BRE Group Entities definition
Examples of BRE Group Entities in a sentence
None of the BRE Group Entities maintains retiree life or retiree health insurance plans or any other employee welfare benefit plans that provides for continuing benefits or coverage for any participant or any beneficiary of a participant after termination of employment or retirement except as may be required under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or at the sole expense of the participant or any participant’s beneficiary.
The BRE Group Entities’ information security practices and policies conform, and in the past five (5) years have conformed, in each case, in all material respects, with all Privacy Laws and BRE Group Entities Privacy Policies.
The BRE Group Entities own all right, title, and interest to and in, or are licensed to use or otherwise have the right to use all Intellectual Property Rights and Technology used in or necessary to the conduct of the respective businesses of the BRE Group Entities.
The employment of each employee of any of the BRE Group Entities and the engagement of each independent contractor of any of the BRE Group Entities is terminable at will by the applicable BRE Group Entity without any penalty, liability, severance obligation incurred by any of the BRE Group Entities.
None of the BRE Group Entities nor, to the knowledge of BRE, any predecessor of any BRE Group Entity has treated, stored, disposed of, arranged for or permitted the disposal of, transported, handled, or released any Hazardous Materials, in each case, in a manner that has given or would give rise to any material Liabilities or investigative, corrective or remedial obligations pursuant to any Environmental Laws.
None of the BRE Group Entities owns any real property, and no BRE Group Entity has any material Liabilities in respect of any real property previously owned by any BRE Group Entity or any former Subsidiary of any BRE Group Entity.
None of the BRE Group Entities is engaged in, or during the past four years has engaged in, any unfair labor practice, as defined in the National Labor Relations Act or other applicable Laws.
To the knowledge of BRE, in the past five (5) years, there has been no loss, destruction or alteration of, or unauthorized access to, or use, acquisition or other processing of, any Private Data or other confidential information collected, handled, transmitted, processed, or stored by the BRE Group Entities.
Section 3.13(a)(ii) of the BRE Disclosure Schedules sets forth a true, correct and complete listing, as of the date specified therein, of the name of each individual engaged by any of the BRE Group Entities as an independent contractor.
In connection with the foregoing, the BNL Group Entities on behalf of themselves and their Affiliates hereby irrevocably waive and agree not to assert any conflict of interest arising from or in connection with (i) Fried Frank’s representation of the BRE Group Entities (or any Pre-Closing Holder), and (ii) Fried Frank’s representation of the BNL Group Entities after the Closing.