DIVISION OF THE. SPECIFICATIONS
DIVISION OF THE regular working hours of catering staff
DIVISION OF THE. Straddle Period. In order to apportion appropriately any Taxes relating to a Straddle Period, the parties hereto shall, to the extent permitted under applicable Legal Requirements, elect with the relevant Governmental Authority to treat for all purposes the Closing Date as the last day of the Tax year or period of the Company. In any case where applicable Legal Requirements do not permit the Company to treat the Closing Date as the last day of the Tax year or period with respect to Taxes that are payable with respect to a Straddle Period, the portion of any such Tax that is allocable to the portion of the Straddle Period ending on the Closing Date will be:
DIVISION OF THE. NET CASH SURRENDER VALUE OF THE INSURANCE POLICIES If the Insurance Policies are surrendered, the Corporation shall thereupon be entitled to receive the Net Payment Amount less any repayments made by the Trustees to the Corporation prior to such surrender, and the Trustees, or their assigns, shall be entitled to receive any balance of such cash surrender value. To the extent that the cash surrender value is not sufficient to pay in full the Net Payment Amount less any repayments made by the Trustees to the Corporation prior to such surrender, the Trustees shall be liable to the Corporation for the amount of such insufficiency.
