Examples of TBA Date in a sentence
At the TBA Date, Seller shall assign to Buyer for collection purposes only all Accounts Receivable.
Seller shall deliver to Buyer on or as soon as practicable after the TBA Date a complete and detailed statement showing the name, amount and age of each Account Receivable.
Buyer shall receive credit to the extent of the value (as calculated in Seller's financial statements consistent with past practice) of any and all advertising time to be run following the TBA Date for which trade or barter consideration has been received by the Seller prior to the TBA Date.
With respect to each leasehold or subleasehold interest included in the Real Property being conveyed under this Agreement, as of the TBA Date, the lease or sublease creating such interest is in full force and effect and the Seller knows of no defaults under such lease or the existence of any event which, after the passage of time and applicable notice or cure periods, would constitute a default under such lease or sublease.
Prior to the TBA Date, Seller shall deliver to Buyer a list of all Contracts entered into between the date of this Agreement and the TBA Date, together with copies of such Contracts.
Each party shall deliver to the other on or as soon as practicable after the earlier to occur of the applicable TBA Date or the Closing Date (but, in any event, within ten (10) days after such earlier date) a complete and detailed statement showing the name, amount and age of each Account Receivable of its Stations.
As soon as reasonably practicable following the TBA Date, Seller will cause the account balances of all Hired Employees in the Seller's 401(k) Plan to be distributed to the Hired Employees in accordance with the terms of Seller's 401(k) Plan.
The "Group II/III TBA Date" and the "Group V TBA Date" shall mean the dates on which the Group II/III TBA and Group V TBA, respectively, are executed and delivered.
From and after the date hereof to the first anniversary of the Closing Date, neither Seller nor any affiliates of Seller shall solicit for employment any employee of the Station; provided, however, that the foregoing shall not apply to any employee of the Station who is terminated by Buyer after the TBA Date.
The Purchase Price shall be adjusted to reflect (i) any adjustments or prorations made and agreed to as of the TBA Date as provided in Section 2.4 herein, (ii) to the extent the parties agree on a specific allocation of such amount to the Noncompetition Agreement set forth on Section 6.5 herein, and (iii) the increase, if applicable, provided for in Section 6.12 herein.