Purchasing Companies definition
Examples of Purchasing Companies in a sentence
Any amounts payable by the Purchasing Companies under the Master License Agreement and the Supply Agreement represent agreed upon economic terms relating to licenses, products and services contemplated in such agreements and do not represent an allocation or transfer of any portion of the Worldwide Purchase Price.
None of the amounts payable by the Purchasing Companies for the products or services under the Ancillary Agreements represent an allocation or transfer of any portion of the Worldwide Purchase Price.
The Purchaser shall use (and procure that the other Purchasing Companies use) reasonable endeavours to effect or procure each such transfer or issue as soon as possible within the statutory or other regulatory timeframe for obtaining the same, and ICI shall render all reasonable assistance to the Purchaser to facilitate this.
To the knowledge of Buyer, the amounts payable by the Purchasing Companies under each of the Master Shared Services Agreement and the Leases are based upon historical allocations of costs by the Company attributable to providing similar services, in the case of the Master Shared Services Agreement, or leased space, in the case of the Leases, to the Business prior to the date hereof.
The right of termination under Section 8.1 is in lieu of any other rights the Purchasing Companies or the Selling Companies may have under this Agreement or otherwise for failure of this Agreement to close.
Buyer and the other Purchasing Companies have been formed for the purpose of entering into the transactions contemplated by this Agreement.
Neither Buyer nor any of the other Purchasing Companies has conducted any business, maintained any operations, incurred any Liabilities or entered into any Contracts other than in connection with this Agreement and the Ancillary Agreements and the transactions contemplated hereby and thereby.
With respect to the Business, no Selling Company is relying on any exemption from or deferral of any Law, Governmental Order or Governmental Authorization that would not be available to the Purchasing Companies after the Closing.
The amounts payable by the Purchasing Companies under each of the Master Shared Services Agreement and the Leases are based upon historical allocations of costs by the Company attributable to providing similar services, in the case of the Master Shared Services Agreement, or leased space, in the case of the Leases, to the Business prior to the date hereof.
The Purchasing Companies shall have executed and delivered to Seller the Assumption Agreement and the other Assumption Instruments, and Parent shall have executed and delivered to Seller the Lease Guaranty and a Guaranty of the Purchaser's obligations under the Doral Branch Sublease.