Separation and Segregation Sample Clauses

Separation and Segregation. From the date hereof through the Closing, MLIM Parent shall use reasonable best efforts to, and shall cause each of the MLIM Business Entities to use reasonable best efforts to, separate in all material respects all data related to the MLIM Business from any other data of MLIM Parent or the MLIM Business Entities, whether by physical or logical separation of such data and/or by the use of contractual, administrative, technical and/or physical oversights, mechanisms and processes.
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Separation and Segregation. (a) From the date hereof through the Closing, Citigroup shall, and shall cause its Affiliates to, use their reasonable best efforts to separate sufficiently all data and operations related to the CAM Business from any other data and operations of Citigroup or its Affiliates (other than the CAM Subsidiaries), whether by physical or logical separation of such data and operations and/or by the use of contractual, administrative, technical and/or physical oversights, mechanisms and processes.
Separation and Segregation. (A) To the extent that, prior to the Effective Date, Parent has not completed separation and/or segregation of the operations of the Acquired Subsidiaries from the operations of Sellers and Affiliates of Sellers or separation and/or segregation of all personal, private, health or financial information about individual policyholders, customers, consumers or benefits recipients related to the Business carried on by the Acquired Subsidiaries from any other information of Sellers or Affiliates of Sellers, whether by physical or logical separation of such data and information and/or by the use of contractual, administrative, technical and/or physical oversights, mechanisms and processes: (1) Parent shall make the completion of such separation and/or segregation its highest priority under this Agreement, (2) Parent's performance of such separation and/or segregation activities shall be of high quality and shall be conducted in the same manner as if Parent were performing such activities for a Parent Affiliate, (3) such lack of completion shall not affect the level or quality or cost of performance of the Parent Services or Additional Services or Parent's obligations pursuant to the Related Agreements, and (4) such separation and segregation shall be completed in such a manner so that the Business carried on by the Acquired Subsidiaries will, at and immediately after such separation and segregation has been completed, comply with (a) all applicable Law with respect to privacy of such data and information and (b) any applicable policies of, or promises made to policyholders, customers, consumers or benefit recipients of, any of the Acquired Subsidiaries, Parent or Sellers with respect to privacy of such data and information.
Separation and Segregation. From the date hereof through the Closing, MLIM Parent shall use reasonable best efforts to, and shall cause each of the MLIM Business Entities to use reasonable best efforts to, separate in all material respects all data related to the MLIM Business from any other data of MLIM Parent or the MLIM Business Entities, whether by physical or logical separation of such data and/or by the use of contractual, administrative, technical and/or physical oversights, mechanisms and processes. Section 5.24 Certain Obligations as to PNC Agreement. From the date hereof through the Closing, without the prior written consent of MLIM Parent, New BlackRock and BlackRock shall not amend, modify or waive (as distinct from giving any consent or approval provided for therein) any provision of the Implementation and Stockholder Agreement or any restriction or prohibition on New BlackRock or its Affiliates contained therein. Table of Contents
Separation and Segregation 

Related to Separation and Segregation

  • Integration and Severability This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements and understandings (whether written or oral) between the Parties. The provisions of this Agreement are severable, and in the event any provisions of this Agreement shall be determined to be invalid or unenforceable under any controlling body of law, such invalidity or unenforceability shall not in any way affect the validity or enforceability of the remaining provisions hereof.

  • Compensation and General Benefits As compensation for his services under this Agreement, the Executive shall be compensated as follows:

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

  • Termination and Severance Executive shall be entitled to receive benefits upon termination of employment only as set forth in this Section 4:

  • Vacation and Employee Benefits During his Employment, the Executive shall be eligible for paid vacations in accordance with the Company’s vacation policy, as it may be amended from time to time, with a minimum of 20 vacation days per year. During his Employment, the Executive shall be eligible to participate in the employee benefit plans maintained by the Company, subject in each case to the generally applicable terms and conditions of the plan in question and to the determinations of any person or committee administering such plan.

  • Compensation and Employee Benefits SECTION 13.01.

  • Vacation and Fringe Benefits During the Employment Period, the Executive shall be entitled to paid vacation and fringe benefits at a level that is commensurate with the paid vacation and fringe benefits available to the Executive immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available from time to time to the Executive or other similarly situated officers at any time thereafter.

  • Compensation and Related Matters During the Term of the Executive’s employment, as compensation and consideration for the performance by the Executive of the Executive’s duties, responsibilities and covenants pursuant to this Agreement, the Company shall pay the Executive and the Executive agrees to accept in full payment for such performance the amounts and benefits set forth below.

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