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.
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.
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.
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.
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.
If the disposal of any of the Delayed Companies fails to complete, this may have a material adverse effect on the Group insofar as it may create uncertainty for the customers, management and employees of the relevant Delayed Company as to the Group’s future intentions for that Delayed Company.
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.
Upon such sale or transfer, all duties and obligations 62 69 of DuPont or any Retained Subsidiary with respect to such Delayed Company shall thereupon cease except as otherwise provided in this Agreement.
DONALD NICHOLS RESIGNS AS CHIEF EXECUTIVE OFFICER, TO REMAIN AS CHAIRMAN OF THE BOARD; INTERIM OFFICE OF CEO CREATED Year-End Results Delayed; Company Expects to Restate 1994-1998 Results; Committee Created to Search for Permanent CEO ATLANTA, February 14, 2000 - JDN Realty Corporation (NYSE: JDN) today announced that J.