The Buyer’s Obligations. In his use of the goods, including resale, The Buyer shall prudently use/market such goods and to the extent possible take such measures (including the issuing of instructions and warnings to joint contractors and subsequent levels of distribution) which can safeguard the Buyer as well as PNE from incurring product liability. With respect to the provisions on product liability towards third parties referred to above, the Buyer’s violation of this provision shall be deemed to constitute an act for which he incurs liability on an equal footing with any other negligence on the part of the Buyer.
The Buyer’s Obligations. (a) Where applicable Law or rules provide for the transfer of employment of any Employee (except the UK Transferring Employees) upon a sale of the Business, the Buyer and the Sellers shall take or cause to be taken such actions as are required under applicable Law to accomplish such transfer of employment of such Employee as a matter of law as of the Effective Time. The Buyer or one of its Affiliates shall employ each Employee on terms comparable to those offered by the Sellers or their Affiliates to such Employee immediately prior to the Effective Time and, as and to the extent required by Law, shall maintain terms and conditions of employment which replicate those provided by the Sellers or their Affiliates immediately prior to the Effective Time. Where applicable Law or rules do not provide for the transfer of employment of any Employee upon a sale of the Business to the Buyer or any of its Affiliates, the Buyer shall, or shall cause one of its Affiliates to, make offers of employment in accordance with the provisions of this ARTICLE V, to be effective as of the Closing, to all such Employees, in accordance with the provisions of this ARTICLE V, at least fifteen (15) days prior to the Closing Date (or such longer period required by applicable Law, collective bargaining agreement, trade union agreement or works council agreement), to be effective as of the Closing. Except as otherwise provided in this ARTICLE V, each offer of employment by the Buyer or its Affiliate to each such Employee shall in each case provide for aggregate compensation that is comparable to that aggregate compensation provided to such Employee immediately prior to the Closing Date and will not trigger any severance with respect to such Employee. For a period of not less than one year following the Effective Time, the Buyer shall not modify the salary or benefits of any Transferred Employee in any manner that will materially and adversely affect the aggregate value of the compensation and benefits with respect to such Transferred Employee.
The Buyer’s Obligations. 2.1 The Buyer will, or will procure that its solicitors deliver, to the Sellers' solicitors on behalf of the Sellers:
The Buyer’s Obligations a. The Buyer shall provide training in crop production and post harvest handling to the Farmer during the contracted period;
The Buyer’s Obligations. The Buyer shall co-operate with the Supplier in all matters relating to the Goods and or Services and provide the Supplier with any information the Supplier may reasonably require in order to provide the Goods and or Services under the confidential rules of TRAVEN.
The Buyer’s Obligations. Under the rights granted by this agreement, the Buyer shall ensure the following: the author's name is mentioned in conjunction with any public presentation and/or display of the work and in all copies of the work in accordance with good practice, the work is not altered or linked or included in another work in such a way, or presented in such a context, which would harm the author's reputation or honour, the author's right of access can be reasonably enforced, and the requirements set out in the Act on the Classification of Audiovisual Programmes (775/2000) are complied with when making the work available to the public.
The Buyer’s Obligations. Effective as of the Closing Date and upon Mr. Xxxxxxx'x xxxcution and delivery of the Employment Contracts, Mr. Xxxxxxx xxxll be an employee of the Buyer for all purposes and the Buyer shall be responsible for all salary, bonus, vacation and other employment obligations with respect to Mr. Xxxxxxx, xx set forth in the Employment Contract; and the Seller shall have no further obligations with respect to Mr. Xxxxxxx, xxcept to the extent any such obligations arose prior to the Closing Date and those continuing obligations related to his role as Seller's Chairman of its Board of Directors.
The Buyer’s Obligations. Effective as of the Closing Date and upon execution and delivery of the Professional Services Agreements by Seller, Borix Xxxxxxxxx, Xxnix Xxxxxx xxx Mikhxxx Xxxxxxxxxx xxxll each become a consultant of the Buyer for those purposes and upon those conditions set forth in therein.
The Buyer’s Obligations. At the Closing, the Buyer shall deliver or cause to be delivered the following, in such form as counsel for the Sellers may reasonably request:
The Buyer’s Obligations. (a) After the Closing Date (i) where applicable law or rules provide for the automatic transfer of employment of any portion of the Employees upon the sale of the Business by operation of law or otherwise, (A) the Buyer and the Share Sellers agree to take such actions as are reasonably practicable such that the employment of the Employees will transfer to the Buyer or its Affiliate as a matter of law as of the Effective Time, and (B) the Buyer or one of its Affiliates shall employ each such Employee with salary, wages, bonuses and/or incentive compensation (as applicable in any given case) that are substantially comparable in the aggregate to those payable by the Share Sellers or their Affiliates to each such Employee on the Closing Date, shall provide benefits to each such Employee that are substantially comparable in the aggregate to the benefits provided by the Share Sellers or their Affiliates to each such Employee on the Closing Date (excluding any grants of stock options, restricted stock or any other equity that may be provided by the Share Sellers or their Affiliates to any such Employee and benefits under the Mallinckrodt Pharmaceuticals Retiree Welfare Benefit Plan)), and (ii) where applicable Law or rules do not provide for the automatic transfer of employment of any portion of the Employees upon the sale of the Business, the Buyer or one of its Affiliates shall make an offer of employment, to be effective as of the day after the Closing Date, with salary, wages, bonuses and/or incentive compensation (as applicable in any given case) that are substantially comparable in the aggregate to those payable by the Share Sellers or their Affiliates to each such Employee on the Closing Date, with benefits to each such Employee that are substantially comparable in the aggregate to the benefits provided by the Share Sellers or their Affiliates to each such Employee on the Closing Date (excluding any grants of stock options, restricted stock or any other equity that may be provided by the Share Sellers or their Affiliates to any such Employee).
