Examples of Combined Businesses in a sentence
Since the respective dates as of which information is given in the Disclosure Package and the Final Prospectus, there has not been any material adverse change in, or any adverse development which materially affects, the condition (financial or otherwise), results of operations, business or properties of the Combined Businesses, taken as a whole, in each case other than as set forth or contemplated in the Disclosure Package and the Final Prospectus exclusive of any amendment or supplement thereto.
None of the Combined Businesses has engaged in any material, individually or in the aggregate, illegal dealings or transactions with or for the benefit of a Sanctioned Person subject, or with or in a Sanctioned Country, in the preceding 3 years, and the Combined Businesses have controls in place to ensure that they do not have any such illegal dealings in the future.
Represents an adjustment to reflect deferred subscription and warranty revenue that was eliminated under business combination accounting standards to make the 2017 and 2016 non-U.S. GAAP combined business results comparable.NM - Not meaningfulIn the US, for the three month period ended March 31, 2017, sales of our Combined Businesses declined 10.0% on a constant currency basis.
Excluding this impact, internal sales growth in this region was primarily driven by higher demand in the Dental and Healthcare Consumables segment.In Rest of World, for the three month period ended March 31, 2017, sales of our Combined Businesses declined 2.4% on a constant currency basis.
In the event that revenue or Adjusted OIBDA for the Combined Businesses falls between two specified levels set forth in the schedule approved by the Committee, the resulting bonus amount shall be interpolated on a straight-line basis between those two points.
In connection with the transition of our distribution strategy in North America, net sales, excluding precious metal content, was unfavorably impacted by approximately $30 million as a result of changes in net equipment inventory levels at a certain distributor in the United States for the quarter ended March 31, 2016 as compared to the quarter ended March 31, 2017.In Europe, for the three month period ended March 31, 2017, sales of our Combined Businesses grew 5.3% on a constant currency basis.
In determining the actual level at which Adjusted OIBDA for the Combined Businesses has been attained, Adjusted OIBDA will be determined consistent with the Company’s methodology for calculating Adjusted OIBDA for financial reporting purposes.
On the basis of such certification, the Committee shall determine for each Participant the portion of such Participant’s actual bonus award that is allocated to the financial results of the Combined Businesses.
Integration of the Combined Businesses The success of the expected benefits from the Arrangement will depend, in part, on the ability of management ofFiera Sceptre to realize the anticipated benefits and cost savings from integration of the businesses of Fiera Capital and Sceptre.
Since the respective dates as of which information is given in the Disclosure Package and the Final Prospectus, there has not been any material adverse change in, or any adverse development which materially affects, the condition (financial or otherwise), results of operations, business or properties of the Combined Businesses, taken as a whole, in each case other than as set forth or contemplated in the Disclosure Package and the Final Prospectus exclusive of any supplement thereto.