Post-Closing Operation by Seller Sample Clauses

Post-Closing Operation by Seller. Buyer intends to hire the field employees of Seller engaged in the operation of the System after the Closing. However, Buyer desires not to hire such personnel prior to December 2, 2003, one (1) day after Closing. Therefore, to accommodate Buyer, Seller shall continue to use its employees to operate the System until 12:01 a.m. December 2, 2003. Buyer shall pay to Seller at Closing Seller's cost of continuing to operate the System in the amount of $7,227.97. Seller shall have no liability for any loss, damage or expense (other than its own payroll cost) incurred or suffered during the one (1) day period covered by this provision except those incurred as a result of the gross negligence or intentional wrongdoing of Seller, and Buyer agrees to release Seller from the same.
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Related to Post-Closing Operation by Seller

  • Post-Closing Operations After the Closing, ACQUIRED COMPANY will be a wholly-owned subsidiary of the Company subject to the terms and conditions outlined in this Agreement. ACQUIRED COMPANY shall be responsible to report to the Company all financial matters and newsworthy events as they materialize, as Seller recognizes Company is a publicly traded company and has certain material obligations of disclosure pursuant to state and federal laws, statutes and regulations.

  • Acquisition by Seller The Asset was acquired by Seller in March 2021.

  • Termination by Sellers This Agreement may be terminated at any time prior to the Closing Date by Sellers as follows:

  • Post-Closing (a) Take all necessary actions to satisfy the items described on Schedule 7.12 (as may be updated pursuant to this Agreement) within the applicable period of time specified in such Schedule (or such longer period as the Administrative Agent may agree in its sole discretion).

  • Termination by Seller This Agreement may be terminated by Seller and the purchase and sale of the Station abandoned, if Seller is not then in material default, upon written notice to Buyer, upon the occurrence of any of the following:

  • Post-Closing Deliverables On or before the Closing Date, the applicable Seller shall deliver to Buyer the following:

  • Post-Closing Items (a) The Loan Parties shall take all necessary actions to satisfy the items described on Schedule 5.16 within the applicable periods of time specified in such Schedule (or such longer periods as the Administrative Agent may agree in its sole discretion).

  • Closing Deliveries by Seller At the Closing, Seller shall deliver or cause to be delivered to Purchaser:

  • Termination by Purchaser This Agreement may be terminated by Purchaser at any time prior to the Effective Time:

  • Deliveries by Seller at Closing At the Closing, Seller shall deliver or cause to be delivered to Buyer the following:

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