Examples of Delayed Company in a sentence
In addition, to the extent that it is contemplated that any Delayed Company Interests are to be conveyed, assigned, transferred and delivered to Buyer pursuant to a Local Purchase Agreement, such Delayed Company Interests shall be conveyed, assigned, transferred and delivered to Buyer pursuant to such Local Purchase Agreement.
Notwithstanding the foregoing, neither Seller nor any FH Share Seller makes any representation or warranty that any such consent or approval shall be obtained either prior to, on or after the Closing Date and neither Seller nor any of its Subsidiaries shall have any Liability to Buyer or any of its Subsidiaries for failure to obtain any consent, approval or amendment required to convey, assign, transfer and deliver to Buyer the Delayed Company Interests.
Buyer shall indemnify the Seller Indemnified Parties against any Losses arising in connection with the transfer, or attempted transfer, of the Delayed Company Interests, or the FH Shares of the Transferred FH Companies and their Closing Subsidiaries holding Delayed Company Interests, hereunder.
The failure to transfer any Joint Venture Interest or equity interests of any Delayed Company, as the case may be, at Closing shall not be taken into account for purposes of determining whether the conditions contained in Section 7.3(a) or Section 7.3(d) shall have been satisfied.
Notwithstanding the preceding sentence, employees of a Delayed Company who are Conoco Employees shall only be entitled to the benefit set forth in Section 2.06 hereof to the extent such employees hold DuPont SARs and shall not be entitled to such benefit to the extent such employees hold DuPont Stock Options.
Employees of a Delayed Company who are Conoco Employees shall be eligible to participate in any new or existing Conoco employee compensation and benefit plans, subject to the approval of Conoco.
The Devonian to Triassic Boundary Range biotite-feldspar-quartz schist (DTBG) forms the southwest boundary to the main Llewellyn Fault, although additional splay faulting to the southwest is expected.
The provisions of Section 7.2(a), (b), (c), and (e) shall apply to DuPont and the Retained Subsidiaries, such DuPont Transferred Assets and the conduct of that portion of the Retained Business conducted by such Delayed Company attributable to those Assets to the same extent such provisions are applicable to Conoco and its Subsidiaries, the Transferred Assets and the operation of the Conoco Business pursuant to such subsections.
If, following the later to occur of clause (i) and (ii) above (or earlier, with the consent of Conoco), DuPont or the relevant Retained Subsidiary liquidates such Delayed Company, the Net Proceeds of such liquidation shall, if permitted by Law, be remitted to Conoco upon receipt of such Net Proceeds by DuPont or the relevant Retained Subsidiary.
During the Interim Period, DuPont and Conoco will, and will 63 70 cause their respective Subsidiaries to, cooperate and to use commercially reasonable efforts to obtain all required approvals of any Governmental Authorities for any sale or transfer of Assets and assumptions of Liabilities of any Delayed Company relating to the operations and conduct of the Conoco Business.