Evolution Accounts definition

Evolution Accounts has the meaning set forth in Recital A.
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Examples of Evolution Accounts in a sentence

  • Each Evolution Group Member has complied with all material obligations imposed on that Evolution Group Member by any Tax Law or as requested by any Governmental Agency in the period up to the Evolution Accounts Date.

  • This Article shall govern any redemption of the Debt Securities pursuant to Section 1101, 1109 or the last paragraph of Section 1009.

  • The Assumed Contracts include all of the Payroll Service Agreements used or entered into in connection with the payroll processing services provided by Seller to Current Customers of the Evolution Accounts.

  • With respect to the Evolution Accounts, Seller provides payroll services under the name “▇▇▇▇▇ Fargo Business Payroll Services” and has used no other names in connection with these services.

  • The Seller is licensed or qualified to do business and is in good standing in each jurisdiction in which the provision of payroll services with respect to the Evolution Accounts as currently conducted makes such licensing or qualification necessary, except where the failure to be so licensed, qualified or in good standing would not have a Material Adverse Effect.

  • Adequate provision has been made in the Evolution Accounts for any Tax for which an Evolution Group Member is liable but which is unpaid in respect of the period up to and including the Evolution Accounts Date.

  • The Seller does not maintain, monitor or otherwise handle custodial accounts in connection with payroll processing services for the Evolution Accounts (the “Custodial Accounts”).

  • The Seller is a national banking association duly incorporated, validly existing and in good standing under the Laws of the United States, and has full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it with respect to the Evolution Accounts and to carry on the business related thereto as it has been and is currently conducted.

  • All assets that are not related to the Evolution Accounts or reasonably required for Buyer to service the Evolution Accounts; and such other assets as listed on Schedule 2.1(d).