Examples of First Stage Closing Date in a sentence
Prior to the First Stage Closing Date, Buyers shall meet with each Business Employee who has an Employment Agreement set forth on Schedule 3.8(a) (other than those set forth on Schedule 5.4(a)), explain to such Business Employee his or her contemplated position within Buyers and make a corresponding offer of employment.
The provisions of this Section 5.02 shall terminate immediately upon the First Stage Closing Date.
The representations and warranties of Buyers and Sellers contained in this Agreement and in any Collateral Agreement shall survive the First Stage Closing Date for eighteen (18) months, except the Environmental Warranties which shall survive for three (3) years, Tax Warranties which shall survive for the applicable statutes of limitations plus ninety (90) days and Title and Authorization Warranties which shall survive forever.
For each month ending after the date of this Agreement and prior to the First Stage Closing Date, as soon as available but in any event within twenty (20) days after the end of each such month, Sellers shall deliver to Buyers an unaudited consolidated balance sheet and profit and loss for the Business (which for purposes hereof may include the Retained Business) in substantially the form of the Monthly Statements.
Likewise, if you have not already contributed the maximum to your 401(k) prior to June 1, you may still be able to reach the maximum amount for 2021 by increasing your contribution percentage in each paycheck.
The Buyers may not employ any vice-president or higher of Sellers, as set forth on Part II of Schedule 5.4(a) (each, a "Seller Vice-President"), to whom they extend an offer, but which such Seller Vice President declines such offer, for two (2) years after the First Stage Closing Date, unless the Buyers agree to compensate Sellers for the severance costs associated with such Seller Vice President.
Each offer of employment shall provide for a base salary no less than their base salary as an employee of Sellers as of the First Stage Closing Date and health, welfare, retirement and severance benefits as shall be applicable to comparable Buyers' employees generally.
On or before the First Stage Closing Date, the Broadwing Technology Services, Inc.
For the avoidance of doubt, if there is a breach of a representation of warranty as of the First Stage Closing Date that is continuing through the Second Stage Closing Date, the foregoing sentence shall not prevent the making of a claim for indemnification in connection with the Second Stage Acquisition with respect to such breach within the period described in clause (ii) of the preceding sentence.
Buyers have as of the date hereof, and will have as of the First Stage Closing Date, sufficient cash, available lines of credit or other sources of immediately available funds to enable it to pay the Purchase Price.