JEM Sales definition
Examples of JEM Sales in a sentence
On or prior to the Closing Date, JEM Sales shall furnish Zartic Buyer (or the designee) with copies of the policy or a certificate evidencing that the insurance is in full force and effect and stating the terms of the insurance.
The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized and approved by all necessary corporate actions on the part of each Company and JEM Sales and by all necessary action under the applicable articles of organization and operating agreement and the Georgia Limited Liability Company Act on the part of each of MNM Leasing and Warfighter Foods.
Buyers shall be solely responsible for offering and providing COBRA Coverage with respect to any JEM Sales employee or Transferred Employee (or other “qualified beneficiary”) who becomes covered by a group health plan sponsored or contributed to by Buyers and who experiences a “qualifying event” following the Closing Date while covered under such group health plan.
As of the Closing, all such Permits shall be held by the Companies and JEM Sales (or either of them).
Each Company and JEM Sales has delivered to the Buyers true and complete copies of such Entity’s articles of incorporation and bylaws, each as currently in effect, and each of MNM Leasing and Warfighter Foods has delivered to the Buyers true and complete copies of such Entity’s articles of organization and operating agreement, each as currently in effect.
Zartic Buyer intends to offer employment to the following employees of JEM Sales: ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ Marteddu, ▇▇▇▇▇▇ ▇▇▇▇▇▇, and ▇▇▇▇ ▇▇▇▇▇, and JEM Sales shall use its best efforts to cause such employees to accept employment with Zartic Buyer as of the Effective Time.
Except as set forth in Schedule 3.18, no Company or, to the extent related to the Affiliate-Owned Real Property, ▇▇▇▇▇ ▇▇▇▇▇ or JEM Sales, or any Owned Real Property or Affiliate-Owned Real Property or any other real property currently owned or leased by either Company or currently used in either Business, has been or is now in material violation of any Environmental Laws.
The JEM Sales Lab Equipment and the JEM Sales Property constitute all of the assets necessary to provide laboratory services to the Companies as provided by JEM Sales immediately prior to the date of this Agreement.
Except for the JEM Sales Lab Equipment and the MNM Assets, no Seller or Beneficiary or any Affiliate of any Seller or Beneficiary (other than the Companies or either of them) owns any machinery, equipment, vehicles, or other fixed assets used in either of the Businesses.
Schedule 3.13 includes a list of each former employee of each Company and JEM Sales who is entitled to, or receives, benefits under COBRA, or other similar provision of federal, state, or local Law, as of the date of this Agreement.