Examples of Buyout Closing in a sentence
If this Management Agreement is terminated pursuant to Article VII prior to Buyout Closing, the Buyout Option shall terminate automatically and the Buyout shall not be consummated.
Consequently, conclusions drawn by the Consultants on the ecological character of the GoM are based primarily on a priori knowledge and observations made from limited localities along the shoreline.
At least twenty (20) Business Days prior to the Buyout Closing, Manager shall deliver to XX XXXX a schedule setting forth its calculation of the Buyout Consideration (such schedule, the “Buyout Consideration Schedule”).
The Manager Specified Employees Schedule shall include (A) each employee of the Behringer Group performing property management services for XX XXXX on-site at Properties under this Management Agreement as of the Buyout Closing and (B) such other employees of the Behringer Group performing property management services under this Management Agreement as of the Buyout Closing that occupy the functions or have the titles set forth in Exhibit C hereto.
GTE will pay the Purchase Price to TeleTech, by wire transfer, on the Center Buy-out Closing Date.
Further, XX XXXX hereby assumes, as of the Buyout Closing, all Liabilities of Transferred Manager Employees (including the employment and termination thereof) arising on and after the Buyout Closing Date in connection with their employment by XX XXXX.
Beginning with the Center Buy-out Closing Date, it will be GTE's sole responsibility to maintain all necessary insurance related to the Customer Solution Center, and TeleTech will have no longer have any responsibility whatsoever to do so.
The Center Buy-out Closing Date shall be the later of the following two dates: I) the Scheduled Closing Date; or ii) 75 days after the Notice of Exercise of the Center Buy-out Option is delivered.
Factual Background and Proceedings After RemandA brief discussion of the facts leading up to the remand will give context to what happened thereafter.The borrower was sued in a different case by a non-party bank seeking to foreclose its mortgage.
At the Buyout Closing, Manager will deliver to XX XXXX good and valid title in and to the Manager Purchased Assets, free and clear of all Liabilities (except for immaterial Liabilities).