OMEGA Sample Clauses

OMEGA. The term "Omega" shall mean: Omega Health Systems of Indiana, Inc., an Indiana corporation, which is one of the Partners under this Agreement.
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OMEGA. OMEGA shall cause the MSO to comply with its obligations under this Article 2 and this Agreement.
OMEGA. “Omega” means Omega, each subsidiary of Omega as of the date of this Agreement and as of the Distribution Date, and any time thereafter the Distribution Date, and each Person that becomes a Subsidiary of Omega after the Distribution Date.
OMEGA. Should Purchaser or Omega expend or incur, within one (1) calendar year of the Closing Date, Damages greater than Five Hundred Thousand and No/100s U.S. Dollars ($500,000.00 USD) arising from or relating to (a) any material violation or material non-compliance with Environmental Laws relating to the Omega Assets, (b) any material defect, cloud upon, or lack of Defensible Title in and to the real property comprising all or a portion of the Omega Assets, (c) bringing the Omega Assets into full operational capacity and functionality and the commencement of operations related thereto without a subsequent cessation of operations for more than one hundred (180) consecutive days, or (d) any Third Party Claim(s) brought against Purchaser or Omega, then Sellers shall be required to reimburse Purchasers for all such Damages in excess of $500,000.00 USD up to a maximum of Thirty Million and No/100s U.S. Dollars ($30,000,000.00 USD) (the “Omega Damages Reimbursement”). The Omega Damages Reimbursement shall be paid by Sellers in Purchaser Preferred Stock. Notwithstanding anything contained hereto the contrary, the remedies offered by this Section 8.6 shall be the sole and exclusive remedy of the Parties with respect to the Omega Assets.

Related to OMEGA

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • Health Care The Company will reimburse the Executive for the cost of maintaining continuing health coverage under COBRA for a period of no more than 12 months following the date of termination, less the amount the Executive is expected to pay as a regular employee premium for such coverage. Such reimbursements will cease if the Executive becomes eligible for similar coverage under another benefit plan.

  • Limited Liability Company Agreement The Member hereby states that except as otherwise provided by the Act or the Certificate of Formation, the Company shall be operated subject to the terms and conditions of this Agreement.

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