Ingeus definition
Examples of Ingeus in a sentence
Korea amounts payable to employees of Ingeus Co Ltd at completion of employment with Ingeus Co Ltd.
UK Completion Unsecured Loan from ROW Group Companies and Trading Accounts Payable owed to ROW Group Companies the balance of any unsecured loans from ROW Group companies to Ingeus UK Group that is outstanding at the Effective Time plus any other intercompany trading or management account balance receivable by ROW Group companies from Ingeus UK Group as derived from the UK Completion Accounts calculated and prepared in accordance with clause 2.2 of this Schedule 3.
An accrual shall be included in the UK Completion Accounts for (i) any normal pension contributions due but not paid prior to the Effective Time in respect of defined contribution pension schemes operated by the UK Ingeus Group within UK Completion Working Capital and (ii) the UK Completion EFRB Pension Liability.
The UK Completion Accounts shall be prepared on a consolidated basis and the amounts to be included shall be calculated by reference to the nominal ledgers of the Ingeus UK Group which shall be drawn up as at 10.00pm London time on the last day of the month preceding the month in which Completion of the UK Share Sale Agreement will occur (the "Effective Time”).
No Target Entity is as at the date of this agreement a party to any investigation, prosecution or litigation that will, or would reasonably be likely to, have a financial impact on the business, operations or revenues of the Ingeus Group exceeding £100,000 (Material Proceedings).
Both Ingeus and our subcontractors have excellent links with a variety of support organisations (such as Citizens Advice Bureau and UFI Learn Direct) and we will share best practice to ensure a fast and effective service for all claimants whilst drawing on each other’s experience.
This clause 5 is a continuing obligation of the Buyer’s Guarantor, despite Completion, and remains in full force and effect for so long as the Buyer or Ingeus Europe Limited has any liability or obligation to Deloitte LLP under this deed or under the UK Share Sale Agreement and until all of those liabilities or obligations have been fully discharged.
The Warrantor has received written advice from each of the Key Contract Counterparties stating or to the effect that it has no objection to the proposed Sale or the acquisition of Deloitte LLP’s shareholding in Ingeus UK Limited as contemplated by the UK Share Sale Agreement and that it will not terminate the relevant Key Contract by reason of a change of control of the relevant Target Entity or as a result of the proposed Sale.
Receipt by the Administrative Agent of a Pro Forma Compliance Certificate demonstrating that, upon giving effect to the Ingeus Acquisition on a Pro Forma Basis, the Loan Parties would be in compliance with the financial covenants set forth in Section 8.11 of the Credit Agreement as of the most recent fiscal quarter for which the Borrower was required to deliver financial statements pursuant to Section 7.01(a) or (b) of the Credit Agreement.
Provision the amounts accrued as long term incentive payments under the Ingeus senior executive long term incentive policy.