seller, the employees of the selling company shall be placed on a master seniority list, and the purchas- ing company or companies shall hire, after recall of the purchasing company’s employees from layoff, such employees as needed for regular employment within the first twelve (12) calendar months after purchase or acquisition of permits and/or rights, and they shall be dovetailed with full seniority. If an employee refuses a bona fide offer of regular work opportunity with any of the purchasing com- panies, his/her name shall be removed from the list. No employee hired under this provision shall be required to serve a probationary period. After the expiration of the aforementioned twelve (12) cal- endar month period, the purchaser shall have no further obligation to the employees of the seller. However, if the purchasing or acquiring company does not have and/or continue a terminal or operation at the domicile of the em- ployees of the seller, resulting in their layoff, such Employer shall place the laid-off employees on a master seniority list and such Em- ployer shall, if and when additional regular employees are required, within a twelve (12)—calendar month period after purchase or ac- quisition, and providing its employees on layoff have been recalled,
Purchase of Rights. 1.1 Purchaser agrees to acquire, and FA-1 agrees to grant to Purchaser, for *** (the "Purchase Price"), subject to the terms and conditions of this Agreement: (i) an indefeasible and exclusive right of use ("IRU") in the derivable capacity from one fibre pair (the "Capacity") on each Link (as such term is described in Schedule 1) of the Subsea Element; (ii) the exclusive right to use one dedicated fibre pair (the "Terrestrial Fibre Pair") on each Link of the Backhaul Elements; and (iii) all such other rights as are set out in Schedule 2 (together the "Rights").
Purchase of Rights. (e) If a merger, purchase, acquisition, sale, etc., constitutes merely the acquisition of permits or rights, without the purchase or acqui- sition of equipment or terminals, and/or without the consolidation of terminals or operations, or in the event of the purchase of rights during bankruptcy proceedings, the following shall apply: Where the purchasing company has a terminal operation at the domi- cile of the employees of the seller, the employees of the selling compa- ny shall be placed on a master seniority list, and the purchasing com- pany or companies shall hire, after recall of the purchasing company’s employees from layoff, such employees as needed for regular employ- ment within the first twelve (12) calendar months after purchase or acquisition of permits and/or rights, and they shall be dovetailed with full seniority. If an employee refuses a bona fide offer of regular work opportunity with any of the purchasing companies, his/her name shall be removed from the list. No employee hired under this provision shall be required to serve a probationary period. After the expiration of the aforementioned twelve (12) calendar month period, the purchaser shall have no further obligation to the employees of the seller.
Purchase of Rights. (e) If a merger, purchase, acquisition, sale, etc., constitutes merely the acquisition of permits or rights, without the purchase or acquisition of equipment or terminals, and/or without the consolidation of terminals or operations, or in the event of the purchase of rights during bankruptcy proceedings, the following shall apply: Where the purchasing company has a terminal operation at the domicile of the employees of the seller, the employees of the selling company shall be placed on a master seniority list, and the purchasing company or companies shall hire, after recall of the purchasing
Purchase of Rights. Any assignment of ownership to you of any deliverables and materials created by Fast-Trak Solutions Ltd in the provision of the services as defined within the engagement agreement will be at a mutually agreed additional cost.
Purchase of Rights. If one of the Parties holds or acquires, directly or indirectly, any right (including but not limited to mining rights, surface rights, water rights or others) partially or entirely located within El Quevar area as defined in the attached map under Appendix 6, such Party shall transfer this acquired right to the Company for no consideration.
Purchase of Rights. In exchange for the rights granted to the Purchaser hereunder, including the right to purchase the Forward Purchase Securities pursuant to Section 2 and the right to receive the Class B Shares and Private Placement Warrants pursuant to Section 3, the Purchaser shall pay to the Company by wire transfer of immediately available funds $824,500 (the “Rights Purchase Price”) to the Company’s operating account at First Republic Bank, in accordance with the Company’s wiring instructions, at least one (1) business day prior to the closing date of the IPO (the “IPO Closing Date”).
Purchase of Rights. In exchange for the rights granted to the Purchaser hereunder, including the right to purchase the Forward Purchase Securities pursuant to Section 2 and the right to receive the Class B Shares and Private Placement Warrants pursuant to Section 3, the Purchaser shall pay to the Company by wire transfer of immediately available funds $824,500 (the “Rights Purchase Price”) to the trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee (the “Trust Account”), in accordance with the Company’s wiring instructions, at least one (1) business day prior to the closing date of the IPO (the “IPO Closing Date”).
Purchase of Rights. Subject to all the other terms and conditions of this Agreement, including restrictions on sublicensing contained in Article VIII hereof, nothing set forth in Sections 3.2.3, 3.3.3, 3.4.3 or 3.5.4 hereof is intended to limit either Party's right to independently purchase or in-license rights from any Person.
Purchase of Rights. Subject to the terms and conditions of this ------------------ Agreement, Shareholder agrees to sell and deliver to SoftNet, and SoftNet agrees to purchase from Shareholder, all of Shareholder's right, title and interest to and in the Rights for an aggregate amount equal to the amount set forth next to Shareholder's name on Exhibit A (the "Purchase Price"). Upon payment of the Purchase Price, all right, title and interest to and in the Rights shall pass to SoftNet without further action on the part of the Parties and Shareholder shall have no right to receive any additional consideration under the Merger Agreement.
