“Environmental, Health, and Safety Requirements” means all Laws and Orders concerning public health and safety, worker and occupational health and safety, natural resources and pollution or protection of the environment, including all those relating to the presence, generation, handling, transportation, treatment, storage, disposal, distribution, labeling, testing, discharge, release, threatened release, or cleanup of any Hazardous Substances, materials, or wastes, chemical substances, or mixtures, pesticides, pollutants, contaminants, toxic chemicals, petroleum products or byproducts, fuel oil products and byproducts, mold, asbestos, polychlorinated biphenyls, noise, or radiation, as generally applicable in the industry in which the Company Parties operate in the United States.
“ERISA” means the Employee Retirement Income Security Act of 1974, as amended.
“Escrow Agent” means Wilmington Trust, National Association, a national association.
“Escrow Agreement” means an Escrow Agreement, substantially in the form of Exhibit E, by and among GTY, eCivis Holders’ Representative and the Escrow Agent.
“Escrow Shares” means a number of Merger Shares equal to the quotient obtained by dividing (i) either (A) $2,500,000, if the gross proceeds made available to GTY from any Alternative Financing Sources and the amount of funds in the Trust Account is, in the aggregate, less than $325,000,000 at Closing or (B) $2,000,000, if the gross proceeds made available to GTY from any Alternative Financing Sources and the amount of funds in the Trust Account is, in the aggregate, equal to or greater than $325,000,000, by (ii) the 30-Day VWAP as of the Closing Date.
“Estimated Closing Cash Amount” has the meaning set forth in Section 1.4(a).
“Estimated Closing Indebtedness Amount” has the meaning set forth in Section 1.4(a).
“Exchange Agent” has the meaning set forth in Section 1.3(a).
“Exchange Fund” has the meaning set forth in Section 1.3(a).
“Final Cash Consideration” has the meaning set forth in Section 1.5(e).
“Financial Statements” has the meaning set forth in Section 2.6(a).
“Foreign Benefit Plan” has the meaning set forth in Section 2.16(a).
“FTC” means the United States Federal Trade Commission.
“Fundamental Representations” means, collectively, (a) the representations and warranties of the Company set forth in Sections 2.1 (Organization, Qualification, Power), 2.2 (Authorization), 2.3 (Capitalization and Subsidiaries; Title to eCivis Shares), 2.4(a), 2.4(c) and 2.4(d) (Non-contravention; Required Consents), 2.5 (Brokers’ Fees), 2.6(d) (Transaction Expenses), 2.9 (Tax Matters), 2.18 (Affiliate Transactions; Certain Business Relationships), and (b) the representations and warranties of GTY and Merger Sub set forth in Sections 3.1 (Organization, Qualification, Power), 3.2 (Authorization), 3.3 (Capitalization), 3.4 (Non-contravention; Required Consents), 3.5 (Brokers’ Fees).
“GAAP” means the generally accepted accounting principles in the United States, as in effect from time to time, consistently applied.
“Goods” has the meaning set forth in Section 2.21(a).
“Governmental Body” means any international, foreign or domestic federal, state or local government or quasi-governmental authority or any department, agency, subdivision, court or other tribunal of any of the foregoing, or any entity or enterprise owned, controlled or sponsored by any of the foregoing.
“Governmental Rule” means any law, statute, rule, regulation, ordinance, order, code, treaty, judgment, decree, or any published directive or requirement which has the force of law, or other legally binding form of governmental restriction or decision, of any Governmental Body.
“GTY” has the meaning set forth in the preface of this Agreement.
“GTY Board” means the board of directors of GTY.