A Divested definition
A Divested. Unit shall mean any subsidiary, division or department of HSBC or of an HSBC Group Member, which was immediately prior to a particular date (the Divestment Date), properly entitled to receive Services and, would not, on or after the Divestment Date, be part of HSBC or be HSBC Group Member or part of an HSBC Group Member and therefore not entitled (other than by virtue of this provision) to receive Services and or Deliverable(s).
Examples of A Divested in a sentence
Transition Period for Divested Entities 15.2 A Divested Entity will remain covered by this Processor Code after its divestment for such period as is required by Oracle to disentangle the Processing of Personal Information relating to such Divested Entity.