Deferred Closing definition

Deferred Closing has the meaning set forth in Section 2.9(a).

Deferred Closing means the Deferred Malaysia Closing, Deferred Saudi Closing, the Deferred Bahrain Closing and Deferred Abu Dhabi Closing, as applicable.

Deferred Closing shall have the meaning set forth in Section 9.5.

Examples of Deferred Closing in a sentence

• From and after the Deferred Closing Date until the seventh (7th) anniversary thereof, Purchaser shall preserve or cause to be preserved all pre-Closing Date records to the extent relating to the Business and provided by Seller to Purchaser.

• Seller or one of its Subsidiaries or Affiliates has made available to Purchaser or one of its Affiliates prior to the Closing or Deferred Closing, as applicable, in respect of each Business Benefit Plan required to be listed on Section 3.15(a) of the Seller Disclosure Letter, a true and complete copy of the current plan document or, in the case of any unwritten Business Benefit Plan, a written summary of such Business Benefit Plan’s material terms.

• During the period commencing on the Closing Date or the Deferred Closing Date, to the extent applicable, and ending on the first anniversary of the Closing Date or the Deferred Closing Date, to the extent applicable, Purchaser shall or shall cause its Affiliates to maintain the Employment Terms for each Purchaser Employee during their employment with Purchaser or any of its Affiliates.

• Notwithstanding the foregoing, nothing herein will, after the Closing Date or the Deferred Closing Date, to the extent applicable, impose on Purchaser any obligation to retain any Purchaser Employees in its employment for any amount of time.

• Effective as of the Closing Date or the Deferred Closing Date, as applicable, each non-Business Employee who is a participant in any Purchaser Assumed Benefit Plan, if any, shall cease to accrue benefits under and be an active participant in any such Purchaser Assumed Benefit Plan.

More Definitions of Deferred Closing

Deferred Closing shall have the meaning set forth in Section 2.5(b).

Deferred Closing has the meaning given such term in Section 16.01(a).

Deferred Closing means the Second Investment Closing, the Third Investment Closing and/or the Fourth Investment Closing, as applicable.

Deferred Closing means: (a) with respect to any GSK Delayed Company, completion of the transfer of such GSK Delayed Company by the GSK Group to the Haleon Group; and (b) with respect to any Pfizer Delayed Company, completion of the transfer of such Pfizer Delayed Company by the Pfizer Group to the Haleon Group;

Deferred Closing has the meaning in Section 4.5.

Deferred Closing has the meaning set forth in Section 2.4(i).

Deferred Closing has the meaning set forth in Section 5.1.