Employees of the Business definition

Employees of the Business means all Persons employed on the Closing Date by any of the Target Companies or Target Subsidiaries.
Employees of the Business has the meaning assigned to such term in Section 4.15(a).
Employees of the Business has the meaning assigned to such term in Section 6.2.

Examples of Employees of the Business in a sentence

  • List All Employees of the Business Concern and their Job Category Please note: A computer generated employee list can be submitted as long s it lists the employee name, job category, Part time or Full time status, and Section 3 Resident status.

  • No trade union, council of trade unions, employee bargaining agency or affiliated bargaining agent holds bargaining rights with respect to any of the Employees of the Business by way of certification, interim certification, voluntary recognition, or successor rights.

  • Other than Employees and Former Employees of the Business (and their applicable beneficiaries), no individuals participate in or are otherwise entitled to receive benefits from Seller’s Pension Plans.

  • Schedule “F” Provisions Specific to Employees of the Business Development Section and Tourism and Cultural Industries Section.

  • All Active Employees of the Business on the Closing Date (collectively, the "Transferred Employees") shall be employed by (or become the responsibility of, as applicable) Buyer as of the Closing Date in the same or comparable positions, and at the same or comparable total compensation (including base pay and bonus), as were in effect on the Closing Date, except as otherwise provided in this Agreement.


More Definitions of Employees of the Business

Employees of the Business means all Persons employed on the Closing Date by Seller, including any employees who are on approved leave of absence (including medical leave) or vacation provided that such Person returns to work within 180 days after the Closing but excluding any officers of Seller who are employees of Parent or any other Persons who are not employed by Seller in connection with the Business.
Employees of the Business has the meaning set forth in Section 4.16 of the Master Agreement.
Employees of the Business has the meaning set forth in Section 7.1. "Environmental Agreement" means the Environmental Agreement entered into as of the date hereof among the parties hereto, in substantially the form attached hereto as Exhibit 2.7. "Environmental Law(s)" means any federal, state or local law, regulation, ordinance or order, whether in effect now or enacted, promulgated, or prescribed in the future, pertaining to the protection of the environment, including CERCLA, RCRA and any other law which governs (1) the existence, removal or remediation of Hazardous Substances on real property; (ii) the emission, discharge, release, or control of Hazardous Substances into or in the environment; (iii) the use, generation, handling, transport, treatment, storage, disposal or recovery of Hazardous Substances. "Environmental Permits" has the meaning set forth in Section 5.22. "ERISA" means the Employee Retirement Income Security Act of 1974, as amended. "Escrow Agreement" has the meaning set forth in Section 3.2. "Excluded Assets" has the meaning set forth in Section 2.2. "Excluded Contracts" has the meaning set forth in Section 2.2(g). "Excluded Liabilities" has the meaning set forth in Section 2.4. "Excluded Tradename" has the meaning set forth in Section 2.2(c). "Existing Employment Agreement" has the meaning set forth in Section 9.2.13. "Final Stage 2 Information" has the meaning set forth in Section 5A.1. "Final Stage 2 Release Date" has the meaning set forth in Section 5A.1. "G&L" has the meaning set forth in the Background. "GAAP" means generally accepted accounting principles consistently applied in accordance with past practices of Seller as it relates to the Business. "Good Faith Deposit" has the meaning set forth in Section 3.2. "Governmental Entity" means any Federal, state or local court, administrative agency or commission or other governmental authority or instrumentality, domestic or foreign. "Identified Positions" has the meaning set forth in Section 7.1. "Idle Equipment" has the meaning set forth in Section 5.13(a). "Indemnitee" has the meaning set forth in Section 12.3. "Indemnitor" has the meaning set forth in Section 12.3. "Intangible Rights" has the meaning set forth in Section 5.5. "Interim Material Event" has the meaning set forth in Section 9.2.2. "Inventory" has the meaning set forth in Section 2.1 (a). "Knowledge" or "knowledge" means, except as otherwise expressly provided herein, all information actually known after having made due inquiry. "Letter of In...
Employees of the Business means those employees of Seller and the Selling Affiliates (i) who on the applicable Closing Date spends at least 75% of his or her work effort in the operation of the Business or (ii) whose employment will transfer to Buyer or one of its Affiliates on the applicable Closing Date by operation of applicable Law, including in all cases, any such employee who as of the applicable Closing Date is on approved leave of absence (including medical leave and short-term or long-term disability) or vacation; provided that such employee returns to work within 180 days after the applicable Closing Date or is otherwise entitled to reinstatement under any applicable Law upon presenting themselves for duty to the Business; provided, further, that “Employees of the Business” shall not include any individual set forth on Schedule 1.01(b). For the avoidance of doubt, the Closing Date applicable to each such employee shall be the Closing Date applicable to the Country Unit in which such employee is primarily employed. Notwithstanding the preceding provisions, unless otherwise agreed to by the parties in writing, the “Employees of the Business” shall constitute only those employees listed on Schedule 1.01(c) and any replacements for those employees.
Employees of the Business means an employee of the Acquired Companies or any member of the Seller Group or one of their respective Subsidiaries that is employed in the Business, including any employee deemed to be an “Employee of the Businesspursuant to Section 5.1(b)(ii).
Employees of the Business means all Persons employed on the Closing Date by the Target Company who are actively at work but also including any employees who are on an approved short-term leave of absence (including medical leave) or vacation provided that any such Person returns to work within 180 days of the earlier of the date the leave began or Closing. "Environmental, Health, and Safety Requirements" means all federal, state or local statutes, regulations, and ordinances concerning public health and safety, worker health and safety, pollution, or protection of the environment, including all those relating to the presence, use, production, generation, handling, transportation, treatment, storage, disposal, distribution, labeling, testing, processing, discharge, release, threatened release, control, or cleanup of any hazardous materials, substances, or wastes, as such requirements are enacted and in effect on or prior to the Closing Date.
Employees of the Business means (i) all Persons employed on the Closing Date by the Target Companies and the Target Subsidiaries and (ii) those employees of Parent and its Subsidiaries who on the Closing Date work in the operation of the Business, including in all cases, any employees who as of the Closing Date are on approved leave of absence (including medical leave and short-term or long-term disability) or vacation; provided that such Person returns to work within 180 days after the Closing or is otherwise entitled to reinstatement under any applicable Law upon presenting themselves for duty to the Business.