Reverse Transitional Services Agreement definition
Reverse Transitional Services Agreement means the reverse transitional services agreement to be entered into between one (1) or more members of the Seller’s Group and one (1) or more EDS Entities or the Purchaser’s Group at Completion in the agreed form.
Reverse Transitional Services Agreement means the local reverse transitional services agreements each between a member of the Seller’s Group and a Group Company (the “Local RTSAs”) (which incorporate the reverse transitional services terms in the Agreed Terms except to the extent that the Seller and the Purchaser agree that those terms are to be amended therein) to be entered into at Closing in respect of the provision of certain services by a Group Company to a member of the Seller’s Group;
Reverse Transitional Services Agreement means the agreement relating to the transitional services to be provided by the Group to the Seller Group for one year after Completion, including certain IT, finance and HR services relating to the Retained Business, which shall be agreed between the parties in accordance with paragraph 3 of Schedule 3;
Examples of Reverse Transitional Services Agreement in a sentence
To the extent that any Retained Group Companies transfer any personal data to any Target Group Companies under the Reverse Transitional Services Agreement, the relevant Retained Group Companies and the relevant Target Group Companies shall, as soon as reasonably practicable following Completion, use reasonable endeavours to adopt, or procure the adoption of, European Commission approved standard contractual clauses, substantially in the agreed form.
On the Closing Date, Purchaser and Seller shall cause to be executed and delivered (i) a Transitional Services Agreement, substantially in the form attached hereto as Annex B (the “Transitional Services Agreement”), (ii) a Reverse Transitional Services Agreement, substantially in the form attached hereto as Annex C (the “Reverse Transitional Services Agreement”) and (iii) a Transitional Trademark License, substantially in the form attached hereto as Annex D (the “Transitional Trademark License”).
More Definitions of Reverse Transitional Services Agreement
Reverse Transitional Services Agreement has the meaning set forth in Section 5.22. “Rights” means, with respect to any Person, securities or obligations convertible into or exercisable or exchangeable for, or giving any Person any right to subscribe for or acquire, or any warrants, options, restricted shares, performance shares, restricted share units, performance share units, phantom equity, calls or commitments relating to, or any stock or equity appreciation right or other equity or equity-based awards or other instrument the value of which is determined in whole or in part by reference to the market price, book or other value of, shares of capital stock, units or other equity interests of such Person or any of such Person’s Subsidiaries. “Sanctions” shall mean economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by U.S. Governmental Authorities (including, but not limited to, the U.S. Office of Foreign Assets Control, the U.S. Department of State and the U.S. Department of Commerce), the United Nations Security Council, the E.U. or other applicable Governmental Authority. “SEC” means the Securities and Exchange Commission. “Securities Act” means the Securities Act of 1933. “Securities Laws” means the Securities Act, the Exchange Act and any applicable securities Laws of any state. “Seller” has the meaning set forth in the Preamble.
Reverse Transitional Services Agreement or “Reverse TSA” means the transitional services agreement, in the Agreed Form as set out in Part B of Attachment 8 (Transitional Services Agreement), to be entered into on the date hereof;
Reverse Transitional Services Agreement has the meaning set forth in Section 5.20.
Reverse Transitional Services Agreement means the reserve transitional services agreement relating to Employees that are out-of-scope of the Transaction and to be entered into between the Seller and the Company at Completion, to be agreed between the parties prior to Completion (if applicable);
Reverse Transitional Services Agreement has the meaning set forth in Section
Reverse Transitional Services Agreement means the transitional services agreement between the Company and [***] and dated 22 May 2019. Sales Employees has the meaning given to it in the Transitional Services Agreement.
Reverse Transitional Services Agreement means the agreement relating to the transitional services to be provided by the Group to the Seller Group for one year after Completion, including certain IT, finance and HR services relating to the Retained Business, which shall be agreed between the parties in accordance with paragraph 3 of Schedule 3;