Transferred Entity definition

Transferred Entity means Spinco or any Subsidiary of Spinco immediately before the Distribution.

Transferred Entity shall have the meaning set forth in Section 2.2(a)(i).

Transferred Entity has the meaning ascribed to such term in Section 4(b).

Examples of Transferred Entity in a sentence

• There are not any bonds, debentures, notes or other indebtedness of any Transferred Entity having the right to vote (or that are convertible into, or exercisable or exchangeable for, securities having the right to vote) on any matters on which holders of the Transferred Equity Interests may vote (“Transferred Entity Voting Debt”).

• Upon and subject to the Closing, Seller shall pay to each Transferred Entity Employee a cash amount in respect of any unused vacation accrued through December 31, 2014 under the applicable plan of Seller.

• Each of the Transferred Entities is in material compliance with its obligations pursuant to the Worker Adjustment and Retraining Notification Act of 1988 (the “WARN Act”) and any similar Law and neither Transferred Entity has ordered or implemented a plant closing or mass layoff within the meaning of the WARN Act or any similar Law in the past three (3) years.

• Except as set forth on Section 3.14 of the Sellers Disclosure Letter, there are no claims, by or with respect to any Transferred Entity, pending under any of such insurance policies, or material disputes with insurers with respect thereto.

• None of Sellers, Parent, Affiliates of Parent or any Transferred Entity has received any written notice regarding any cancellation or termination of or refusal of any coverage or rejection of any material claim related to the Transferred Entities under any such insurance policy.

More Definitions of Transferred Entity

Transferred Entity means the Transferred Company and each Subsidiary of the Transferred Company as of the Closing, which Subsidiaries are listed on Section 3.1 of the Seller Disclosure Schedule.

Transferred Entity means AUCA.

Transferred Entity or “Transferred Entities” has the meaning set forth in the Recitals.

Transferred Entity means the Company and each Person to be a Subsidiary of the Company as of the Closing, which Persons are listed on Section 3.1 of the Parent Disclosure Schedule.

Transferred Entity means any Subsidiary of any Seller the equity interests of which constitute an Acquired Asset and any Subsidiaries of such Subsidiaries.

Transferred Entity is any entity listed on Section 1.86 of the Schedules.

Transferred Entity means Everus Construction, Inc. (formerly known as MDU Construction Services Group, Inc.), a Delaware corporation.