Standard Procedure. Pursuant to the “Standard Procedure” provided in Section 5 of Revenue Procedure 96-60, 1996-2 C.B. 399, (i) Purchaser and Seller shall report on a predecessor/successor basis as set forth therein, (ii) Seller will not be relieved from filing a Form W-2 with respect to any Transferred Employees and (iii) Purchaser will undertake to file (or cause to be filed) a Form W-2 for each such Transferred Employee with respect to the portion of the year during which such Employees are employed by Purchaser that includes the Closing Date, excluding the portion of such year that such Employee was employed by Seller or its Subsidiaries.
Standard Procedure. Pursuant to Section 4 of Revenue Procedure 2004-53 I.R.B. 2004-34, (a) Purchaser and the Company shall report on a predecessor/successor basis as set forth therein, (b) the Company will not be relieved from filing a Form W-2 with respect to any Transferred Employees, and (c) Purchaser will undertake to file (or cause to be filed) a Form W-2 for each such Transferred Employee only with respect to the portion of the year during which such Employees are employed by Purchaser that includes the Closing Date, excluding the portion of such year that such Employee was employed by the Company.
Standard Procedure. A request shall be made in writing and give the employee’s departure date and the reason for and the probable duration of the intended absence. Such request shall be received by the employer at least 5 working days prior to the planned departure of the employee.
Standard Procedure. The Borrower shall give the Administrative Agent notice of each borrowing hereunder in accordance with SECTION 2.9. Not later than 12:00 p.m. (Dallas, Texas, time) on the date specified for each borrowing hereunder, each Lender will make available the amount of the Loan to be made by it on such date to the Administrative Agent, at the Principal Office, in immediately available funds, for the account of the Borrower. The amount of each borrowing hereunder so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available, for and on behalf of the Borrower, in immediately available funds by no later than 12:00 p.m. (Dallas, Texas, time); PROVIDED, HOWEVER, that the Administrative Agent may, in its discretion, cause such amount to be made available directly to or for the benefit of the Person who is to receive the proceeds of such Loan in accordance with SECTION 2.10 (e.g., the Vendor if and to the extent that proceeds of such borrowing are used to pay for Nortel Networks Goods and Services). Notwithstanding anything to the contrary contained in this Agreement, if and to the extent that Nortel Networks is a Lender under this Agreement, the Borrower further hereby irrevocably agrees that each Loan to be advanced by Nortel Networks to the Borrower in accordance with this Agreement (and only in accordance with this Agreement and after the Administrative Agent's receipt of a Notice of Borrowing executed by the Borrower) may (in the discretion of Nortel Networks and if and to the extent that the proceeds of such Loan are to be paid to Nortel Networks) be effectively disbursed on the date set forth in the Notice of Borrowing for such disbursement to the Borrower by virtue of a credit in the amount of such Loan given to the Borrower under the Master Purchase and Services Agreement.
Standard Procedure. If applicable, pursuant to Rev. Proc. 2004-53, 2004-34 I.R.B. 320, Buyer and Parent (or the Company) shall report on a predecessor/successor basis in accordance with the "Standard Procedure" provided in Section 4 of such Revenue Procedure.
Standard Procedure. With respect to Transferred Employees eligible to receive a Form W-2 and pursuant to the “Standard Procedure” provided in Section 4 of Revenue Procedure 2004-53, 2004-2 C.B. 320, (a) the Buyer and the Seller shall report, or cause to be reported, on a predecessor/successor basis as set forth therein; (b) the Seller will not be relieved from filing a Form W-2 with respect to any Transferred Employees; and (c) the Buyer will undertake to file (or cause to be filed) a Form W-2 for each such Transferred Employee with respect to the portion of the year during which such Transferred Employee is employed by the Buyer or an Affiliate of the Buyer, excluding the portion of such year that such Transferred Employee was employed by the Seller.
Standard Procedure. Pursuant to the “Standard Procedure” provided in section 5 of Revenue Procedure 2004-53, 2004-34 I.R.B. 320, (i) the Company and Breitling shall report on a predecessor/successor basis as set forth therein, (ii) Breitling will not be relieved from filing a Form W-2 with respect to any Transferred Employees, and (iii) the Company will undertake to file (or cause to be filed) a Form W-2 for each such Transferred Employee only with respect to the portion of the year during which such Employees are employed by the Company that includes the Closing Date, excluding the portion of such year that such Employee was employed by Breitling.
Standard Procedure. No later than the end of January each year, the Member will send COREPILE a declaration relating to the total weight of batteries and accumulators placed on the market in the previous year. The annual sales declaration will be submitted directly via COREPILE’s extranet site. Accordingly, to complete its annual declaration, the Member must connect to the member’s declaration area on the site xxxx://xxxxxxxx.xxxxxxxx.xxx (the User Guide for the declaration of the batteries put onto the French market will be sent with the connexions codes) and log in by entering its membership number and password which are shown on the title page of this agreement. In the event the Member has no Internet access, it will complete its declaration in an Excel spreadshe et file which will be sent to it by COREPILE on request. The Member will be charged a management handling fee of €50 excl. taxes on its next Environmental Contribution invoice. The following should be included in the declaration: all batteries and accumulators as listed at article 2.2 and including non-industrial portable batteries and accumulators sold (separately or built-in) on professional circuits. In accordance with the Specifications (Chapter III, section 4), every declaration from the Member must be accompanied by a certificate of veracity signed by a corporate officer empowered for this purpose or by the company’s Auditor(s). Any declaration not satisfying this requirement will not be validated.
Standard Procedure. With respect to employment Tax matters, (a) the Acquiror shall not assume the Company’s obligation to prepare, file and furnish IRS Form W-2s with respect to the Transferred Employees for the year including the Closing Date; (b) the Company and the Acquiror shall utilize the “standard procedure” with respect to each Transferred Employee pursuant to the procedure prescribed by Section 4 of Revenue Procedure 2004-53, 34 I.R.B 320; and (c) the Company and the Acquiror shall cooperate in good faith to adopt similar procedures under applicable wage payment, reporting and withholding Laws for all Transferred Employees in all appropriate jurisdictions.
Standard Procedure. No later than the end of January each year, the Member will send COREPILE a declaration relating to the total weight of batteries and accumulators placed on the market in the previous year. The annual sales declaration will be submitted directly via COREPILE’s extranet site. Accordingly, to complete its annual declaration, the Member must connect to the member’s declaration area on the xxxx://xxxxxxxx.xxxxx.xx site (Appendix 3) and log in by entering its membership number and password which are shown on the title page of this agreement. In the event the Member has no Internet access, it will complete its declaration in an Excel spreadsheet file which will be sent to it by COREPILE on request. The Member will be charged a management handling fee of €50 excl. taxes on its next Environmental Contribution invoice. The following should be included in the declaration: all batteries and accumulators as listed at article 2.2 and including non-industrial portable batteries and accumulators sold (separately or built-in) on professional circuits. In accordance with the Specifications (Chapter III, section 4), every declaration from the Member must be accompanied by a certificate of veracity signed by a corporate officer empowered for this purpose or by the company’s Auditor(s). Any declaration not satisfying this requirement will not be validated.
