Acquired Unit definition

Acquired Unit means Solutions Consulting, Inc., a wholly owned subsidiary of P▇▇▇▇ Systems that acquired substantially all the assets of a Pennsylvania corporation of the same name, and any successor entity.
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Acquired Unit means any division, unit or business which is merged, consolidated, amalgamated with, or acquired by, the Originator or any Original Seller pursuant to an Acquisition; provided, however, that no such division, unit or business shall be an Acquired Unit if such division, unit or business (i) is merged, consolidated, amalgamated with or acquired by the Originator, (ii) shall have reported gross revenues of less than $60,000,000 in its most recently ended fiscal year at the time of such merger, consolidation, amalgamation or acquisition, (iii) is engaged in a business similar to that of the Originator or any Original Seller as of the date hereof, and (iv) is included in the Originator's "SFD" reporting system.
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Examples of Acquired Unit in a sentence

  • No Company Party, nor any Acquired Unit or the Assets is the subject of any pending, rendered or, to the Knowledge of the Company, threatened insolvency proceedings of any character.

Related to Acquired Unit

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.