Technology Playground definition
Examples of Technology Playground in a sentence
The Sellers will provide to Buyer the agreements and other documents pursuant to which Technology Playground was divested from the Group Companies.
No obligations or liabilities related to or arising from Technology Playground will remain with either Group Company as of the Closing Date or thereafter.
In the case of Technology Playground, all of the assets used by the Group Companies exclusively to conduct the business of Technology Playground were divested to a Person other than the Company and such Person has assumed, without any limitations, all liabilities and obligations related to or arising from Technology Playground.
The divestiture of Technology Playground will not result in any liability to or obligations of either Group Company and will not cause either Group Company or the Buyer to incur any liability or obligation.
The parties further agree that Technology Playground and CSS Technical Staffing are not being purchased by Buyer as a result of the acquisition of the Purchased Equity Interests.
All of the assets used by the Group Companies exclusively to conduct the business of Technology Playground will be divested to a Person other than the Company before the Closing Date, and such Person will assumed, without any limitations, all liabilities and obligations related to or arising from Technology Playground.
The Sellers and Group Companies will have taken all necessary actions to completely separate all legal and contractual ties between Technology Playground and each of the Group Companies by the Closing Date.