Purchaser Employees definition

Purchaser Employees means the employees of the Purchaser and its Subsidiaries.
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Purchaser Employees shall have the meaning ascribed to it in Section 6.18(a) hereof.
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Purchaser Employees has the meaning set forth in Section 8.1. -------------------
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Examples of Purchaser Employees in a sentence

  • Any such fidelity bond and errors and omissions insurance shall protect and insure Purchaser against losses, including forgery, theft, embezzlement, fraud, errors and omissions, failure to maintain any insurance policies required pursuant to this Exhibit, and negligent acts of such Purchaser Employees.

  • Purchaser shall maintain, at its own expense, a blanket fidelity bond and an errors and omissions insurance policy, with broad coverage on all officers, employees or other persons acting in any capacity requiring such persons to handle funds, money, documents or papers relating to the Mortgage Loans ("Purchaser Employees").

  • Between the date of this Agreement and Closing, Seller and the Purchaser shall cooperate in good faith to agree a protocol in relation to, inter alia, (i) the Purchaser’s communication with Business Employees who are expected to be Purchaser Employees; (ii) the conduct of any employee information and consultation processes; and (iii) the process for making offers of employment to Business Employees who are expected to be Purchaser Employees.

  • After the date of this Agreement, Seller and Purchaser shall cooperate promptly and in good faith in preparing the transition of the Purchaser Employees, as applicable, from coverage under the Business Benefit Plans to coverage under the Purchaser Benefit Plans and/or the Miraclon Entity Benefit Plans in accordance with this Section 5.6 effective as of the Closing Date or the Deferred Closing Date, as applicable.

  • Notwithstanding the foregoing, nothing herein will, after the Closing Date or the Deferred Closing Date, to the extent applicable, impose on Purchaser any obligation to retain any Purchaser Employees in its employment for any amount of time.

  • Purchaser also shall credit New Purchaser Employees for amounts paid under Target Benefit Plans for the plan year for purposes of applying deductibles, co-payments and out-of-pocket maximums under the employee benefit plans of Purchaser.

  • Purchaser (or one of its Affiliates) shall cause the Purchaser FSAP to assume the account balances (whether positive or negative) associated with the Purchaser Employees’ flexible spending accounts under the Seller FSAP (the “Transferred Account Balances”), and the Purchaser FSAP shall be responsible for reimbursement of all previously unreimbursed medical and dependent care claims incurred by the Purchaser Employees in such calendar year.

  • Purchaser shall be responsible for any and all wages, bonuses, commissions, employee benefits and other compensation that may be due to the Purchaser Employees arising out of their employment with Purchaser after the Closing.

  • However, these mechanisms do not suggest an unambiguous link between government size and growth.

  • As of the Closing, all of the Purchaser Employees will cease participation in any of the Employee Benefit Plans that such Purchaser Employees participated in immediately prior to the Closing that are not Assumed Plans.


More Definitions of Purchaser Employees

Purchaser Employees means the Employees of Sellers who accept an offer of employment with Purchaser based on the initial terms and conditions set by Purchaser.
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Purchaser Employees has the meaning set forth in Section 8.1(c).
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Purchaser Employees means all Purchaser Sales Force Personnel and, from and after the applicable Employee Transfer Date for any Transferred Employee, such Transferred Employee.
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Purchaser Employees means (i) the Select Purchaser Employees, (ii) the Exclusive Purchaser Employees, (iii) the Agreed Purchaser Employees and (iv) those Undetermined Shared Employees allocated as Purchaser Employees pursuant to the methodology contained in Section 5.06(i).
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Related to Purchaser Employees

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Servicer Employees As defined in Section 2.12.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

  • Hired Employees shall have the meaning set forth in Section 7.5(a).

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each "employee benefit plan," within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Servicer Employee As defined in Section 3.18.

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Transferring Supplier Employees means those employees of the Supplier and/or the Supplier’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Owner-Employee means a Self-Employed Individual who is a partner and owns more than 10% of either the capital or profits interest of the partnership.