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MRVL » Topics » (d) No Condition . Nothing in this Article V shall be construed to establish or impose a condition to Closing regarding the Business Employees acceptance of employment with Buyer.This excerpt taken from the MRVL 8-K filed Nov 14, 2006. (d) No Condition. Nothing in this Article V shall be construed to establish or impose a condition to Closing regarding the Business Employees acceptance of employment with Buyer.5.16 Protection of Privacy. The data related to customers of the Business which is included in the Transferred Assets (the Customer Data) has been collected by the Selling Parties over the internet under the conditions set forth in the Seller Privacy Policy attached as Schedule 5.16 to this Agreement (the Privacy Policy) and is transferred to Buyer and/or Buyer Designees subject to the obligations set forth in the Privacy Policy. Buyer covenants and agrees that it will not use, and will cause each Buyer Designee not to use, the Customer Data in any manner that conflicts with the terms of the Privacy Policy.5.17 Cash Consideration. Buyer shall maintain sufficient cash, available lines of credit or other sources of immediately available funds to enable it to consummate the transactions contemplated by this Agreement, including payment of the Cash Consideration to Seller or the Subsidiary Sellers. |
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