Qualified Termite Contracts Sample Clauses

Qualified Termite Contracts. The Parties covenant and agree that with respect to each Qualified Termite Contract, it shall be the obligation of the Business to perform all service and warranty obligations thereunder from and after the Effective Time; provided, that as between Purchaser and Sellers, after the Closing Purchaser shall be deemed to have been responsible for such performance by the Business. Purchaser shall promptly provide Sellers notice with respect of any claim in excess of $10,000 made by the other party or parties to a Qualified Termite Contract with respect to the service and warranty obligations thereunder. Within twenty (20) days of receipt of such notice (which period shall toll during any period in which Purchaser is in breach of Section 6.17), Sellers shall either (i) direct Purchaser in writing to pay the amount claimed or perform the necessary obligations in connection therewith, in which case Sellers shall reimburse Purchaser for all of Purchaser’s out-of-pocket costs (including reasonable attorneys’ fees, court costs, expert witness fees, transcript costs and other expenses of litigation to defend against such claims) to perform such service and warranty obligations, including the initial $10,000 of such claims, (ii) notify Purchaser in writing that Sellers have elected to defend such claim, in which event Sellers will be liable for all amounts owed with respect to such claim, or (iii) direct Purchaser in writing to use its commercially reasonable efforts to defend such claim, in which event Sellers shall reimburse Purchaser, when billed, for its reasonable out-of-pocket costs (including reasonable attorneys’ fees, court costs, expert witness fees, transcript costs and other expenses of litigation to defend against such claims) of defending such claim and shall promptly reimburse Purchaser for the full amount, if any, paid to the claimant upon resolution of such claim. In the event Sellers fail to respond in writing within such twenty (20) day period which period shall toll during any period in which Purchaser is in breach of Section 6.17), Sellers shall be deemed to have directed Purchaser to pay the amount claimed or perform the necessary obligations in connection therewith, and will promptly reimburse Purchaser for all of Purchaser’s out-of-pocket costs (including reasonable attorneys’ fees, court costs, expert witness fees, transcript costs and other expenses of litigation to defend against such claims) to perform such service and warranty obligations or...
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Qualified Termite Contracts. The Parties covenant and agree that with respect to each Qualified Termite Contract, it shall be the obligation of the Business to perform all service and warranty obligations thereunder from and after the Effective Time; provided, that as between Purchaser and Sellers, after the Closing Purchaser shall be deemed to have been responsible for such performance by the Business. Purchaser shall promptly provide Sellers notice with respect of any claim in excess of $10,000 made by the other party or parties to a Qualified Termite Contract with respect to the service and warranty obligations
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Related to Qualified Termite Contracts

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

  • Affiliate Contracts Except as set forth on Schedule 3.30, there are no Contracts between any Seller or any Affiliate of any Seller, on the one hand, and any Seller or Partial Subsidiary, on the other hand, related to the Facilities, the Assets or the Assumed Liabilities that are material to any such Assets or Assumed Liabilities or the Facilities.

  • Termination of Contracts Neither the Company nor any of its Subsidiaries has sent or received any communication regarding termination of, or intent not to renew, any material contract or agreement referred to or described in the Registration Statement, the Pricing Disclosure Package and the Final Prospectus or filed as an exhibit to the Registration Statement, and no such termination or non-renewal has been threatened by the Company or any of its Subsidiaries or by any other party to any such contract or agreement.

  • Continuing Contracts A. A continuing contract is a contract that remains in effect until the teacher resigns, retires, or until it is terminated or suspended. B. A continuing contract shall be granted only to teachers who have provided notice of their eligibility, by submitting the Continuing Contract Request Form to Human Resources, by the 15th day of September of the year the teacher becomes eligible (the parties agree that “the year the teacher becomes eligible” means this is the third or seventh year depending upon when the initial educator license was issued) for a continuing contract and who have met one of the following criteria: 1. The teacher holds a professional, permanent, or life teacher’s certificate; 2. The teacher meets the following conditions: a. The teacher was initially issued a teacher’s certificate or educator license prior to January 1, 2011. b. The teacher holds a professional educator license issued under O.R.C 3319.22 or 3319.222 or former O.R.C. 3319.22 or a senior professional educator license or lead professional educator license issued under O.R.C. 3319.22. c. The teacher has completed the applicable one of the following: i. If the teacher did not hold a master’s degree at the time of initially receiving a teacher’s certificate under former O.R.C 3319.22 or an educator license, thirty (30) semester hours of coursework in the area of licensure or in an area related to the teaching field since the initial issuance of such certificate or license, as specified in rules which the state board of education shall adopt; ii. If the teacher held a master’s degree at the time of initially receiving a teacher’s certificate under former O.R.C. 3319.22 or an educator license, six (6) semester hours of graduate coursework in the area of licensure or in an area related to the teaching field since the initial issuance of such certificate or license, as specified in rules which the state board shall adopt. 3. The teacher meets the following conditions: a. The teacher never held a teacher’s certificate and was initially issued an educator license on or after January 1, 2011. b. The teacher holds a professional educator license, senior professional educator license, or lead professional educator license issued under O.R.C. 3319.22. c. The teacher has held an educator license for at least seven (7) years. d. The teacher has completed the applicable one of the following: i. If the teacher did not hold a master’s degree at the time of initially receiving an educator license, thirty (30) semester hours of coursework in the area of licensure or in an area related to the teaching field since the initial issuance of that license, as specified in rules which the state board shall adopt; ii. If the teacher held a master’s degree at the time of initially receiving an educator license, six (6) semester hours of graduate coursework in the area of licensure or in an area related to the teaching field since the initial issuance of that license, as specified in rules which the state board shall adopt. C. Nothing in this section shall be construed to void or otherwise affect a continuing contract entered into prior to October 1, 2012.

  • Partial Disposal During Term of Service Agreement Throughout the Term of the Service Agreement, LEA may request partial disposal of Student Data obtained under the Service Agreement that is no longer needed. Partial disposal of data shall be subject to LEA’s request to transfer data to a separate account, pursuant to Article II, section 3, above.