Examples of American Entity in a sentence
The Company and/or its Affiliates on the one hand, and any First American Entity on the other hand, may renew any such agreement or understanding on terms substantially similar to those in such agreements or understanding.
Following the Effective Time, except as set forth in the following sentence, Xenia (acting directly or through any Xenia Entity) shall be responsible for any and all Liabilities and other obligations with respect to the Xenia Equity Plans and all awards granted thereunder, and Inland American (acting directly or through any Inland American Entity) shall be responsible for any and all Liabilities and other obligations with respect to the Inland American Equity Plans and all awards granted thereunder.
Each Inland American Entity and each Xenia Entity shall cooperate with respect to any notification to appropriate Governmental Authorities of the effective time and the issuance of new, or the transfer of existing, workers’ compensation insurance policies and claims handling contracts.
Following the Effective Time, (i) Xenia shall (directly or through another Xenia Entity) recognize and honor the Accrued PTO credited to each Xenia Employee by such individual’s employer immediately prior to the Effective Time and (ii) Inland American shall (directly or through another Inland American Entity) recognize and honor the Accrued PTO credited to each Inland American Employee by such individual’s employer immediately prior to the Effective Time.
Following the Effective Time, Xenia (acting directly or through any Xenia Entity) shall be responsible for any and all Liabilities and other obligations with respect to the Xenia 401(k) Plan, and Inland American (acting directly or through any Inland American Entity) shall be responsible for any and all Liabilities and other obligations with respect to the Inland American 401(k) Plan.
Subject to the provisions of ERISA and the Code, on and after the Distribution Date, each Inland American Entity shall be a separate and independent employer from each Xenia Entity.
The Parties shall cooperate to effectuate any transfers of employment contemplated by this Agreement, including transfers necessary to ensure that all Inland American Employees are employed or engaged at an Inland American Entity and all Xenia Employees are employed or engaged at a Xenia Entity, in each case, as of immediately prior to the Effective Time.
Except as expressly provided for in Article V, nothing in this Agreement shall (a) prohibit any Xenia Entity from amending, modifying or terminating any Xenia Benefit Plan or Xenia Individual Agreement at any time, subject to the terms and conditions thereof, or (b) prohibit any Inland American Entity from amending, modifying or terminating any Inland American Benefit Plan or any Inland American Individual Agreement at any time, subject to the terms and conditions thereof.
Following the Effective Time, Xenia (acting directly or through any Xenia Entity) shall be responsible for any and all Liabilities and other obligations with respect to the Xenia Cafeteria Plan, and Inland American (acting directly or through any Inland American Entity) shall be responsible for any and all Liabilities and other obligations with respect to the Inland American Cafeteria Plan.
Xxxxxxx Telephone No.: 248/200-0000 Facsimile No.: 248/203-0763 Notice to an American Entity must be provided to AHCC as its agent and AHCC’s counsel, except that after the Closing Notice to an Acquired Entity must be provided to Omega as agent and to Omega’s counsel.