Examples of Open Issues in a sentence
Both parties agree to periodically review the appropriateness of the frequency of the Open Issues Report and Operations Call.
Motricity shall provide a weekly Open Issues Report, to be reviewed jointly with AT&T during the weekly Operations Call.
Infospace shall provide a weekly Open Issues Report, to be reviewed jointly with Cingular during the weekly Operations Call.
Substantially contemporaneous with the termination of the Services Agreement and entry into the Certain Open Issues Agreement, on April 13, 2006, GECC exercised its right to expand the Board to nine managers and appoint an additional GECC representative to fill the additional seat.(7) Since the spring of 2006, GE SeaCo has been operated as a stand-alone company, GECC-designated members comprising the majority of the Board.
Moreover, SHLD expressly: (a) represents and warrants that it is not aware of any facts giving rise to any actual or potential claim or cause of action (other than the Open Issues) arising from the Released Claims against any of the SHO Releasees that would not be released as a result of this Agreement; and (b) covenants not to assert in the future any claim or cause of action arising from the Released Claims against any of the SHO Releasees.
During any Negotiation Period, (x) neither Sellers nor Buyer shall exercise any right it may have to terminate this Agreement under Article IX with the respect to the Open Issues which are the subject of that Negotiation Period and (y) neither Sellers nor Buyer shall be obligated to proceed with the Closing.
The Shareholders shall set-aside from the Merger Consideration for the benefit of FiberChem and Pandel Mergerco such number of shares of FiberChem Common Stock for such periods to be mutually negotiated specifically based upon FiberChem determining during its due diligence prior to the Closing that there are open issues for which an escrow needs to be created (the "Open Issues"; such shares so set aside being called the "Open Issues Escrow Shares").
The Parties undertake to procure that the Accountant shall then finally resolve the Open Issues by way of a binding advice ("bindend advies") in accordance with this Agreement and that the Accountant shall notify the Parties of his decision, inter alia certifying the amounts of the Net Working Capital and the Net Outstanding Indebtedness which he has established, as promptly as possible and in any event no later than eight weeks after his appointment.
Subject to Section 11.01, SELLER and BUYER agree that they will use their commercially reasonable efforts to negotiate with each other to resolve the Open Issues and to finalize the Open Agreements on or before September 1, 2000.
The failure of either the Seller or the Purchaser to timely submit to the Accountant a written statement of its position or to otherwise fail to respond to any request of the Accountant for information shall not preclude or delay the Accountant's determination of the Open Issues on the basis of the information which will have been submitted.