Component Business definition
Examples of Component Business in a sentence
The Executive shall serve as Senior Vice President of Optical Component Business Unit of the Company, reporting to the Company’s CEO.
The Seller has not granted any license or other right to any third party with respect to the Purchased Intellectual Property except in the ordinary course of the Component Business.
The Purchaser has no present intention to sell the Membership Interests or the entire Component Business to a third Person.
The Host Employer and its agents, employees and Interns shall not hold themselves out as MassCEC employees and shall not be deemed employees of MassCEC for any purpose, including all federal, state, and local laws applicable to income tax withholding, Federal Insurance Contributions Act taxes, unemployment insurance, workers’ compensation and any other rights, benefits, or obligations relating to a MassCEC employment relationship.
Typical applications for the Company's RF&M components include; but are not limited to, cellular base stations, distributed antenna systems, simulation testing, instrumentation, electronic warfare, radar and general lab usage; among other lines (the "Component Business").
Set forth in Section 2.28 of the Disclosure Schedule is a list of all of the subsidiaries of the Seller relating to the Component Business.
Except as expressly set forth in this Agreement, neither the Seller nor the Company makes any representation or warranty, express or implied, at law or in equity, in respect of any of its assets (including, without limitation, the Assets and the Component Business), properties, liabilities or operations, including, without limitation, with respect to merchantability for fitness for any particular purpose, and any such other representations or warranties are hereby expressly disclaimed.
Section 2.14 of the Disclosure Schedule sets forth a brief description of each material Governmental Order applicable to the Assets or the Component Business.
The Seller and the Purchaser will provide each other with such cooperation and information as either of them reasonably may request of the other in filing any Return, amended Return or claim for refund, determining a liability for Taxes or a right to a refund of taxes, participating in or conducting any audit or other proceeding in respect of Taxes or making representations to or furnishing information to parties subsequently desiring to purchase any part of the Component Business from the Purchaser.
The amounts of non-refundable royalties, related to the Component Business, paid in advance of the periods in respect of which they are accrued that are presented in, and the list of customers of the Seller which have paid such amounts as set forth in, Section 2.30 of the Disclosure Schedule ("Prepaid Royalties").are accurate and complete in all material respects.