Examples of Acquired Group in a sentence
Except as otherwise required under applicable Law or Union Contract, as of the Initial Closing Date (or, if later, the applicable Transfer Date), each applicable Purchaser and its Affiliates shall, or shall cause the members of the Acquired Group to, honor all vacation days and paid time off (including sick time) accrued but not yet taken by each Transferred Employee prior to the Initial Closing Date (or, if later, the applicable Transfer Date), to the extent not paid out as set forth below.
Except as consented to in writing by ABG Purchaser, on or before the Applicable Closing Date, Seller shall terminate (or cause to be terminated) any tax sharing agreements with respect to any member of the Acquired Group, and thereafter no member of the Acquired Group shall have any rights or obligations under any such tax sharing agreements for any taxable year (whether the current year, a future year, or a past year).
Other than equipment or other personal property that is leased from third parties and Retained Personal Property, no Person other than the Seller Entities or a member of the Acquired Group owns any material equipment or other material tangible personal property or material tangible assets situated on the Transferred Owned Real Property or the Transferred Leased Real Property.
The Protected Information may be used by Seller or any of its Affiliates in connection with any dispute that relates in any way to the Transactions and no Purchaser nor any member of the Acquired Group shall have a right to use or rely on the Protected Information (but without prejudicing such Purchaser’s and the Acquired Group’s rights to discovery under applicable Law).
Further, each Purchaser and the members of the Acquired Group shall not have access to any Protected Information, or to the files of Xxxxxxxx & Xxxxx LLP relating to the Protected Information, whether or not the Initial Closing shall have occurred.