Reimbursement for Certain Intercompany Transactions and Employee Loans Sample Clauses

Reimbursement for Certain Intercompany Transactions and Employee Loans. On or prior to the date that any Adjustment Amount becomes payable in accordance with Section 2.e.ii. hereof and in any event, no later than ninety (90) days from the Closing Date, Buyer will, or will cause the Acquired Companies to, reimburse Seller's Parent or its Affiliates (other than the Acquired Companies) for all costs for health insurance benefits provided by Seller's Parent or any of its Subsidiaries or Affiliates to any Acquired Company or any of its Employees prior to the Closing Date, and which, in either case, represent an account payable, liability, obligation or accrual of any of the Acquired Companies as of the Closing Date. Without limiting the generality of the foregoing, to the extent permitted by law, Buyer will use Best Reasonable Efforts to cause the Acquired Companies to withhold from each employee's pay checks amounts equal to the payments required to be made (i) in respect of any non-revenue travel on flights of American Airlines and American Eagle or otherwise by such employee or his or her relatives or acquaintances prior to and through the Closing Date and (ii) if requested by Seller, on any loans to such employee outstanding from American Airlines Employees Federal Credit Union (as shown by such Acquired Companies as owing to such Credit Union.) Buyer will cause the Acquired Companies to remit promptly such withheld amounts to the Credit Union, American Airlines or American Eagle, as the case may be, without setoff, counterclaim or reduction for any reason.