EMEA Designated Purchaser definition

EMEA Designated Purchaser has the meaning attributed to that term in the EMEA Asset Sale Agreement.
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EMEA Designated Purchaser has the meaning given to that term in Clause 4.4 (EMEA Designated Purchasers);
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Examples of EMEA Designated Purchaser in a sentence

  • The Purchaser undertakes to (or shall cause the relevant EMEA Designated Purchaser to) perform and discharge at its own cost all of the EMEA Assumed Contract Liabilities.

  • The Purchaser shall, or shall procure that the relevant EMEA Designated Purchaser shall, be responsible for paying sums due under the SIC Plan in respect of the EMEA Transferring Sales Employees to the extent accrued after the Closing Date.

  • This obligation on Nortel Switzerland will apply only to the extent that it is required by the applicable Law and the Purchaser, or the appropriate EMEA Designated Purchaser, continues to pay the employer’s contributions and related costs to, and continues to arrange for the employees’ contributions to be paid to, the appropriate EMEA Seller Pension Plan in Switzerland with respect to the period beginning on and after the Closing Date.

  • Legal title, equitable title and risk of loss with respect to the EMEA Assets will transfer to the Purchaser or the relevant EMEA Designated Purchaser, and the EMEA Assumed Liabilities will be assumed by the Purchaser or the relevant EMEA Designated Purchasers simultaneously in all jurisdictions at such time as the Closing actually occurs.

  • If however, such consents are received within one year after the Closing Date, such Non-Assignable Contract will become an EMEA Assigned Contract as of the effective date of such Consent and shall be assigned or novated, as applicable, by the relevant EMEA Seller to the Purchaser or relevant EMEA Designated Purchaser in accordance with this Agreement.

  • The Purchaser shall, or shall procure that the relevant EMEA Designated Purchaser shall, pay such calculated sums (and any related Taxes arising out of such payment) to the EMEA Transferring Sales Employees within 20 Business Days of the receipt of such calculations from the EMEA Sellers”.