Retention Obligations definition

Retention Obligations means the requirements and obligations of the Retention Provider as set forth in the Retention Letter.
View Source
Retention Obligations means (i) with respect to Section 3.3(d)(vi), the representations, requirements and obligations of the Retention Holder as set forth in the Retention Letter and (ii) with respect to Section 2.7(i) and Section 11.2, the representations, requirements and obligations of the Retention Holder as set forth in Sections 1(a) through (c) and (f) of the Retention Letter.
View Source
Retention Obligations has the meaning set forth in Section 8.1(d).
View Source

Examples of Retention Obligations in a sentence

  • However, neither the Borrower nor any Shareholder may assign or delegate any of its rights or obligations under this Agreement or any other Financing Document without the prior consent of the Senior Lenders, except as contemplated by Section 6 (Share Retention Obligations).

  • Except as contemplated by Section 5 (b) (Assignment and Grant of Security Interest by the Sponsor Parties) and to the extent consistent with Section 6 (Share Retention Obligations), no Sponsor Party shall, without the prior written consent of the Secured Parties, assign, transfer, encumber or otherwise dispose of all or part of its interest in any Sponsor Subordinated Debt to any Person.

  • This Trust Agreement shall be construed, administered and enforced according to the Internal Revenue Code and, where state law is applicable, under California laws, fairly, equitably and, as applicable, in accordance with the purposes of the Severance Obligations, the PTO Obligations, and the Retention Obligations.

  • Final report [and ‘financial expenditure report’ if enhanced compliance is required] [dd/mm/yyyy] Declaration of compliance with Data Retention Obligations On achieving compliance with the Act.

  • Upon the execution of this Agreement and continuing through June 1, 2011 (the “Retention Period”), subject to the next succeeding sentence, the Executive will devote his full time and attention during normal business hours to the business and affairs of the Company and its subsidiaries, including, without limitation, the satisfactory completion of the Retention Obligations.

  • Within ten (10) Business Days following Closing, Seller shall cause all outstanding amounts and payments due and owing under the Retention Agreements to be paid in full such that there shall be no remaining Liabilities under any Contracts evidencing the Seller Retention Obligations, and Seller shall deliver to Buyer within ten (10) Business Days following Closing evidence of such payments in a form reasonably satisfactory to Buyer.

  • Notwithstanding the foregoing and subject to the provisions of Section 5.10 regarding Seller liability for the Seller Retention Obligations, Buyer shall be responsible for any severance pay or other liabilities as set forth in plans or policies (listed on Exhibit D) with respect to any Transferred Employee.

  • Equity Interest Retention Obligations 10 3.01 Equity Interest Retention Obligations of the Equity Parties 10 3.02 Effect of Violation of Section 3.01 10 Section 4.

  • Employee Retention Obligations and pro-rated Employee 2019 bonus amounts payable to Employees, shall be for the account of the Purchaser.

  • Buyer shall be responsible for and pay the Buyer Retention Obligations, provided that Buyer's maximum aggregate liability for Buyer Retention Obligations shall be $2,925,798.