OPTO definition
Examples of OPTO in a sentence
Flexible (Code 3) nurses may be eligible for Infection Prevention Administration Pay and/or Oregon Paid Time Off (OPTO) up to the maximum allowed by Asante policy.
Philips shall ensure that (i) at each Closing, OPTO owns the Assets, and (ii) with respect to the Intangible Assets (including without limitation, all of the OPTO Patents), good, valid and marketable title to all of the Intangible Assets are transferred to the applicable Buyer at the Asset Sale Closing.
By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: Tadayuki KannoTitle: Representative Director “Transferee” USHIO OPTO SEMICONDUCTORS, INC.
None of OPTO, Philips or any of Philips' Affiliates has, nor will OPTO or any Uniphase Party acquire as a result of any act by any Philips' Affiliate, any liability to pay any fees or commissions to any broker, finder or agent with respect to the transactions contemplated by this Agreement or the other Sale Agreements.
The Philips Parties shall cooperate with the Uniphase Parties in good faith to procure a collective labour agreement, satisfactory to the Uniphase Parties, with respect to the OPTO Employees after the OPTO Closing Date.
Without limiting the foregoing, all contributions to each of the Employee Benefit Plans in respect of periods of service or benefits accrued prior to the Closing Date have been or will have been made on an accrual basis up to the OPTO Closing Date, notwithstanding that such contributions may not be due and owing until after the OPTO Closing Date.
OPTO is not in default under or in violation of any provision of any such documents.
Any and all costs incurred in connection with (x) the transfer and the change of registration of the OPTO Patents by Philips as herein provided, and (y) the maintenance of the OPTO Patents after the Asset Sale Closing Date (including, without limitation, procedural/prosecution fees, patent attorney/agent fees and patent maintenance fees), shall be borne by the Uniphase Parties.
At the OPTO Closing, all right, title and interest in and to the Assets shall remain in OPTO, free and clear of all Encumbrances.
Philips shall prepare and deliver the Closing Date Balance Sheet to Uniphase no later than the date that is forty-five (45) days after the OPTO Closing Date.