Examples of Arcosa Business in a sentence
The Service Recipients shall not resell any Services to any Person whatsoever or permit the use of the Services by any Person other than in connection with the conduct of the operations of the Arcosa Business or the Trinity Business, as applicable, as conducted in the twelve (12) months immediately prior to the date hereof.
Arcosa agrees and covenants (on its own behalf and on behalf of each other member of the Arcosa Group) that as of the Effective Time it will procure and maintain at its sole cost and expense, for a period of no less than five (5) years from the Effective Time, commercial crime policies or fidelity bonds reasonable and appropriate to the Arcosa Business.
Trinity shall mail to the holders of Trinity Common Stock, at such time on or prior to the Distribution Date as Trinity shall determine, the Information Statement included in the Registration Statement, as well as any other information concerning Arcosa, the Arcosa Business, operations and management, the Separation and such other matters as Trinity shall reasonably determine are necessary and as may be required by Law.
Neither Trinity nor any member of the Trinity Group will have any obligation to renew any letters of credit issued on behalf of or in favor of any member of the Arcosa Group or the Arcosa Business after the expiration of any such letter of credit.
As of the Effective Time, and subject to the requirements of Section 9.1, Arcosa shall procure and maintain primary, umbrella and excess occurrence-based liability policies reasonable and appropriate to the Arcosa Business, including commercial general liability, worker's compensation, employer's liability, products liability and automobile liability coverage with commercially reasonable terms and limits.
Arcosa agrees and covenants (on its own behalf and on behalf of each other member of the Arcosa Group) that as of the Effective Time it will procure and maintain at its sole cost and expense, for a period of no less than five (5) years from the Effective Time, claims-made liability policies reasonable and appropriate to the Arcosa Business, including directors' and officers' liability and fiduciary liability policies with commercially reasonable terms and limits.
Trinity or a member of the Trinity Group will use commercially reasonable efforts to assign the rights and obligations, but only to the extent relating to the Arcosa Business, under the Shared Contracts which are identified on Schedule 2.8(c)(ii) to Arcosa or a member of the Arcosa Group.
Trinity and Arcosa shall cooperate and Arcosa shall use commercially reasonable efforts to replace all letters of credit issued by Trinity or other members of the Trinity Group on behalf of or in favor of any member of the Arcosa Group or the Arcosa Business (the “Trinity LCs”) as promptly as practicable with letters of credit from Arcosa or a member of the Arcosa Group as of the Effective Time.
Arcosa agrees and covenants (on its own behalf and on behalf of each other member of the Arcosa Group) that as of the Effective Time it will procure and maintain at its sole cost and expense, for a period of no less than five (5) years from the Effective Time, claims-made liability policies reasonable and appropriate to the Arcosa Business, including directors’ and officers’ liability and fiduciary liability policies with commercially reasonable terms and limits.
The Council’s Contracts Register is publically available on the Council’s website, and states the start and end date of all contracts.