Examples of Buyout Closing in a sentence
Further, XX XXXX hereby assumes, as of the Buyout Closing, all Liabilities of Transferred Manager Employees (including the employment and termination thereof) arising on and after the Buyout Closing Date in connection with their employment by XX XXXX.
The Consultant may request that salaries of administrative or clerical staff be treated as direct costs for a Project requiring an extensive amount of administrative or clerical support and where these costs can be readily and specifically identified with the Project with a high degree of accuracy.
TeleTech will provide to GTE at the Center Buy-out Closing Date the permits and certificates related to all mechanical systems, facilities and other things related to the Customer Solution Center; however, it will be GTE's sole responsibility to renew such permits and certificates to the extent necessary.
Effective as of the Buyout Closing, the employment of all of those Exclusive Employees who are so hired by New University will be terminated by Contributor, and Contributor shall be responsible for severance, if any, due such Exclusive Employees who are hired by New University.
The representations and warranties of XX XXXX set forth in the Buyout Notice shall be true and correct in all material respects both when made and at and as of the Buyout Closing as though then made.
It will be GTE's sole responsibility to repair and maintain the facilities and equipment after the Center Buy-out Closing Date.
XX XXXX proposes that the Buyout Closing occur on , 20 , or such other Business Day as XX XXXX and Manager shall agree, at the offices of Manager, or such other location as XX XXXX and Manager shall agree.
For purposes of this calculation, "the Number of Months in the Remaining Initial Term" shall mean the number of months or portion of a month between the Center Buy-out Closing Date and the end of the Initial Term of the applicable Task Order, excluding any Option periods set forth in the applicable Task Order.
If this Management Agreement is terminated pursuant to Article VII prior to Buyout Closing, the Buyout Option shall terminate automatically and the Buyout shall not be consummated.
At the Buyout Closing, Manager will deliver to XX XXXX good and valid title in and to the Manager Purchased Assets, free and clear of all Liabilities (except for immaterial Liabilities).