Examples of Parent Successor in a sentence
Except pursuant to either the immediately preceding sentence or an assumption by a Parent Successor, the rights and obligations of Parent and Employer pursuant to this Agreement may not be assigned, in whole or in part, by Parent or Employer to any other person or entity without the express written consent of Employee.
In the event that any determination by the Accountants or otherwise regarding the treatment of Covered Payments as “parachute payments” within the meaning of Section 280G of the Code is subject to any audit, examination or any other proceeding (a “Proceeding”) by the Internal Revenue Service or other governmental agency, the Company or Parent Successor may assume the defense of such Proceeding at the expense of the Company or Parent Successor.
Parent, the Successor GP, HWG, LLC and the Sellers agree that the Escrow Agent does not assume any responsibility for the failure of Parent, Successor GP, the Parent Indemnitee or any of the Sellers to perform in accordance with the Purchase Agreement or this Agreement.
What happens to these detriment people is that everybody is projecting on them that they have the direction and they push everybody away because they do not want to be interfered with and they keep their direction for themselves.
Any Parent Security or Parent Successor Security of the undersigned shall contain a restrictive “lock-up” legend governed by the terms of this Letter Agreement.