Executory Period definition
Examples of Executory Period in a sentence
During the Executory Period, the Company shall take all necessary actions to terminate the Phantom Equity Plan effective as of, and contingent upon the consummation of the transactions contemplated hereby.
During the Executory Period, the Company shall provide Buyer with reasonable access to the Company’s information technology systems and networks (including e-mail tenant and domain registrars) and shall provide commercially reasonable resources and cooperation for the purpose of preparing for the transition of any documentation, books, records and other information, as applicable, to Buyer’s system.
During the Executory Period, the Company will take all necessary actions to terminate the Xxxxxx Electric Company Employees Profit Sharing Plan (the “Profit Sharing Plan”), contingent upon the occurrence of the Closing, with such termination to be effective prior to the Closing Date.
No Representative of any Seller has any authority, express or implied, to make any agreements, covenants, representations or warranties not specifically contained in ARTICLE III and ARTICLE V (in each case, as modified by the Disclosure Schedule, including any update by the Sellers during the Executory Period), the Transaction Documents and the certificates executed and delivered by the Sellers at Closing.