Transferred Entity definition

Transferred Entity means Spinco or any Subsidiary of Spinco immediately before the Distribution.

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Transferred Entity shall have the meaning set forth in Section 2.2(a)(i).

Transferred Entity has the meaning ascribed to such term in Section 4(b).

Examples of Transferred Entity in a sentence

• Buyer shall cause the Transferred Entity to, and the Transferred Entity shall, promptly (and, in any event, within ten (10) Business Days following the later of the Closing Date and the date of the applicable payment) reimburse Parent or its applicable Affiliates for any payments made by them to any Transferred Employees in respect of earned but unused vacation time that become due as a result of the transfer of employment contemplated by this Article VI.

• At Parent’s request, Buyer shall or shall cause the applicable Transferred Entity to transfer all right, title and interest in such Retained Asset and, at Buyer’s request, Parent shall cause the applicable Parent Group Entity to accept and assume such Retained Liability, in each case, as soon as practicable for no consideration.

• Any Parent Group Entity may, to be effective at the Closing, amend any Insurance Policies in the manner they deem appropriate to give effect to this Section 5.10(a) provided that the Parent Group will not take any action the primary purposes of which is to cause the Business or the Transferred Entity, the Business, the Business Assets or the Business Liabilities to no longer be eligible for coverage under the Specified Insurance Policies with respect to Pre-Closing Occurrences.

• No broker, finder or investment banker, other than the Financial Advisor, is entitled to any brokerage, finder’s or other fee or commission from the Transferred Entity in connection with the Transactions.

• Neither Buyer nor any of the Transferred Entity shall take any action that would have the effect of limiting the aggregate amount of insurance coverage required to be maintained for the directors and officers referred to in this Section 5.10(d).

More Definitions of Transferred Entity

Transferred Entity means the Transferred Company and each Subsidiary of the Transferred Company as of the Closing, which Subsidiaries are listed on Section 3.1 of the Seller Disclosure Schedule.

Transferred Entity means Everus Construction, Inc. (formerly known as MDU Construction Services Group, Inc.), a Delaware corporation.

Transferred Entity means the Companies and each Person that is or will be, as of the Closing, a Subsidiary of any of the Companies, each of which are set forth on Section 3.1 of the Parent Disclosure Schedule.

Transferred Entity means each Transferred Company and each Transferred Company Subsidiary.

Transferred Entity means AUCA.

Transferred Entity or “Transferred Entities” has the meaning set forth in the Recitals.

Transferred Entity means the entities set forth on Schedule I hereto.