Services in Progress definition
Services in Progress means any at need funeral and/or cemetery related services for which a contract has been entered into, but which has not been completed as of the Effective Time. For purposes of this Agreement, such funeral and/or cemetery related services are complete when the body or remains have been cremated or interred.
Services in Progress has the meaning set forth in Section 1.6(b).
Services in Progress shall have the meaning as set forth in Section 1.3(c).
Examples of Services in Progress in a sentence
Sellers shall transfer any and all payments received in connection with Services in Progress to Buyers within a reasonable time following the Closing.
Seller shall account to Buyer for the amount of any cash or other payments received by it for Services in Progress.
All services in progress as of the Closing Date (the "Services in Progress").
More Definitions of Services in Progress
Services in Progress has the meaning set forth in Section 1.6(b). “▇▇▇▇▇▇▇ Business” has the meaning set forth in the recitals of this Agreement. A-6 “Statement of Allocation” has the meaning set forth in Section 1.8. “▇▇▇▇▇▇▇ Transaction” means the transaction pursuant to that Agreement and Plan of Merger dated May 28, 2013 among Service Corporation International, Rio Acquisition Corp., and ▇▇▇▇▇▇▇ Enterprises, Inc. “Survey” or “Surveys” means, individually and collectively all surveys received by Buyers in relation to the Business, including but not limited to, the following surveys: (a) ALTA/ACSM Land Title Survey Project No. ▇▇▇▇-▇▇-▇▇▇▇:056 prepared by ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, Professional Land Surveyor No. 0403 002186, of First Order, LLC and ▇▇▇▇▇▇▇▇▇▇▇▇, Inc., dated February 2, 2014, (b) ALTA/ACSM Land Title Survey Project No. ▇▇▇▇-▇▇-▇▇▇▇:032 prepared by ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇, of ▇. ▇▇▇▇▇▇▇ Surveyors, Inc. and ▇▇▇▇▇▇▇▇▇▇▇▇, Inc., dated February 17, 2014, (c) ALTA/ACSM Land Title Survey Project No. ▇▇▇▇-▇▇-▇▇▇▇:031 prepared by ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, R.P.L.S. No. 5051, of Red Plains Surveying Company and ▇▇▇▇▇▇▇▇▇▇▇▇, Inc., dated February 9, 2014, and (d) ALTA/ACSM Land Title Survey Project No. ▇▇▇▇-▇▇-▇▇▇▇:084 prepared by ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, R.P.L.S. No. 5051, of Red Plains Surveying Company and ▇▇▇▇▇▇▇▇▇▇▇▇, Inc., dated February 7, 2014. “Tax” or “Taxes” means (a) all taxes, assessments, fees, unclaimed property and escheat obligations, and other charges of any kind imposed by any taxing authority, including income, profits, gross receipts, net proceeds, alternative or add on minimum, ad valorem, value added, turnover, sales, use, property, personal property (tangible and intangible), environmental, stamp, leasing, lease, user, excise, duty, franchise, capital stock, transfer, registration, license, withholding, social security (or similar), unemployment, disability, payroll, employment, social contributions, fuel, excess profits, occupational, premium, windfall profit, severance, estimated, or other charge of any kind whatsoever, including any interest, penalty or addition thereto, whether disputed or not and (b) any liability in respect of any item described in clause (a) above, that arises by reason of a contract, assumption, transferee or successor liability, operation of Law (including by reason of participation in a consolidated, combined or unitary Tax Return) or otherwise. “Tax Return” means any return, declaration, report or similar statement required ...
Services in Progress means any “at need” funeral or cemetery related services (including preneed maturities) for which a contract has been entered into, but which has not been Serviced, as of the Effective Time. For purposes of this Agreement, a funeral or cemetery related service is deemed “Serviced” when the body or remains have been cremated or interred. Seller shall account to Buyer for the amount of any cash or other payments received by it for Services in Progress. Buyer shall be responsible for the delivery of any merchandise remaining after Closing to be delivered under Serviced contracts, whether preneed or at-need, but shall be entitled to all trust withdrawals associated with that merchandise.