Alcon Business definition

Alcon Business means the worldwide ophthalmic surgical, over-the-counter vision care and contact lens care and contact lens businesses conducted at any time prior to the Separation Date by either Party or any of their respective Affiliates, or on or after the Separation Date by any member of the Alcon Group, including the research, Development, Manufacture, or Commercialisation of Alcon Products but excluding the Novartis Products;
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Alcon Business has the meaning given in the Separation Agreement;
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Examples of Alcon Business in a sentence

  • Novartis, acting through its Subsidiaries, currently conducts, among other businesses, the Alcon Business.

  • If the Novartis Audit Team does not serve a Dispute Notice under and within the time period set out in paragraph 1.8 (Dispute Notices), the Draft Economic Benefit Statement shall constitute the Economic Benefit Statement in respect of the Brazilian Alcon Business for the relevant Quarterly Accounting Period to which that Economic Benefit Statement relates.

  • Alcon (and each member of the Alcon Group, including Alcon Brazil) shall not be entitled to make any claim for damages against Novartis (or any member of the Novartis Group, including Novartis Brazil) in respect of a breach of this Part D (Management and Control of the Brazilian Alcon Business) otherwise than pursuant to a claim brought under paragraph 1.8 (Fraud and Gross Negligence) below.

  • The parties have entered into a Separation and Distribution Agreement dated as of , 2019 (the Separation Agreement) to implement the separation of the Alcon Business from the Novartis Business.

  • Within one (1) month following the end of each Quarterly Accounting Period, Alcon shall provide Novartis’ internal audit team (or external auditors) (the Audit Team) a draft statement setting out the Economic Benefit Amount in respect of the Brazilian Alcon Business for such Quarterly Accounting Period (or, if applicable, such part of the Quarterly Accounting Period as falls prior to the Brazil Delayed Closing Date).

  • Alcon shall (and shall procure that Alcon Brazil shall) supply such cooperation, support, access and other assistance (including the supply of products, the supply of services and access to Information (but excluding any access to Intellectual Property Rights except as referred to in paragraph 1.10 (IP Licence) below) as shall be reasonably necessary to allow Novartis Brazil to operate the Brazilian Alcon Business in accordance with this Schedule 3 (Brazil).

  • The parties have entered into a Separation and Distribution Agreement dated as of 8 April 2019 (the Separation Agreement) to implement the separation of the Alcon Business from the Novartis Business.

Related to Alcon Business

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Retained Businesses means all businesses now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.

  • Micro Business means a company which either:

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Licensed Business means the activities connected with the conveyance of

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Distribution Business means the business of operating and maintaining a distribution system for supplying electricity in the area of supply of the Distribution Licensee;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Company Business means the business of the Company as presently conducted.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Air Transportation Business means the carriage by aircraft of persons or property as a common carrier for compensation or hire, or carriage of cargo or mail by aircraft, in air commerce, as defined in 49 U.S.C. § 40102, as amended.

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Qualified business means an eligible business that: