B&W Business definition

B&W Business means the business and operations conducted by the B&W Group as of the Distribution Date, as such business and operations are described in the Information Statement.

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B&W Business means the business acquired by ▇▇▇▇▇▇▇▇ American from B&W pursuant to the Combination Agreement.

B&W Business means the tobacco businesses of B&W and the Included Subsidiaries as such businesses have been conducted in the United States and its territories and possessions on or prior to the date of this Agreement.

Examples of B&W Business in a sentence

With respect to matters relating to the B&W Business, B&W shall have sole authority in perpetuity to determine whether to assert or waive any or all Privileges, and MII shall take no action (or permit any of its Subsidiaries to take action) without the prior written consent of B&W that could, in B&W’s Good Faith Judgment, result in any waiver of any Privilege that could be asserted by B&W or any of its Subsidiaries under applicable Law and this Agreement.
Any such information shall be provided by B&W Opco at the same times and in the same format as previously supplied to B&W by the B&W Business.
In the event that after the Effective Time, any property, asset or right that was used primarily, or held for use primarily, in the B&W Business prior to the Effective Time (other than an Excluded Asset) has not been transferred to B&W Opco pursuant to the B&W Opco Formation Agreement, B&W shall take all such actions as are necessary to cause such property, asset or right, as the case may be, to be transferred to B&W Opco without the payment of additional consideration.

More Definitions of B&W Business

B&W Business means the tobacco businesses of B&W and its subsidiaries as such businesses have been 102 conducted in the United States and its territories and possessions on or prior to the date of this Agreement. A "B&W Material Adverse Effect" means any change, effect, event, occurrence, state of facts or development that, individually or in the aggregate, (a) is materially adverse to the business, financial condition or results of operations of the B&W Business (other than with respect to the Excluded Assets and Excluded Liabilities) and CMS, taken as a whole, or (b) is reasonably likely to prevent or materially impede, interfere with, hinder or delay the consummation by B&W and its affiliates of the Transactions, other than, in each case, any change, effect, event, occurrence, state of facts or development arising out of or related to (w) economic or political conditions or the securities markets in general, (x) any failure, in and of itself, by B&W to meet any internal or published projections, forecasts, or revenue or earnings predictions, (y) the industry in which B&W and RJR participate or (z) the announcement or existence of the Transactions. A "B&W Transaction Material Adverse Effect" means any change, effect, event, occurrence or development occurring after the date of this Agreement that, individually or in the aggregate, (a) is reasonably likely to render B&W Opco Insolvent following the Asset Contribution and Assumption of Liabilities or (b) is reasonably likely to render ▇▇▇▇▇▇▇▇ American Insolvent following the consummation of the Transactions.