German Affiliate definition
Examples of German Affiliate in a sentence
Shipment shall be to the location directed by the German Affiliate.
At no time shall Purchaser or any of its Affiliates or Seller or any of its Affiliates make any statement to any German Employee or take any other action encouraging a German Employee to object to his or her transfer to Purchaser or the German Affiliate, as the case may be.
For all payments made by German Affiliate in connection with an Agreement, the German Affiliate shall be the only one that is entitled to claim any German specific Research & Development tax credits.
Each German GmbH Employee will be offered employment by Purchaser or the German Affiliate pursuant to Section 8.01(a) by way of a three-party-agreement transferring the employment immediately with effect as of the German Transfer Date, and within such employment agreements the transfer of the German NRB Assets shall be a condition precedent.
Timken Germany GmbH and Purchaser or the German Affiliate, as the case may be, shall faithfully cooperate on such three-party-agreements.
Each certificate for shares of Sovereign Common Stock issued in exchange for certificates for ML Common Stock pursuant to Section 1.02(g)(i) hereof will be dated the Effective Date and be entitled to dividends and all other rights and privileges pertaining to such shares of stock from and after the Effective Date.
Steering Committee meetings shall be held at times and places or in such form, such as by telephone or video conference, as the Steering Committee determines, except that in-person meetings of the Steering Committee will alternate between the Parties’ offices within the continental United States or at the offices of the German Affiliate of BASF and be held with all members in attendance at least twice per year, unless otherwise agreed in writing by the Parties.
Notwithstanding anything else contained in the Agreement (including all attachments thereto and any documents incorporated by reference) to the extent the terms of this Supplement conflict or are inconsistent with the terms of the Agreement, the terms of this Supplement shall take precedence over any other terms of the Agreement with respect to a German Affiliate.
Purchaser or the German Affiliate, as the case may be, shall fully replace Timken Germany GmbH in its capacity as employer of the German GmbH Employees and assume all rights and duties within the employment relationship.