Application of the Regulations. OTI UK and the Buyer acknowledge and agree that the Regulations will apply to the sale and purchase of the Business under this Agreement (to the extent situated in the UK) and to the Transferring Employees save for any provisions relating to any benefits under an occupational pension scheme for old age, invalidity or survivors which do not transfer under the Regulations.
Appears in 2 contracts
Sources: Asset Purchase Agreement, Asset Purchase Agreement (Opko Health, Inc.)