Common use of Assumption by any Surviving Company Clause in Contracts

Assumption by any Surviving Company. Before the effectiveness of any merger, consolidation, statutory share exchange or similar transaction (including an exchange offer combined with a merger or consolidation) involving the Company (a “Reorganization”) or any sale, lease or other disposition (including by way of a series of transactions or by way of merger, consolidation, stock sale or similar transaction involving one or more subsidiaries) of all or substantially all of the Company’s consolidated assets (a “Sale”), the Company will cause (1) the Surviving Company to unconditionally assume this Agreement in writing and (2) a copy of the assumption to be provided to you. After the Reorganization or Sale, the Surviving Company will be treated for all purposes as the Company under this Agreement. The “Surviving Company” means (A) in a Reorganization, the entity resulting from the Reorganization or (B) in a Sale, the entity that has acquired all or substantially all of the assets of the Company.

Appears in 9 contracts

Samples: Executive Chairman and Ceo Agreement (Eastman Kodak Co), Employment Agreement (Eastman Kodak Co), Employment Agreement (Eastman Kodak Co)

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Assumption by any Surviving Company. Before the effectiveness of any merger, consolidation, statutory share exchange or similar transaction (including an exchange offer combined with a merger or consolidation) involving the Company (a “Reorganization”) or any sale, lease or other disposition (including by way of a series of transactions or by way of merger, consolidation, stock sale or similar transaction involving one or more subsidiaries) of all or substantially all of the Company’s consolidated assets (a “Sale”), the Company will cause (1) the Surviving Company to unconditionally assume this Agreement in writing and (2) a copy of the assumption to be provided to you. After the Reorganization or Sale, the Surviving Company will be treated for all purposes as the Company under this Agreement. The “Surviving Company” means (Ai) in a Reorganization, the entity resulting from the Reorganization or (Bii) in a Sale, the entity that has acquired all or substantially all of the assets of the Company.

Appears in 8 contracts

Samples: Employment Agreement (Eastman Kodak Co), Your Employment Agreement (Hanmi Financial Corp), Employment Agreement (Ca, Inc.)

Assumption by any Surviving Company. Before the effectiveness of any merger, consolidation, statutory share exchange or similar transaction (including an exchange offer combined with a merger or consolidation) involving the Company (a “Reorganization”) or any sale, lease or other disposition (including by way of a series of transactions or by way of merger, consolidation, stock sale or similar transaction involving one or more subsidiaries) of all or substantially all of the Company’s consolidated assets (a “Sale”), the Company will cause (1) the Surviving Company to unconditionally assume this Agreement in writing and (2) a copy of the assumption to be provided to you. After the Reorganization or Sale, the Surviving Company will be treated for all purposes as the Company under this Agreement. The “Surviving Company” means (Ai) in a Reorganization, the entity resulting from the Reorganization or (Bii) in a Sale, the entity that has acquired all or substantially all of the assets of the Company.

Appears in 4 contracts

Samples: Separation and Release Agreement (Alco Stores Inc), Separation and Release Agreement (Duckwall Alco Stores Inc), Separation and Release Agreement (Duckwall Alco Stores Inc)

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Assumption by any Surviving Company. Before the effectiveness of any merger, consolidation, statutory share exchange or similar transaction (including an exchange offer combined with a merger or consolidation) involving the Company (a "Reorganization") or any sale, lease or other disposition (including by way of a series of transactions or by way of merger, consolidation, stock sale or similar transaction involving one or more subsidiaries) of all or substantially all of the Company’s 's consolidated assets (a "Sale"), the Company will cause (1) the Surviving Company to unconditionally assume this Agreement in writing and (2) a copy of the assumption to be provided to you. After the Reorganization or Sale, the Surviving Company will be treated for all purposes as the Company under this Agreement. The "Surviving Company" means (Ai) in a Reorganization, the entity resulting from the Reorganization or (Bii) in a Sale, the entity that has acquired all or substantially all of the assets of the Company. Except as provided in this Section 8(b), the Company may not assign this Agreement without your written consent.

Appears in 1 contract

Samples: Stifel Financial Corp

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