Examples of Entity Sellers in a sentence
To the extent that a portion of Property is owned or otherwise held by Operating Tenant or the Brokerage Entity, Sellers shall cause Operating Tenant or the Brokerage Entity to convey such portion of the Property in accordance with the terms hereof (and sign the applicable documents conveying such portion of Property to Purchasers).
SALD and the Entity Sellers shall not be required to make indemnity payments under this Section 8.4 resulting solely from any action taken by Purchaser or Purchaser Indemnified Parties (other than an action taken pursuant to Section 5.6(b)) that results in additional Tax attributable to any Pre-Closing Period.
For purposes of computing the Taxes for the Interim Period for which SALD and the Entity Sellers are liable under Sections 5.6 and 8.4, Taxes shall be computed for the period beginning on the first day of the then current fiscal year and ending as if the tax year ended on the Closing Date.
Without limitation to the obligations of SALD or the Entity Sellers under Section 8.4, SALD shall pay when due any and all Taxes shown to be due on such Tax Returns.
Notwithstanding the foregoing, with respect to such EU Business Employees, such employment shall be on terms and conditions that are not less favorable than the terms and conditions of employment provided to the EU Business Employees immediately prior to the Closing Date, regardless of whether by the Conveyed Entity, Sellers, Tyco, or an Affiliate of any of them.
If the student is not satisfied with the result of his/her initial conversation with the person(s) directly involved in the grievance, that student may continue to attempt to resolve the matter informally by appealing to the next level of authority.
To the extent that the applicable Time Share Association controls all or any portion of the Eligible Resorts and, further, such Time Share Association is managed by the Club Managing Entity, Sellers shall cause such Time Share Association to maintain each portion of the Eligible Resorts under its responsibility in good repair, working order and condition and shall make or cause to be made all necessary replacements to such Eligible Resorts.
On the Closing Date, SALD shall or shall cause the Entity Sellers and any holders of Qualifying Shares to sell, transfer and deliver to Purchaser, and Purchaser shall purchase and acquire, all of the Transferred Subsidiary Stock owned by the Entity Sellers and any Other Shareholders.
It is agreed that prior to, or in connection with, the Closing, Purchaser shall take no action to cause the Entity Sellers or any FHS Company to terminate the employment of any U.S. Business Employees, and neither the Entity Sellers nor any FHS Company shall be under any obligation to terminate any U.S. Business Employees prior to or on the Closing Date.
Any indemnity payments to or from SALD or the Entity Sellers or to or from the Purchaser Indemnified Parties pursuant to this Agreement, whether under this Section 8.4 or otherwise, shall be treated by the Purchaser Indemnified Parties and SALD or the Entity Sellers as Purchase Price adjustments for all purposes.