Examples of Acquired Company in a sentence
In the event that Purchaser (or its Affiliates) or any Acquired Company is subsequently required to pay to any Governmental Authority any amount paid to Seller or Owner pursuant to this Section 6.1(g), Seller or Owner (as the case may be) shall promptly repay such amount, together with any interest, penalties or other additional amounts imposed by such Governmental Authority, to Purchaser.
The Acquired Company has not implemented a “mass layoff,” “plant closing” or similar action under WARN within the last twelve (12) months.
There are no Legal Proceedings pending or, to the Company’s knowledge, threatened in writing against any Acquired Company, and no Acquired Company is party or subject to or in default under any unsatisfied Order.
To the Knowledge of the Company, no Third Party is infringing, misappropriating, or otherwise violating any Company Intellectual Property, and no such claim has been made or threatened against any person by or on behalf of any Acquired Company.
For purposes of this Section 6.1(g), Purchaser (or its Affiliates) and any Acquired Company shall be deemed to have received a refund of Taxes to the extent that Purchaser (or its Affiliates) or any Acquired Company elects to apply such refund, which it would otherwise have been entitled to receive, to offset or reduce Taxes relating to any period (or portion of any Straddle Period), determined in accordance with the principles of Section 6.1(b) beginning after the Closing Date.