Definition of Post-Closing Management Agreement


Post-Closing Management Agreement means the management agreement entered into by Purchaser and the Post-Closing Manager for the management of each Facility from and after Closing each in substantially the form mutually agreed upon by the parties during the Due Diligence Period and attached hereto as Exhibit E-1.
Sample 1

Examples of Post-Closing Management Agreement in a sentence

In accordance with the terms of the Post-Closing Management Agreement, Purchaser shall be responsible for payment of all short- and long-term disability claims from disabilities of Employees incurred on or after the Closing Date to the extent covered by the Seller Plans.
In accordance with the terms of the Post-Closing Management Agreement, Purchaser shall be liable for all claims of the Employees (and their enrolled dependents) under the Seller Plans from and after the Closing Date.
This provision shall not, however, be deemed to limit either party's remedies for any breach of the other party's post-closing obligations under the Post-Closing Management Agreement or any other document or instrument executed at Closing which provides for performance by a party from and after Closing, including without limitation any breach of Section 10.7 hereof.
A Post-Closing Management Agreement duly executed by the applicable Post-Closing Manager.