Examples of Post-Acquisition Period in a sentence
For avoidance of doubt, such Competing Business shall not be subject to the provisions of Section 1 until the expiration of the applicable Post-Acquisition Period.
Purchaser shall promptly inform Seller of any IRS or state or local audit of any Tax Return relating to any part of the Post-Acquisition Period for any Target Company or any prior taxable year of any Target Company and shall keep Seller fully informed of all developments and any ensuing litigation, to the extent such matters could give rise to a claim for indemnification pursuant to Section 17.(d)(i)(5).
Borrowers shall maintain the Interest Coverage Ratio (measured as at the end of each Fiscal Quarter), including, as applicable during any Post-Acquisition Period, calculated, if applicable, on a Pro Forma Basis, to be greater than or equal to 3.00:1.00.
During the Post-Acquisition Period, the Company shall pay to the Executive's aggregate annual base salary (the "Base Salary") in an amount as may be from time to time determined by the Board of Directors of the Company, but (subject to the provisions of the next sentence) in no event at a rate of less than Two Hundred Sixty Thousand Dollars ($260,000.00) per annum.
Purchaser and Seller shall promptly inform the other of any IRS or state or local audit of any income tax return relating to any part of the Closing Post-Acquisition Period for the Target, Summit TRS, or the Owners or any prior taxable year of the Target, Summit TRS, or the Owners and shall keep each other fully informed of all developments and any ensuing litigation, to the extent Real Estate Investment Trust qualification issues are implicated.