Partial Closing definition

Partial Closing means a permanent cessation of a major discrete portion of the business conducted at a facility which results in the termination of a significant number of the employees of said facility and which affects workers and communities in a manner similar to that of Plant Closings.

Partial Closing is defined in Section 2.7(b).

Partial Closing has the meaning set forth in Section 2.6(a).

Examples of Partial Closing in a sentence

• Partial Closing (Schools Only) For the safety of our students, severe weather may necessitate the closing of schools.

• In addition, an introduction fee of HK$599,991 (approximately CDN$0.1 million) being 2% of the gross proceeds of the Partial Closing, has been incurred in relation to the Partial Closing.

• Change of Operations 52 Change of Operations Committee 52 Change of Operations Committee Procedure 54 Moving Expenses 55 Change of Operations Seniority 56 Closing, Partial Closing of Terminals-Transfer of Work 56 Closing of Terminals-Elimination of Work 61 Layoff 61 Opening of Terminals 61 Definition of Terms 63 Qualifications and Training 63 Intent of Parties 64 Section 7.

• Upon the Partial Closing, the Company received total gross proceeds of HK$20,016,140 (approximately CDN$3.3 million).

• In addition, an introduction fee of HK$400,323 (approximately CDN$0.1 million) being 2% of the gross proceeds of the Partial Closing, has been incurred in relation to the Partial Closing.

• If Your Disability Income Insurance ends due to a Plant Closing or Covered Partial Closing, such insurance will be continued for 90 days after the date it ends.

• Upon the Partial Closing, the Company received total gross proceeds of HK$29,999,560 (approximately CDN$4.9 million).

• In the case of a Partial Closing, each Purchaser shall purchase its percentage of its Third Closing Shares that is equal to the percentage of the aggregate number of Third Closing Shares being issued and purchased at such Partial Closing.

• In the case of a Partial Closing, each Purchaser shall purchase its percentage of its Fourth Closing Shares that is equal to the percentage of the aggregate number of Fourth Closing Shares being issued and purchased at such Partial Closing.

• The parties agree to use commercially reasonable efforts to resolve any dispute that may arise with respect to the Customer Access Lines to be included on the Partial Closing Schedule.

More Definitions of Partial Closing

Partial Closing means a Closing permitted under the provisions of this Agreement with respect to less than all of the Property. In the case of a Partial Closing all of the provisions of this Agreement shall apply with respect to the Property that is to be purchased in connection with such Partial Closing and the Purchase Price in connection with such Partial Closing shall be calculated based on the following allocation of the Purchase Price: $2,600,000 with respect to 0000 Xxxxxxxxxxx Xxxx, Xxxxxxxxx, Xxxx, $12,300,000 with respect to 11540-11630 Xxxxxxxxx Road, Sharonville, Ohio and $3,800,000 with respect to 0000 Xxxxxx Xxxxx, Xxxxxxxx, Xxxxxxxx.

Partial Closing shall have the meaning set forth in Section 9.7.

Partial Closing or “partial closure” means the closure or decommission of one or more but not all CON-approved services offered by a health care facility.

Partial Closing means a Closing permitted to Purchaser under the provisions of this Agreement with respect to less than all of the Properties. In the case of a Partial Closing, all of the provisions of this Agreement shall apply with respect to the Properties subject to such Partial Closing and the Purchase Price in connection with such Partial Closing shall be calculated based on the Purchase Price allocated to the Properties subject to such Partial Closing as set forth on Schedule 1 (and the Deposit shall be applied to such Properties on a prorated basis based on such allocation). If the matters affecting the Property or Properties which have been removed from an initial Partial Closing (or Partial Closings) are subsequently satisfied within 180 days after the initial Partial Closing such that pursuant to this Agreement a Partial Closing is to occur with respect to such Property or Properties, then all provisions of this Agreement shall apply with respect to such Property or Properties at the subsequent Partial Closing and the Purchase Price in connection with such subsequent Partial Closing shall be calculated based on the Purchase Price allocated to the Property or Properties subject to such subsequent Partial Closing as set forth on Schedule 1. Notwithstanding the foregoing as a condition to Purchaser’s obligation to close, the gross revenue from such Property shall not have declined by more than five percent (5%). Further if the matters affecting the Property or Properties which have been removed from an Initial Partial Closing are not satisfied within 180 days after the initial Partial Closing, then Purchaser may elect to terminate this Agreement with respect to such Property.