Premier Sample Clauses
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Premier. In the event that Seller is not able to transfer its interest in Premier, Inc. or Premier Purchasing Partners, LP to Buyer at Closing, Seller shall liquidate its interests in such entities and include the proceeds thereof in the Assets conveyed to Buyer at Closing. If such interest is not liquidated until after Closing, Seller shall deliver the net proceeds of any such liquidation to Buyer promptly after receipt of same.
Premier. Premier is a Virginia corporation, having its principal place of business in Winchester, Virginia.
Premier. The authorized capital stock of Premier consists of 1,000 shares of common stock, no par value, 1,000 of which are issued and outstanding. All such outstanding shares have been duly authorized and validly issued and are fully paid and non-assessable.
Premier. Premier is an Affiliate of the other Sellers.
Premier. To hire, discharge and supervise all labor and contractors for the operation and maintenance of the premises. It is agreed that all contractors shall be deemed employees of Owner and not Agent, and that Agent may perform any of its duties through Owner's attorney's agents or employees and shall not be responsible for their acts, defaults or negligence if reasonable care has been excised in their appointment and retention.