Examples of Asset Purchasers in a sentence
Subject to the satisfaction or waiver of the conditions set forth in this Agreement, at the Closing and as of the Closing Date, ITTI shall or shall cause the Asset Sellers to sell, assign, transfer, convey and deliver to Purchaser and/or the respective Designated Asset Purchasers, and Purchaser shall or shall cause the applicable Designated Asset Purchasers to purchase and acquire, all of the Asset Sellers' right, title and interest in the Purchased Assets.
Subject to the satisfaction or waiver of the conditions set forth in this Agreement, at the Closing and as of the Closing Date, except as set forth in the following sentence, ITTI shall or shall cause the Asset Sellers to sell, assign, transfer, convey and deliver to Purchaser and/or the respective Designated Asset Purchasers, and Purchaser shall or shall cause the applicable Designated Asset Purchasers to purchase and acquire, all of the Asset Sellers' right, title and interest in the Purchased Assets.
Neither ITTI nor any of its Subsidiaries shall, for a period of three years after the Closing Date, directly or indirectly, engage in the Business in competition with Purchaser and its Subsidiaries, the Electrical Companies or the Designated Asset Purchasers in any location in the world, whether or not Purchaser or any of its Subsidiaries, the Electrical Companies or the Designated Purchasers engages in the Business in that particular location.
Schnapf, CERCLA and the Substantial Continuity Test: A Unifying Proposal for Imposing CERCLA Liability on Asset Purchasers, 4 ENVTL.
Subject to the satisfaction or waiver of the conditions set forth in this Agreement, at the Closing and as of the Closing Date, ITT shall or shall cause the applicable Asset Sellers to sell, assign, transfer, convey and deliver to the applicable Designated Asset Purchasers, and Purchaser shall or shall cause the applicable Designated Asset Purchasers to purchase and acquire, all of the Asset Sellers' right, title and interest in the Purchased Assets.
On each Note Payment Date each Asset Purchaser shall pay the Shortfall Payable Amount relating to it (if any) to the other Asset Purchasers on a pro rata basis (by reference to the share of each such Asset Purchaser in the IC Loan Principal Deficiency Ledger After Excess Spread).
Each of the Asset Purchasers and Companies shall provide to JAI a corporate or membership resolution of the Managers, Members or Board of Directors of each of the Asset Sellers or Companies, respectively, which approve all of the transactions contemplated herein and authorizes the execution, delivery and performance of this Agreement and the documents referred to herein to which it is or is to be a party dated as of the Closing Date.
As of the Closing Date, the Purchaser shall, or shall cause the Asset Purchasers to, assume all obligations of the Seller Parent and its Affiliates to each Transferred Employee pursuant to any cash incentive or bonus program (excluding any incentive or bonus program relating to stock options or other equity awards unless otherwise stated in the Agreement) covering such Business Employee as of the Closing Date.
Of the aggregate outstandiong principal amount of all mortgage loans of all Asset Purchasers.
Each Asset Purchaser agrees that, with effect from the Closing, it shall assume and duly perform and discharge, when due for performance or discharge, all Assumed Obligations in respect of the Sale Asset or Sale Assets set forth against its name in Part 2 (Details of the Asset Sellers, Asset Purchasers, etc.) of Annex 1 (Details Regarding Shares and Sale Assets).