Production Support Unit definition
Examples of Production Support Unit in a sentence
Neither the nature of the Business nor the location of the Assets requires any Seller to be qualified, licensed, in good standing or otherwise authorized in any jurisdiction other than the jurisdictions in which the Production Support Unit or Branch Offices are located.
Notwithstanding the foregoing, and other than is set forth on Schedule 5.6, unless Sellers consent, Purchaser shall not hire employees who work at the Production Support Unit; provided, however, that Purchaser and Sellers will work together in good faith to reach agreement on additional Production Support Unit employees to be hired by Purchaser.
Each Seller is duly qualified, licensed and in good standing as a corporation, and is properly authorized and has all necessary permits to conduct the Business in the jurisdiction in which the Production Support Unit is located and in all of the jurisdictions in which the Branch Offices are located, except where the absence of such qualification would not reasonably be expected to have a Material Adverse Effect.
After the Closing and until at least December 31, 1999 (with an option for Purchaser to extend the lease for up to three (3) years thereafter), UR shall lease to Purchaser sufficient contiguous space on the second floor in the building known as Building 12 in order to accommodate the employees who currently work at the Production Support Unit who Purchaser hires in connection with the transactions contemplated hereby.