Worldspan Closing definition
Examples of Worldspan Closing in a sentence
This Agreement has been negotiated and agreed by the parties to govern the terms and conditions upon which the relevant Galileo Group Company or NDC shall provide the Galileo Services and, upon the Worldspan Closing, the Worldspan Services.
In the event that the Worldspan Closing does not occur, then Galileo shall provide Subscriber one (1) full-time employee for such purposes with respect to the Galileo Services.
Notwithstanding the preceding, within ninety (90) days of the Worldspan Closing date, the Parties shall mutually agree on a process and procedures regarding capacity planning that are to be in place for the remaining Term of the Agreement.
For the avoidance of doubt, the Galileo Services and, upon the Worldspan Closing, the Worldspan Services, referred to in this Section 2 are to be provided by each of the relevant Galileo Group Companies or NDCs who shall at all times remain responsible for the delivery and provision of those services, notwithstanding that the liability of Galileo to meet such obligations shall at all times remain exclusively with GILLC and GNBV.
With respect to the Worldspan Services, this Agreement will start on the Worldspan Closing date (“Worldspan Services Effective Date”).
If the Worldspan Closing occurs on or before December 31, 2007, during the 2007 Contract Year Subscriber agrees to make a minimum of either (a) (***) Segments or (b) the total number of Segments made by the Orbitz Domestic Agencies through the Travelport GDSs during the 2007 Contract Year (including all segments made by Orbitz, LLC through the Worldspan CRS during 2007 prior to the Worldspan Closing date), whichever is greater (“Domestic Annual Minimum”).
In the event that the Worldspan Closing does not occur, then the Domestic Annual Minimum shall be either (a) (***) Segments or (b) the total number of Segments made by the Orbitz Domestic Agencies through the Galileo Services during the 2007 calendar year, whichever is greater, and adjusted as specified in the preceding sentence at the beginning of the 2008 and each subsequent Contract Year.
Galileo (through the applicable Galileo Group Company or NDC) shall provide the Hardware and telecommunications lines listed in the attached Custom Terms and Conditions Attachments and/or Services Summaries in connection with Galileo Services and, if the Worldspan Closing occurs, the telecommunications lines provided under the Orbitz – Worldspan Agreement (as defined in the Custom Terms and Conditions Attachment (Worldspan Services) as of the Worldspan Services Effective Date.
On the Worldspan Closing Date after giving effect to the Worldspan Transactions, the Loan Parties, on a consolidated basis, are Solvent.
In the event that the Worldspan Closing does not occur, then the Domestic Annual Minimum shall be either (a) ________ Segments or (b) the total number of Segments made by the Orbitz Domestic Agencies through the Galileo Services during the 2007 calendar year, whichever is greater, and adjusted as specified in the preceding sentence at the beginning of the 2008 and each subsequent Contract Year.