A&S Business definition
Examples of A&S Business in a sentence
On the AS Separation Date, the assets and operations of the AS Business will be owned and conducted solely by the AS Subsidiaries (except to the extent such assets or operations are subject to the AS Separation Documents), and the AS Subsidiaries will not own any significant assets or conduct any significant operations not associated with the AS Business.
Electrical – BS Civil – BS Electrical Technology – BS Computer – BS Mechanical – BS Computer Technology – BS Mechanical Technology - BS Business – BA (warehouse) Construction – BS Engineering – BS Electrical – AS Construction – AS Mechanical – AS General – AA Civil – AS Business – AA United States Armed Services related Advanced Individual Training Courses related to specific trade.
Purchaser hereby grants to the Sellers a limited license to continue the use of Fasco Marks existing on the Closing Date for the life of dies, tooling, molds, and machinery and equipment as presently used in the A&S Business.
Except as otherwise required by Law or agreed to in writing, A&S and the Company shall each retain, for a period of at least seven (7) years following the Effective Time, all significant Information relating to (i) in the case of the Company, the A&S Business and (ii) in the case of A&S, the Retained Business.
Upon such separation of a Newco Shared Contract, the separated Contract that is related to the A&S Business will be a Newco Contract and the other separated Contract will be an Excluded Asset.
After any such compromise, settlement, consent to entry of judgment or entry of judgment, Fox and Newco shall agree upon a reasonable allocation to Newco of, and Newco shall be responsible for or receive, as the case may be, Newco’s proportionate share of any such compromise, settlement, consent or judgment attributable to the A&S Business, the A&S Assets or the A&S Liabilities, including its proportionate share of the reasonable costs and expenses associated with defending the same.
To the extent that A&S transfers directly or indirectly to any other person all or substantially all of the A&S Assets or the A&S Business, A&S will cause the transferee of such A&S Assets or A&S Business to assume specifically its obligations under this Agreement with respect thereto and will cause such transferee to fulfill its obligations related to the A&S Liabilities.
Service Recipient agrees that the Services are for the sole use and benefit of Service Recipient and its Affiliates, in each case, solely with respect to the A&S Business or the Fox Business, as applicable, conducted at Closing.
The access to Information, witnesses and individuals being granted pursuant to Section 5.1 and Section 5.3 and the disclosure to Newco and Fox of Privileged Information relating to the A&S Business or the other businesses of Fox pursuant to this Agreement in connection with the Internal Restructuring will not be asserted by Fox or Newco to constitute, or otherwise deem, a waiver of any Privilege that has been or may be asserted under this Section 5.4 or otherwise.
Upon such separation of a Fox Shared Contract, the separated Contract that is related to the A&S Business will be a Newco Contract and the other separated Contract will be an Excluded Asset.