Buyer Transition Period definition

Buyer Transition Period means the period commencing on the Closing Date and continuing until the date that is no later than twelve (12) months following the Closing Date, unless sooner terminated as permitted by Section 5.9. In no event shall the Buyer Transition Period be extended unless and until Buyer and Seller mutually agree, bargaining in good faith, to the terms and conditions (including price) pursuant to which Seller would continue to provide the Seller Services to Buyer.
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Examples of Buyer Transition Period in a sentence

  • This Agreement will commence on the Effective Date and, unless earlier terminated in accordance with the terms hereof, shall extend for the later of the duration of the Buyer Transition Period or the Seller Transition Period (the “Term”).

  • At the conclusion of the Buyer Transition Period, or earlier if so terminated, Buyer shall, and shall cause RH and its Subsidiaries to, cooperate with Seller to permit the physical transfer to Seller of Seller’s equipment set forth on Exhibit 5.9(e), which shall include providing Seller reasonable access to the locations where such equipment is held to permit Seller to remove such equipment.[***] Confidential portions of this document have been redacted and filed separately with the Commission.

  • Buyer and Seller shall each use commercially reasonable efforts in connection with the provision and use of Buyer Services and Seller Services to ensure that the Buyer Transition Period and Seller Transition Period are each terminated as soon as reasonably practicable following the Closing Date.

  • At any time during the Buyer Transition Period, Buyer may terminate any particular Seller Service received hereunder in its entirety, or any Seller Service received hereunder solely as it relates to any particular Acquired Center, in each case with fourteen (14) days’ prior notice, without affecting the remaining Seller Services, in their entirety or with respect to any particular Acquired Centers, not so terminated.

  • During the Buyer Transition Period, Seller agrees to provide, or cause to be provided by its Affiliates or agents, to Buyer, RH and its Subsidiaries the services identified on Exhibit 5.9(a) attached hereto (the “Seller Services”) in a manner substantially consistent with the provision of those Seller Services by Seller to RH and its Subsidiaries prior to the Closing Date.[***] Confidential portions of this document have been redacted and filed separately with the Commission.

Related to Buyer Transition Period

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • transitional period means the period of time beginning on the

  • Transition Date means the date on which this contract comes into effect for all purposes. Schedule 1 (Contract Particulars)

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Service Transfer Date means the date of a Service Transfer;

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Allowance transfer deadline means midnight of January 30 or, if January 30 is not a business day, midnight of the first business day thereafter and is the deadline by which allowances may be submitted for recordation in an affected unit’s compliance subaccount for the purposes of meeting the unit’s acid rain emissions limitation requirements for sulfur dioxide for the previous calendar year.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Non-Competition Period means the period beginning at the end of the Term and ending one (1) year after the end of the Term.

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Pre-Distribution Period means any Tax Year or other taxable period that ends on or before the Distribution Date and, in the case of any Straddle Period, that part of the Tax Year or other taxable period through the end of the day on the Distribution Date.

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • Retention Period has the meaning set forth in Section 6.02.

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.