Grace Entity definition

Grace Entity means Cross Country Staffing, a Delaware general partnership, CCHP, Inc., a Delaware corporation ("CCHP"), MRA Staffing Systems, Inc., a Delaware corporation ("MRA"), and each entity which was as of July 29, 1999 a direct or indirect shareholder of CCHP or MRA.
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Grace Entity means a member of the Grace Group.
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Examples of Grace Entity in a sentence

  • If any Claim by a Third Party arises for which the Grace Entities (or any of them) seek indemnification pursuant to this Settlement Agreement, the Grace Entity seeking indemnification shall give reasonably prompt written notice to Honeywell of the assertion of Claim by a Third Party or the commencement of any action by any Third Party upon the Grace Entities' receipt of same, including a description in reasonable detail of such Claim or action.

  • A Grace Entity may also acquire a business that exceeds the threshold set forth in the immediately preceding sentence; PROVIDED that the entity divests the unit of such business providing such services within one year after its acquisition; and PROVIDED, FURTHER, that if the entity shall not have effected such divestiture within one year after acquisition despite its reasonably diligent efforts, Buyer shall grant the entity reasonable extension of the divestiture period not to exceed six months.

  • Buyer shall have no rights under any of the insurance policies maintained by any Seller or Grace Entity on behalf of the CCS Group or its business or assets with respect to events or occurrences after 11:59 p.m. local time on the Closing Date (the "CUT-OFF TIME"), or under any of the claims made policies included in such policies with respect to claims not made before the Cut-Off Time, and any amounts received with respect to such policies shall be promptly paid over to the relevant Person.

  • No party to this Agreement, nor any other Grace Entity, CCS Entity or Buyer Entity, shall seek or be entitled to punitive Damages with respect to any Direct Claim, nor shall it accept payment of any award or judgment for such Direct Claim to the extent that such award or judgment includes such punitive Damages.