Repurchased Unit and “Repurchased Units” have the meanings given to such terms in the recitals hereto.
Repurchased Unit. As defined in Section 1.8(a). “Response” - As defined in Section 11.4(b). “Restricted Business” - As defined in Section 14.5(a)(i). “Restricted Period” means the period beginning on the Closing Date and ending on the fifth anniversary of the Closing Date. “Restricted Territory” - As defined in Section 14.5(a). “Restrictive Period” - As defined in Section 14.5(b). “Retained Assets” means the following: (i) all cash and cash equivalents and marketable securities of Seller; (ii) employment records required by Law to be maintained by Seller, Seller’s corporate seal, if any, minute books and stock or membership record books, the general ledgers and books of original entry, all Income Tax returns and other Income Tax records (to the extent they relate to the Business), reports, data, files and documents, to the extent not required to conduct the Business; (iii) all claims relating to Tax refunds, credits, abatements, rebates, duty drawbacks and other governmental charges of whatever nature relating to pre- Closing periods; (iv) all insurance policies and rights, including premium refunds; (v) all foreign currency hedging contracts;
Repurchased Unit. As defined in Section 1.7(a). “Response” - As defined in Section 11.4(b). “Restricted Business” - As defined in Section 14.5(a)(i). “Restricted Period” means the period beginning on the Closing Date and ending on the fifth anniversary of the Closing Date.
Examples of Repurchased Unit in a sentence
Each Customer Repurchase Notice shall: (i) identify the applicable Transferred Contract, if any, the equipment subject to such Customer Repurchase Obligation (the “Repurchased Unit”) and the amount Purchaser reasonably expects to incur with respect to the Customer Repurchase Obligation; and (ii) state whether Purchaser intends to (A) retain such Repurchased Unit or (B) hold it for resale in accordance with Section 1.8(b) below.
The HVAC equipment shall be warrantied for a minimum of five years.