Examples of CIC Conversion Date in a sentence
Sellers shall use commercially reasonable efforts, at their reasonable cost and expense, to transfer to any Buyer or its nominee or designee on the applicable CIC Conversion Date the Permits included in the Assets, to the extent transferable under applicable Law, and necessary for the operation of the Business.
Subject to Section 5.1, prior to the CIC Conversion Date for each Station Property (or any termination of this Agreement), Buyers shall not approach, contact or involve itself in any discussions or negotiations with any employee of any Seller or with any other occupant of such Station Property, without Sellers’ prior written consent (which may not be unreasonably withheld, conditioned or delayed) and without Sellers (or Sellers’ designated representative) being present thereat.
In the event that such work is not completed by the applicable CIC Conversion Date, Sellers shall complete, or cause to be completed, such work following such CIC Conversion Date pursuant to an access agreement in a form mutually agreeable to the Parties.
Sellers shall provide to Buyers, prior to the applicable CIC Conversion Date, evidence reasonably satisfactory to Buyers that all such Excluded Assets have been removed.
Subject to Section 5.1(a), prior to the CIC Conversion Date for each Station Property (or any termination of this Agreement), Buyers shall not approach, contact or involve itself in any discussions or negotiations with any employee of any Seller or with any other occupant of such Station Property, without Sellers’ prior written consent (which may not be unreasonably withheld, conditioned or delayed) and without Sellers (or Sellers’ designated representative) being present thereat.
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Sellers shall have provided to Buyers evidence reasonably satisfactory to Buyers of the termination of all Contracts with respect to their application to the applicable Station Properties which are not Assumed Contracts (except with respect to Contracts that are necessary for the continued operation of a Station Property in the Ordinary Course of Business or are system-wide Contracts that will not apply to any Station Property after the applicable CIC Conversion Date).
Sellers have paid or will pay all applicable state and federal Taxes required to be paid on such Inventory on or prior to the payment due date for such Taxes for all periods ending prior to, but not including, the CIC Conversion Date for the applicable Station Property.
Sellers shall use commercially reasonable efforts, at their sole cost and expense, to transfer to any Buyer or its nominee or designee on the applicable CIC Conversion Date the Permits included in the Assets, transferable under applicable Law, and necessary for the operation of the Business.
Except as otherwise contemplated by the Parties in respect of the conversion of each Station Property by the applicable CIC Conversion Date, Buyer shall not use trade names, trademarks, service marks, trade dress, logos, designs, branded advertising or exterior or interior color schemes identical or similar to, or dilutive of, those of Corner Store or of any other convenience store services xxxx owned as of the Closing by Sellers.