Separate Subsidiary. 39 Section 7.2 Management of the Surviving Corporation ...................... 39 Section 7.3 Private Placement and Registration and Listing ............... 39 Section 7.4 Release of Stockholder Guarantees ............................ 39 Section 7.5 Autonomy ..................................................... 40 ARTICLE VIII ................................................................ 42
Separate Subsidiary. Parent and the Stockholders agree that from and after the Closing Date through September 30, 2000 (the "Earn-Out Period"), Parent shall cause the operations of the Surviving Corporation to be conducted and managed as a separate subsidiary, in substantially the same manner (except as modified by the provisions of Section 7.2 below) as the operations of the Company were conducted prior to the Closing Date.
Separate Subsidiary. 2.11.1 In the event Qwest establishes a separate subsidiary to provide xDSL or other data services, and that separate subsidiary Line Shares with Qwest, Qwest will provision Line Sharing to the separate subsidiary at the same rates Qwest then is using to provide Line Sharing to other December 15, 2000/msd/New Edge-Line Sharing-Am5-NE 15 Amendment to CDS-990927-0225 telecommunications carriers. Those same rates will be made available to all telecommunications carriers on a nondiscriminatory basis.
Separate Subsidiary. During the Earnout Period, the Buyer shall maintain financial records to account for the operations of the Company as if it
Separate Subsidiary. 22 (e) Building Capacity and Equipment................................ 22
Separate Subsidiary. From the time of Closing until the Adair-Flanders Shares either xxxx xx xxxx to vest, Buyer agrees to operate Air Seal as a separate subsidiary in a manner similar to the current operation with its Financial Statements prepared in compliance with Generally Accepted Accounting Principles and other relevant rules and regulations.
Separate Subsidiary. Columbia intends to operate the Combined Bank as a separately chartered subsidiary of Columbia following Closing.
Separate Subsidiary. From the Closing Date until the Additional Shares, if any, have been finally determined, Acquiror will continue to operate the Company as a separate Subsidiary and will, unless finally determined to the contrary by a court of competent jurisdiction, allow the Company to continue to treat sales representatives as independent contractors.
Separate Subsidiary. During the Earnout Period, the Parent shall maintain sufficient records to account for all Bookings of the Surviving Corporation, and shall include in such records the Bookings from all relevant contracts of Parent and its Affiliates. Parent shall use such records to calculate the Surviving Corporation’s Bookings, and shall include in calculating the Surviving Corporation’s Bookings (and any resulting Earnout Payment) any Bookings generated by the Surviving Corporation, and Bookings generated by Parent or Parent’s Affiliates (but only to the extent specifically provided in the definition of “Bookings”).
Separate Subsidiary. 22 6.9 Jaci Xxxxxxxxx Xxxagement Agreement..........................................22 6.10
