Examples of Canadian Purchaser in a sentence
Except as provided in the Transition Services Agreement, effective as of the Closing Date, the Non-U.S. Transferred Employees, if any, shall cease participation in Employee Plans and shall commence participation in employee benefit plans and arrangements of the Canadian Purchaser or an Affiliate of the Canadian Purchaser.
Any amounts for services rendered, and goods provided under the Designated Contracts during the period until the Contribution Date (in the case of Newco) and the Closing Date (in the case of the Canadian Purchaser) shall not be a Liability of Newco or the Canadian Purchaser, as the case may be, (unless such amounts are specifically included in the Assumed Liabilities and taken into account in calculating the Adjusted Closing Net Current Assets).
At the time such Purchaser was offered the Securities, it was, and as of the date hereof it is, and on each date on which it exercises any Warrants it will in the case of a Purchaser that is not a Canadian Purchaser be either: (i) an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act or (ii) a “qualified institutional buyer” as defined in Rule 144A(a) under the Securities Act.
From and after the Contribution Closing (in the case of Newco) and the Closing (in the case of the Canadian Purchaser), Newco or the Canadian Purchaser, as the case may be, shall be obligated to pay all amounts for services rendered and goods provided, in each case, from and after the applicable Closing, under the applicable Designated Contracts in accordance with the terms and conditions of all such Designated Contracts.
The Sellers shall cooperate with Canadian until the Closing Date in communicating to Employees any information concerning employment offers and employment after the Closing Date, and during normal business hours shall allow additional meetings by representatives of the Canadian Purchaser with such Employees upon the reasonable request of the Canadian Purchaser.