Purchaser Employees definition

Purchaser Employees means the officers and material employees of the Purchaser and its Subsidiaries.
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Purchaser Employees shall have the meaning ascribed to it in Section 6.18(a) hereof.
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Purchaser Employees means the employees of the Purchaser and its Subsidiaries.
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Examples of Purchaser Employees in a sentence

  • Purchaser shall maintain, at its own expense, a blanket fidelity bond and an errors and omissions insurance policy, with broad coverage on all officers, employees or other persons acting in any capacity requiring such persons to handle funds, money, documents or papers relating to the Mortgage Loans ("Purchaser Employees").

  • Any such fidelity bond and errors and omissions insurance shall protect and insure Purchaser against losses, including forgery, theft, embezzlement, fraud, errors and omissions, failure to maintain any insurance policies required pursuant to this Exhibit, and negligent acts of such Purchaser Employees.

  • Purchaser also shall credit New Purchaser Employees for amounts paid under Target Benefit Plans for the plan year for purposes of applying deductibles, co-payments and out-of-pocket maximums under the employee benefit plans of Purchaser.

  • The Seller and Purchaser intend that no COBRA obligations will arise with respect to the Seller's Code Section 125 Plan with respect to New Purchaser Employees whose Code Section 125 health and/or dependent care accounts are transferred to Purchaser pursuant to (iii) below.

  • Without limiting the generality of Section 2.4(c), Purchasers shall be responsible under the Conveyed Entity Benefit Plan or Purchaser Plan, as applicable, for all amounts payable by reason of claims incurred by Purchaser Employees and their eligible spouses, dependents and beneficiaries after the Closing Date.

  • All employment arrangements between Purchaser and such employees to be hired by Purchaser (the "New Purchaser Employees") will be negotiated directly between Purchaser and such employees.

  • An offer of employment shall be made by Parent or Purchaser to Seller employees employed by the Business ("Prospective New Purchaser Employees").

  • Purchaser also shall credit New Purchaser Employees for amounts paid under Target Benefit Plans for the plan year including the Effective Time for purposes of applying deductibles, co-payments and out-of-pocket maximums under the Purchaser Benefit Plans.

  • As of the Closing, all of the Purchaser Employees will cease participation in any of the Employee Benefit Plans that such Purchaser Employees participated in immediately prior to the Closing that are not Assumed Plans.

  • Nothing contained in this Agreement shall confer upon any Purchaser Employee any right with respect to continuance of employment by Purchaser, nor shall anything herein interfere with the right of Purchaser to terminate the employment of any Purchaser Employees at any time, with or without notice, or restrict Purchaser, in the exercise of its business judgment in modifying any of the terms or conditions of employment of the Purchaser Employees after the Closing.


More Definitions of Purchaser Employees

Purchaser Employees means the Employees of Sellers who accept an offer of employment with Purchaser based on the initial terms and conditions set by Purchaser.
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Purchaser Employees has the meaning set forth in Section 8.1. -------------------
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Purchaser Employees means all Purchaser Sales Force Personnel and, from and after the applicable Employee Transfer Date for any Transferred Employee, such Transferred Employee.
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Purchaser Employees has the meaning set forth in Section 8.1(c).
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Related to Purchaser Employees

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Former Employees means a former member of management of Icahn Enterprises (or any of its Subsidiaries (including any Guarantors)), other than the Principal, who voluntarily or upon any other termination is no longer employed by any of Icahn Enterprises or any of its Subsidiaries (including any Guarantors) and who holds Equity Interests that are required to be redeemed or purchased pursuant to any contractual requirements upon such termination of employment.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Servicer Employees As defined in Section 2.12.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Transferring Former Supplier Employees in relation to a Former Supplier, those employees of the Former Supplier to whom the Employment Regulations will apply on the Relevant Transfer Date; and

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Current Employees has the meaning set forth in Section 6.4(a).

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Servicer Employee As defined in Section 3.18.

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Transferring Supplier Employees means those employees of the Supplier and/or the Supplier’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Owner-Employee means a Self-Employed Individual who is a partner and owns more than 10% of either the capital or profits interest of the partnership.

  • Purchaser’s Group means the Purchaser and its Affiliates from time to time;