Examples of Post-Closing Actions in a sentence
Post-Closing Actions 117 ARTICLE VII NEGATIVE COVENANTS Section 7.01.
The Cytec Parties shall provide the Sterling Parties with copies of all correspondence, reports, plans, laboratory data and other papers filed with, sent to or received from any such Governmental Entity which are related to the Post-Closing Actions as promptly as practicable under the circumstances.
If the Environmental Arbitrator decides that such Cost of Remediation is reasonably likely to exceed $10,000,000, Seller may terminate this Agreement, unless the Sterling Parties unconditionally agree to pay all Costs of Remediation of Post-Closing Actions in excess of $10,000,000.
The Environmental Arbitrator shall furnish Seller and Purchaser with a written report of its determination within the 15-business day period referred to above, which report shall (i) be signed by the Environmental Arbitrator, and (ii) identify and describe the Post-Closing Actions, to the extent required.
If the Closing occurs, then Parent shall undertake to complete all Post-Closing Actions, subject to the last sentence of this Section 5.21(e), and shall undertake such Post-Closing Actions in a reasonably expeditious, cost-efficient manner.
The Environmental Arbitrator shall determine the Post-Closing Actions within 15 business days of its appointment.
Post-Closing Actions......................................................................................
The Cytec Parties shall be responsible for the Costs of Remediation in respect of the Post-Closing Actions that are Cytec Determined Actions.
Within three business days after the end of the Sterling Determination Period (the "Cytec Reevaluation Period"), Seller, at its sole option, may terminate this Agreement, unless the Sterling Parties unconditionally agree to pay all Costs of Remediation of Post-Closing Actions in excess of $10,000,000, in which event Seller shall not have the right to terminate this Agreement.
Section 5.7 Post-Closing Actions Which May Affect the Seller's Liability for Taxes..................................................