Repap definition
Examples of Repap in a sentence
Except as otherwise expressly provided for herein, this Agreement, and the rights granted and the obligations incurred hereunder, are not assignable, whether in whole or in part, by the Executive without the prior written consent of Repap.
Repap shall pay Buyer the Taxes for which Repap is liable pursuant to Section 5.2(b) but which are payable with Tax Returns to be filed by Buyer pursuant to the previous sentence within 10 days prior to the due date for the filing of such Tax Returns.
Repap shall take, in accordance with its certificate of incorporation and by-laws, all action necessary to convene a meeting of holders of shares of Common Stock of Repap as promptly as practicable after the date hereof to consider and vote upon the approval of the transactions contemplated by this Agreement.
Until the Closing Date, each of Buyer and Repap shall promptly notify the other if any of the representations and warranties made by it and contained in this Agreement ceases to be true, accurate and complete in any material respect and of any failure to comply in any material respect with any of its obligations under this Agreement.
Except as disclosed in the Disclosure Documents or in Schedule 3.12, neither Repap USA nor any Subsidiary maintains or contributes to any employee welfare benefit plan (as defined in Section 3(1) of ERISA) which is subject to ERISA and which provides medical benefits to employees after termination of employment other than as required by Section 601 of ERISA or other applicable law.
At any time prior to the Closing either Repap or Buyer may (i) extend the time for the performance of any of the obligations or other acts of the other party hereto, (ii) waive any inaccuracies in the representations and warranties of the other party contained herein or in any document delivered pursuant hereto, and (iii) waive compliance with any of the agreements or conditions of the other party contained herein.
Schedule 3.23 sets forth an accurate, correct and complete list of the ten largest customers and ten largest suppliers of Repap USA and of each Subsidiary, determined on the basis of revenues from items sold (with respect to customers) or costs of items purchased (with respect to suppliers) for each of the fiscal year ended December 31, 1996 and the six-month period ended June 30, 1997.
Each of Repap and Acquireco shall contribute to Amalco all its assets, subject to its liabilities, as such exist immediately before the Effective Date.
In addition, at Closing, Repap shall provide to Buyer copies of all workpapers used in the preparation of such Tax Returns.
Except as disclosed in writing by Repap, Repap does not have any pending complaint filed with the National Labor Relations Board or any other governmental agency alleging unfair labor practices, human rights violations, employment discrimination charges, or the like against Repap USA or any of the Subsidiaries which would have a Material Adverse Effect and, to the Knowledge of Repap, there are no existing facts which might result in any such complaint or charge.