Contagion Event Measures definition

Contagion Event Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure, sequester or other directives, guidelines or recommendations promulgated by any Governmental Entity, including the Centers for Disease Control and Prevention and the World Health Organization, in each case, in connection with or in response to a Contagion Event.

Contagion Event Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure, sequester or other directives, guidelines or recommendations promulgated by any Governmental Authority, including the Centers for Disease Control and Prevention and the World Health Organization, in each case, in connection with or in response to a Contagion Event.

Contagion Event Measures means any reasonable action or inaction taken (or not taken) in a manner consistent with applicable Requirements of Law to address a Contagion Event, or to address or comply with any workforce reduction, quarantine, “shelter in place” order, “stay at home” order, social distancing, shut down, closure, sequester, safety or similar Requirement of Law, directive, guideline or recommendation promulgated or issued by applicable Governmental Body having the force of Requirements of Law.

Examples of Contagion Event Measures in a sentence

• Since June 30, 2021, except with respect to the Transactions or changes resulting from or related to the Contagion Event or the Contagion Event Measures, through the date hereof, the business of Purchaser and its Subsidiaries was conducted, in all material respects, in the ordinary course of business.

• Since June 30, 2021 through the date hereof, except with respect to the Transactions or changes resulting from or related to the Contagion Event or the Contagion Event Measures, the business of the Bank and the Transferred Subsidiaries was conducted, in all material respects, in the ordinary course of business.

• The Company has not received any refund of Taxes, Tax credit, deduction or subsidy under the Tax Act or similar provincial provisions applying to the Company (including any refund in respect of research and development investment tax credits, refunds of Taxes, and subsidies in respect of CEWS and other Contagion Event Measures) to which it was not entitled.

More Definitions of Contagion Event Measures

Contagion Event Measures means any reasonable action or inaction by Seller taken (or not taken) to the extent reasonably necessary to address a Contagion Event or address or comply with any workforce reduction, quarantine, “shelter in place,” “stay at home,” social distancing, shut down, closure, sequester, safety or similar Law, directive, guidelines or recommendations promulgated by any industry group or any Governmental Entity, including the Centers for Disease Control and Prevention and the World Health Organization, in each case in connection with or in response to a Contagion Event, including the CARES Act and Families First Act. “Contract” means any agreement, contract, instrument, guarantee, undertaking, lease, note, mortgage, indenture, license or other legally binding commitment or obligation, whether written or oral. “Control” or “Controlled” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities or partnership or other interests, by contract or otherwise. “Covered Employees” means the individuals identified in Section 3.12 of the Seller Disclosure Schedule, and who are employed by Seller, UIM or such other Affiliate of Seller, as applicable, as of immediately prior to the Closing. “Cut-Off Date” means March 31, 2021.

Contagion Event Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure, sequester or other directives, guidelines or recommendations promulgated by any

Contagion Event Measures means commercially reasonable actions for a Party or any of its Subsidiaries to take or refrain from taking in the operation of their business as a result of a Contagion Event to comply with any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure, sequester or other requirements promulgated by any Governmental Entity, including provincial or federal health agencies, the Centers for Disease Control and Prevention and the World Health Organization, in each case in response to a Contagion Event.