Examples of Target Affiliate in a sentence
Parent shall be entitled to place appropriate legends on the certificates evidencing any Parent Common Stock to be received by a Target Affiliate pursuant to the terms of this Agreement, and to issue appropriate stop transfer instructions to its transfer agent for the Parent Common Stock, consistent with the terms of the Target Affiliate Agreement.
At no time has Target or any Target Affiliate contributed to or been obligated to contribute to any Target Multiemployer Plan.
Target will use its commercially reasonable efforts to deliver or cause to be delivered to Acquiror, as promptly as practicable on or immediately following the date hereof, from each Target Affiliate an executed Affiliate Agreement in substantially the form of Exhibit B --------- (the "Affiliate Agreement"), which will be in full force and effect as of the ------------------- Effective Time.
Target has delivered to Acquiror true, correct and complete copies of all Target Affiliate Contracts.
All Target Affiliate Contracts shall have been terminated and Target shall have paid in full or otherwise satisfied and discharged all obligations under all Target Affiliate Contracts.
Acquiror shall be entitled to place appropriate legends on the certificates evidencing any Acquiror Common Stock to be received by Affiliates of Target pursuant to the terms of this Agreement, and to issue appropriate stop transfer instructions to the transfer agent for the Acquiror Common Stock, consistent with the terms of the Target Affiliate Agreement.
Neither Target nor any Target Affiliate has previously maintained or currently maintains, sponsors, participates in or contributes to a pension plan which is subject to Title IV of ERISA or Section 412 of the Code.
Target shall use its reasonable best efforts to cause each such person who may be at the date of the Target Stockholders Meeting an "affiliate" of Target for purposes of Rule 145 under the Securities Act to execute and deliver to Purchaser at or prior to the Closing the written undertakings in the form attached hereto as Exhibit A (the "Target Affiliate Letter").
Except as set forth in the Target Disclosure Letter, Target has paid in full or otherwise satisfied and discharged all obligations under the Target Affiliate Contracts that are due.
Neither Target, nor any Target Affiliate has at any time ever maintained, established, sponsored, participated in, or contributed to any multiple employer plan, or to any plan described in Section 413 of the Code.