Examples of Business Transfer Agreements in a sentence
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.
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.
The Directors (including the independent non-executive Directors) consider that the Proposed Yashili-Arla Transactions are conducted on normal commercial terms and the terms of the Business Transfer Agreements and the Transition Services Agreement are fair and reasonable and in the interest of the Company and its Shareholders as a whole.
If Completion does not take place on the Completion Date because the Sellers fail to comply with any of its relevant obligations in accordance with the Business Transfer Agreements, the Buyers may by notice to the Sellers proceed to Completion to the extent reasonably practicable, postpone Completion to such date as the Buyers may specify, or terminate the Business Transfer Agreements.
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.
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.
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 this respect, on the same day, the Company, Xxxxx and Xxxxxxx Xxxxxxxx (as the Sellers), entered into the Business Transfer Agreements with Arla and Arla Beijing (as the Buyers).
BUSINESS TRANSFER AGREEMENTS On 30 September 2022, the Company, Newou and Xxxxxxx Xxxxxxxx (as the Sellers), entered into the Business Transfer Agreements with Arla and Arla Beijing (as the Buyers), pursuant to which (1) the Sellers agree to transfer and the Buyers agree to purchase the Business, and (2) the Assets shall be transferred from the Sellers to the Buyers.
Subject matter Pursuant to the Business Transfer Agreements, (1) the Sellers agree to transfer and the Buyers agree to purchase the Business, and (2) the Assets shall be transferred from the Sellers to the Buyers.