Continuity Agreements definition

Continuity Agreements means each continuity agreement, membership interest transfer restriction agreement, stock transfer restriction agreement or other similar agreement between the applicable Loan Party, the applicable PC Entity and the applicable equity holder(s) of such PC Entity, in form and substance reasonably satisfactory to Administrative Agent, as the same may be amended, restated, supplemented or otherwise modified from time to time to the extent not prohibited by this Agreement.
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Continuity Agreements has the meaning set forth in Section 6.15 below.
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Examples of Continuity Agreements in a sentence

  • Effective as of the Offering Date, Tronox shall enter into Continuity Agreements with certain of its officers and key employees.

  • These Continuity Agreements shall be similar in all Material Features to the Continuity Agreements that ▇▇▇▇-▇▇▇▇▇ has in effect with its officers and key employees, as appropriate, as of the Offering Date.

  • Chemical shall fully honor the obligations of O.A.K. under the existing Management Continuity Agreements for ▇▇▇▇▇▇▇ ▇.

  • If any benefits are paid to any former First Michigan employees under such First Michigan severance policies (including, but not limited to, such Continuity Agreements), such benefits shall be in lieu of any and all other benefits that might otherwise be payable under the Huntington Transition Pay Plan.

  • The Management Continuity Agreements shall be in full force and effect , and none of the parties thereto (other than Parent or the Company) shall have indicated an intention to repudiate, terminate or challenge the enforceability of any of those agreements.

  • Aquarion has made available to Parent estimates prepared by Deloitte & Touche of the amounts reasonably expected to be paid to the individuals set forth in Section 3.1(h)(vi) of the Aquarion Disclosure Schedule (or by which any of their benefits may be increased or accelerated) (in accordance with the assumptions set forth therein) as a result of a qualified termination of employment occurring after a Change in Control (as such term is defined in the Continuity Agreements).

  • The aggregate amounts payable to other employees of the Company or its Subsidiaries pursuant to Sections 4(a), 4(b)(i), 4(b)(iii) and 6 of the Continuity Agreements between the Company and any such employee and the aggregate amounts payable pursuant to the Change of Control Severance Plan for Certain Covered Executives of the Company would not reasonably be expected to have a Material Adverse Effect with respect to the Company.

  • The purpose of this trust (the “Trust”), is to provide a trust account to (a) hold assets of the Grantor as a reserve for the discharge of the Grantor’s obligations to certain individuals (the “Beneficiaries”) entitled to receive cash settlements and/or benefits under the Management Continuity Agreement(s) of ▇▇▇▇▇▇ Restaurants, Inc.

  • The purpose of this trust (the "Trust"), is to provide a trust account to (a) hold assets of the Grantor as a reserve for the discharge of the Grantor's obligations to certain individuals (the "Beneficiaries") entitled to receive cash settlements and/or benefits under the Management Continuity Agreement(s) of ▇▇▇▇▇▇ Restaurants, Inc.

  • For purposes of the preceding sentence, estimates were prepared in good faith, in accordance with the assumptions set forth therein (which were believed to be reasonable) and, to the best knowledge of Aquarion, such amounts accurately reflect the amounts to be paid under the Continuity Agreements, based on such assumptions.

Related to Continuity Agreements

  • Reciprocity agreement means an agreement, arrangement, or understanding between two or more jurisdictions under which each of the participating jurisdictions grants reciprocal rights or privileges to properly registered vehicles that are registered under the laws of other participating jurisdictions.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Equity Agreements has the meaning set forth in Section 5.1.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Retention Agreements has the meaning set forth in Section 5.11(e).