Examples of Business Transfer Agreements in a sentence
The Bank has executed Business Transfer Agreements (BTAs) with CBNA and CFIL on 30 March, 2022.
This Article IV shall not be applicable to any Indemnifiable Losses or Liabilities related to (1) Taxes which shall be governed by the Tax Sharing Agreement; or (2) which are otherwise expressly provided for in those Other Agreements (excluding the Business Transfer Agreements).
A global assignment and assumption agreement along with Business Transfer Agreements for transfers of Chemicals Assets and assumption of Chemicals Liabilities will be executed on or prior to the Distribution Date; provided, however, that in the event of a conflict between such agreements and this Agreement, this Agreement will control; and provided further that the transfer of the operating Assets of the Chemicals Business shall be substantially completed prior to the Special Meeting.
The execution and performance of the Volt Business Transfer Agreements or the Non-Volt Business Transfer Agreement by the relevant Volt Operating Companies (other than Seller and NTPH) and the relevant Share Transfer Subsidiaries (other than NTPH) do not violate any of the terms of the articles of incorporation or other internal rules of each party thereto and the applicable Laws.
Notwithstanding anything to the contrary herein or in any Equity Transfer Documents or Business Transfer Agreements, any consideration paid by Purchaser or any of its Affiliates to Seller or any of its Affiliates pursuant to any Equity Transfer Documents or Business Transfer Agreements shall be deemed for all purposes to comprise part of, and not be in addition to, the Purchase Price payable hereunder.
The Buyer shall have executed and delivered, or shall have caused the applicable Buying Affiliates to have executed and delivered, to GE the Business Transfer Agreements, the Xxxx of Sale, Assignment and Assumption Agreement, the Transition Services Agreement, the Transitional Trademark License Agreement, the Instrument of Cancellation, the Customer Agreement and the Intellectual Property Cross License Agreement.
When discussing Business Transfer Agreements (“BTAs”), it is key that the parties (and especially the seller) ensure the BTA clauses accurately reflect the economic substance of the transaction.
There are no outstanding unpaid wages to the employees to be transferred to NewCo under the Company Split and to the Share Transfer Subsidiaries (other than NTPH and NTEU) under the Volt Business Transfer Agreements and the employees of NTPH and NTEU.
Each of the GE Entities (as applicable) shall have executed and delivered, or caused to be executed and delivered, to the Buyer the Business Transfer Agreements, the Xxxx of Sale, Assignment and Assumption Agreement, the Transition Services Agreement, the Transitional Trademark License Agreement, the Instrument of Cancellation, the Customer Agreement and the Intellectual Property Cross License Agreement.
In the event that any of the terms of this Agreement conflict with any of the terms of the Business Transfer Agreements, the terms of this Agreement will prevail.