Examples of BJI Business in a sentence
Waban shall keep in effect all policies under its ------- Insurance Program in effect as of the date of this Agreement insuring the BJI Assets and operations of the BJI Business until 12:00 midnight on the Distribution Date, unless BJI shall have earlier obtained appropriate coverage and notified Waban in writing to that effect.
In addition, Waban shall keep in effect all property insurance policies under its Insurance Program in effect as of the date of this Agreement insuring the BJI Assets and operations of the BJI Business until 12:00 midnight on October 31, 1997, unless BJI shall have earlier obtained appropriate coverage and notified Waban in writing to that effect.
Prior to or as soon as ------------------------------ practicable following the Distribution Date, Waban shall deliver to BJI all existing corporate books and records in Waban's possession relating to the BJI Business, including original corporate minute books, stock ledgers and certificates and corporate seals of each of BJI and each BJI Subsidiary, and all active agreements, active litigation files and records of filings.
HomeBase and BJI will cooperate in good faith to determine the appropriate amount of Tax Items attributable to the BJI Business to be reflected in the consolidated federal income Tax Returns of Waban and HomeBase for periods beginning on or before the Distribution Date.
HomeBase and BJI will cooperate in good faith to determine the appropriate amount of Tax Items attributable to the BJI Business to be reflected in such Returns of Waban and HomeBase for periods beginning on or before the Distribution Date.
Except as otherwise provided in this Agreement, Tax Items not clearly attributable either to the HomeBase Business or the BJI Business will be taken into account (i) for the HomeBase Group in the case of Section 3.02 (Allocation of Tax Liabilities With Respect to Unfiled Returns), and (ii) 25% for the HomeBase Group and 75% for the BJI Group in the case of Section 3.03 (Redetermined Tax Liabilities).
Unless otherwise provided in this Agreement, the BJI Group shall pay all Taxes and shall be entitled to receive and retain all refunds of Taxes with respect to periods beginning after the Distribution Date which are attributable to the BJI Business.
Waban hereby grants to BJI a non- ----------------------------- exclusive right and license during the period commencing on the Distribution Date and ending on the date which is six months after the Distribution Date to use the trademark "Waban" in connection with the BJI Business.
For purposes of determining a party's liability for ------- Taxes or entitlement to Tax Refunds, Tax Items clearly attributable to the HomeBase Business will be taken into account for the HomeBase Group, and Tax Items clearly attributable to the BJI Business will be taken into account for the BJI Group.
Notwithstanding anything contained herein to the contrary, if a ----------- Third Party Claim relates to a Liability of Waban not specifically allocable to the BJI Business or the HomeBase Business relating to events occurring prior to the Distribution or any Actions relating thereto (i.e., a Liability referred to in Item 2(b) of Schedule B as to which BJI is assuming 75% of the Liability), then BJI shall have the right to control the defense and settlement of such claim.