Closing Date Employees definition

Closing Date Employees shall have the meaning set forth in Section 5.8(a).
Sample 1Sample 2
Closing Date Employees has the meaning specified in Section 7.01(a).
Sample 1Sample 2Sample 3
Closing Date Employees has the meaning set forth in Section 10.1(a)(ii).
Sample 1Sample 2

Examples of Closing Date Employees in a sentence

  • During the period from September 1, 1995 until the Closing Date, Employee's base salary (as defined in the Agreement) shall continue to be paid at the base salary rate paid during the 1995 fiscal year.

  • Such Seller shall permit Buyer to make offers of employment to the Closing Date Employees, effective as of the Closing Date, and, except as otherwise provided in this Section 5.8(a), to make offers of employment to the Toledo Employees, effective as of the Conversion Date.

  • Effective as of the Closing Date, Employees (to the extent that they accept Buyer's offer of employment pursuant to Section 5.4) shall commence participating in the health plans of Buyer (the "Buyer's Health Plans").

  • Such Seller agrees that effective as of the Conversion Date, all Toledo Employees who become employed by Buyer as of such date shall be fully vested in their account balances in the General Xxxxx VIP 401(k) Plan, and effective as of the Closing Date, all Closing Date Employees who become employed by Buyer as of such date shall be fully vested in their account balances in the defined contribution plan(s) listed on SCHEDULE 5.8(e).

  • In making this warranty, MHP is relying upon the agreement of Purchaser to offer employment to (and, if an offer is accepted, to hire effective as of 12:01A.M. on the Closing Date), Employees, as provided for in Section 5.1 of this Agreement.

  • Buyer shall use any credit against the Purchase Price provided to Buyer in respect of Accrued Paid Time Off for Closing Date Employees pursuant to Section 5.8(c) to cover expenses relating to Accrued Paid Time Off for Closing Date Employees who become employed by Buyer as of the Closing Date.

  • At the Closing Date, General Xxxxx will provide Buyer with a schedule of Accrued Paid Time Off for Closing Date Employees who become employed by Buyer as of such date and will provide for a credit against the Purchase Price payable by Buyer equal to the dollar value of such Accrued Paid Time Off.

  • Such Seller agrees that effective as of the Conversion Date, all Toledo Employees who become employed by Buyer as of such date shall be fully vested in their accrued benefits in the defined benefit plan(s) listed on SCHEDULE 5.8(f), and effective as of the Closing Date, all Closing Date Employees who become employed by Buyer as of such date shall be fully vested in their accrued benefits in the defined benefit plan(s) listed on SCHEDULE 5.8(f).

  • Closing Date Employees who accept offers of employment from Buyer shall become employees of Buyer as of the Closing Date.

  • As soon as practicable following the Closing Date, Buyer shall establish or designate a defined benefit plan for the benefit of the Closing Date Employees who become employed by Buyer as of the Closing Date or thereafter, and Buyer shall take all necessary action, if any, to qualify such plan under the applicable provisions of the Code, and to make any and all filings and submissions to the appropriate Governmental Entities required to be made by it in connection with such establishment or designation.


More Definitions of Closing Date Employees

Closing Date Employees means (i) employees of Pillsbury or its Subsidiaries who primarily provide services to the Business at the Minneapolis headquarters and are listed on SCHEDULE 5.8(a)(ii), and (ii) field sales employees of Sellers or their Subsidiaries who are listed on SCHEDULE 5.8(a)(ii), in each case to the extent the employment of such employees is not terminated prior to the Closing Date. To the extent any new employees are hired for the Business at the Minneapolis headquarters between the date of the Original Asset Purchase Agreement and the Closing Date, Sellers shall make additions to SCHEDULE 5.8(a)(ii) to reflect such employees.
Sample 1
Closing Date Employees shall have the meaning set forth in Section 6.9(a). Closing Date Payment. “Closing Date Payment” means an amount equal to the sum of (a) the Purchase Price, plus (b) the Preliminary Net Working Capital, minus (c) the Baseline Net Working Capital. Code. “Code” means the Internal Revenue Code of 1986, as amended.
Sample 1
Closing Date Employees means employees of NICC or its subsidiaries who primarily provide services related to the Distribution Assets and are listed on Schedule 1.1(a), subject to Section 5.9(a), to the extent the employment of such employees is not terminated prior to the Closing Date either (x) voluntarily by such employees, or (y) by NICC for performance reasons or for cause in the ordinary course of business consistent with past practice; to the extent that any new employees are hired by NICC between the date hereof and the Closing Date and are to be made available to Buyer for employment pursuant to this Agreement, NICC shall make additions to Schedule 1.1(a) to reflect such employees.
Sample 1
Closing Date Employees means (x) all active employees of the Company and its Subsidiaries as of the Closing Date (immediately prior to the consummation of the Contemplated Transactions) and (y) upon their return to active employment, any employees of the Company or any of its Subsidiaries who are, as of the Closing Date (immediately prior to the consummation of the Contemplated Transactions), on disability, medical leave or other authorized leave that are set forth on Schedule 12.1.1(e).
Sample 1
Closing Date Employees means all employees of the Acquired Asset Entities who are in good standing on the Closing Date, except those employees listed on Exhibit M-1 hereto (the “Remaining Employees”).
Sample 1

Related to Closing Date Employees

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Excluded Employees means those employees listed on Schedule 1.1(w);