UQF definition

UQF means the University Qualifications Framework which is a learning outcome based system that defines specific levels of learning achievements designed to testify that the holder of the award possesses the requisite knowledge, skills and competences in the relevant higher education level.
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UQF has the meaning set forth in the introductory paragraph. “USDA” means the United States Department of Agriculture. “WARN Act” means the Worker Adjustment and Retraining Notification Act of 1988, as amended, and any similar foreign, state or local Law, as amended. “Working Capital” means (i) accounts receivable of the RW Company, allocated accounts receivable of the GH Company, tolling accounts receivable of the Plants and the Las Vegas Plant plus (ii) raw materials and maintenance parts inventory of the RW Company, raw materials and maintenance parts inventory at the Keystone Plant, finished goods inventory of the RW Company branded Products and Private Label Products owned by UQF or the RW Company and finished goods inventory of the GH Company branded Products owned by UQF, plus (iii) security deposits of any Company, minus (iv) accounts payable of the RW Company and the Keystone Plant, minus (v) accrued expenses of the RW Company and the Keystone Plant , in each case, determined as of the Measurement Time in accordance with the Applicable Accounting Principles. For the avoidance of doubt, Working Capital shall exclude Cash, Restricted Cash and any Tax assets (whether current or deferred)) of any Company, and shall exclude Indebtedness, Transaction Expenses, Transaction Payments and any Tax Liabilities (whether current or deferred), as well as any Tax refunds with respect to any Pre-Closing Tax Period of any Company. An illustrative
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Examples of UQF in a sentence

  • Prior to the Closing, without the prior written consent of UQF, which may be withheld for any reason, no Buyer Party shall contact any suppliers to, or customers of, any Company or the Business; provided, that this shall not limit any Buyer Party from any contact with any of the foregoing unrelated to the transactions contemplated by this Agreement.

  • Each Company may assign its rights under this license, without expanding the scope of the license, to a successor in connection with a merger, sale of all or substantially all of its assets, or sale or other divestiture of any of the current or future Products or associated trademarks and such Company shall give UQF written notice of any such assignment within 30 days after such assignment.

  • Sellers’ obligation to pay the Retention Bonus Amount shall be paid from the Seller Indemnity Escrow Amount prior to its release to UQF following the twelve (12)-month anniversary of the Closing Date.

  • Within ninety (90) days of the Closing Date, but with at least two (2) Business Days prior written notice to UQF, the PA Real Estate Buyer shall disassemble, pack and remove the Grand Rapids Pellet Frying Equipment from its current Seller location, and transport such Grand Rapids Pellet Frying Equipment to a Buyer facility.

  • Immediately prior to the Closing, Sellers shall cause the RW Company to transfer the employment of all employees who are employed by the RW Company to UQF or an Affiliate of UQF (other than a Company).

  • This Agreement, the other Transaction Documents and the NDA contain the entire agreement and understanding between the Parties with respect to the subject matter hereof and thereof and supersede all prior agreements and understandings, whether written or oral, relating to such subject matter in any way (including the letter of intent dated December 14, 2023 between Buyer Guarantor and UQF with respect to the transactions contemplated hereby).