ADTSS definition
Examples of ADTSS in a sentence
All Unclaimed Property including unidentified Unclaimed Property that either (i) relates to the Tyco Retained Business for transactions that occurred prior to the ADTSS Separation Date or (ii) is otherwise not specifically identifiable with the ADT NA Business as of the ADTSS Business Separation Date, shall be retained by Tyco after the ADTSS Business Separation Date and the administration, remittance and any escheatment of such Unclaimed Property shall be the responsibility of Tyco.
The Escheatment Schedule attached hereto as Schedule 5.2 reflects all Unclaimed Property that the Parties have determined is either (i) escheatable (reportable) in accordance with the Unclaimed Property Law of the applicable state, or (ii) Dormant Funds as of the date of the ADTSS Balance Sheet.
The Parties acknowledge and agree that the Business License Matters provisions of this Agreement apply solely with respect to ADTSS.
The Parties acknowledge and agree that the Unclaimed Property provisions of this Agreement apply solely with respect to ADTSS.
The ownership, administration, remittance and any escheatment of all ADT Customer Credits shall be transferred to ADT LLC on the ADTSS Business Separation Date and the administration, remittance and any escheatment of such ADT Customer Credits shall be the responsibility of ADT NA.
All Unclaimed Property, other than ADT Customer Credits, that relate to the ADT NA Business in connection with any transaction that occurred prior to the ADTSS Business Separation Date shall be retained by Tyco after the ADTSS Business Separation Date and the administration, remittance and any escheatment of such Unclaimed Property shall be the responsibility of Tyco.