Wrap Business definition
Examples of Wrap Business in a sentence
Schedule 5.13 sets forth a list of all current employees of Sellers located in Memphis, Tennessee who sell or market the products sold by the ▇▇▇▇ Wrap Business and the annual base salary and bonus opportunities of each such person as of September 1, 2011.
To the Knowledge of Sellers, none of the ▇▇▇▇ Wrap Business suppliers, trade creditors or other persons or entities doing business with the ▇▇▇▇ Wrap Business intends to cease doing business or restrict or adversely change the terms of the business done with the ▇▇▇▇ Wrap Business.
To the Knowledge of Sellers, no products, goods, parts, or accessories imported by the ▇▇▇▇ Wrap Business in the last five years are or have been subject to any countervailing or antidumping duty investigation, order, notice, or other proceeding by the U.S. Department of Commerce or the U.S. International Trade Commission.
Sellers further agree to use commercially reasonable efforts during normal business hours to provide Buyer and the ▇▇▇▇ Wrap Team: (i) access to legally permissible internet connections at the Facility, (ii) access to Cleo’s land line phone systems and services at the Facility, for which Sellers will invoice Buyer for long distance and international charges, and (iii) assistance from Sellers’ IT department to assist Buyer’s IT department with securing Sellers’ existing server for the ▇▇▇▇ Wrap Business.
For purpose of this Agreement “2012 Christmas Season” means the time frame, which generally begins with planning and design in or about April 2011 and includes all activities related to the production, marketing and sales to customers of products of the ▇▇▇▇ Wrap Business for resale by customers during the 2012 Christmas retail season.
All products manufactured, sold, leased, or delivered by, and all services provided for the ▇▇▇▇ Wrap Business by Sellers (or any person or entity for which Sellers may be responsible) have been in conformity with all material applicable contractual commitments and all express and implied warranties, and Sellers have no material Liability for replacement or repair thereof or other damages in connection therewith.
Pursuant to an Asset Purchase Agreement dated the date hereof by and among Buyer, ▇▇▇▇ Inc, a Tennessee corporation (“▇▇▇▇”), and CSS Industries, Inc., a Delaware corporation (“CSS” and together with ▇▇▇▇, “Sellers”), (the “Purchase Agreement”), Sellers will sell, and Buyer will acquire, certain assets of ▇▇▇▇ and CSS relating to the ▇▇▇▇ Wrap Business, all on the terms and subject to the conditions set forth in the Purchase Agreement.
To the Knowledge of Sellers, none of its material existing ▇▇▇▇ Wrap Business customers intends to cease purchasing or to materially reduce the amount of its purchases from the ▇▇▇▇ Wrap Business.
To the Knowledge of Sellers, the Fixed Assets included in the Purchased Assets are in working condition and repair (ordinary wear and tear excepted), and are usable in the ordinary course of the ▇▇▇▇ Wrap Business.
Sellers agree to waive and release any rights that Sellers have under agreements with ▇▇▇▇ Wrap Licensors for the 2012 Christmas Season as it relates to the ▇▇▇▇ Wrap Business.