Examples of Acquired Company in a sentence
Notwithstanding anything in this Section 6.6 to the contrary, after the date hereof and prior to the Closing, Seller may, without the consent of Buyer cause one or more Acquired Companies to pay and satisfy in full any Indebtedness of such Acquired Company.
Buyer acknowledges that neither the Acquired Companies nor Seller has made any representations or warranties to Buyer regarding the probable success or profitability of the Acquired Companies or their respective businesses or the ability of an Acquired Company or its business to meet any published or internally-prepared projections (financial or otherwise), budgets, plans, or forecasts of revenues, earnings, or other financial performance measures or operating statistics.
Except as set forth on Schedule 4.4, there are no Actions pending or threatened in writing against any Acquired Company for which the amount alleged in any such Action exceeds $250,000.
The Seller shall be responsible for paying any and all severance costs associated with the termination of any employee of an Acquired Company who is not set forth on Schedule 6.8 related to a termination of such employee within 30 days of the Closing.
At the request of Buyer, Seller shall, and shall cause its Affiliates to, use commercially reasonable efforts to transfer, prior to Closing, any employees listed on Schedule 6.8 who are employed by Affiliates of Seller that are not Acquired Companies (the "Non-Acquired Employees") to an Acquired Company designated by Seller (an “Employee Transfer”).