Divested Company definition

Divested Company of any Person means any former Affiliate of a Person (whether such Person is now or hereafter an Affiliate thereof) as and from the moment it no longer qualifies as an Affiliate hereunder because of a sale, conveyance, split-off, spin-off or other transfer of all or a portion of such Person’s interest in such Affiliate, or any former unincorporated business or division of such Person (whether such business or division is now or hereafter a business of such Person) as and from the moment it is divested by the Person to a transferee that is not an Affiliate of such Person, it being understood that a Divested Company shall include a Person, unincorporated business or division that becomes a former Affiliate, unincorporated business or division after the date of the Asset Purchase Agreement, it being further understood that a Divested Company shall not include any Person, unincorporated business or division that becomes a former Affiliate, unincorporated business or division if at any time it was previously a Divested Company.
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Divested Company has the meaning set forth in the Intellectual Property Transfer and License Agreement, dated as of [ ], 2009 (the “IPTLA”), between Virage Logic and Licensee.
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Divested Company means any former Associated Company as from the moment it no longer qualifies as an Associated Company of Royal Philips or PSI, respectively, and any former unincorporated business of a party or Associated Company as from the moment it is divested by the relevant party or Associated Company (other than to another Associated Company of the relevant party).
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Examples of Divested Company in a sentence

  • With respect to all other Divested Company sublicenses hereunder, Purchaser shall consider in good faith any request by Seller to have the sublicense with respect to the applicable Divested Company extended to any Person, business, operation or activity with respect to which such Divested Company is combined or is merged, but solely for the purpose of conducting the business of such Divested Company (and not for any other purpose).

  • Any roadmap provided hereunder shall be kept strictly confidential in files of Purchaser’s CEO and/or Vice President of Engineering marked “Highly Confidential” and access thereto and use thereof shall be restricted solely for the purposes of determining whether the scope of the sublicense to, or the exercise of the sublicense by, the applicable Divested Company has been exceeded.

  • AMD Products will not be made accessible to Licensee or any Divested Company except in accordance with the provisions set forth on Exhibit E-1 to this Program Schedule.

  • Lenders may rely, in determining which Accounts are to be included as Eligible Receivables and Eligible Divested Company Receivables, on all statements and representations made by Borrowers in writing with respect to any Accounts.

  • Further, each sublicense agreement with or with respect to a Divested Company (not including the sublicense agreement with *** but including the sublicense agreement executed in connection with the exercise of *** of its permitted one (1) time further sublicense to a Divested Company of *** shall require such Divested Company to provide Purchaser with a copy of the roadmap applicable to such sublicense upon the written request of Purchaser.

  • The Buyer will, or will cause its Affiliates or a Divested Company to provide each Transferred Employee severance benefits which are required by applicable Law upon any involuntary termination without “cause” (as such term is defined on Schedule 5.9(d)) that occurs during the one year period beginning on the Closing Date.

  • With respect to all other Divested Company sublicenses hereunder, Virage Logic shall consider in good faith any request by Licensee to have the sublicense with respect to the applicable Divested Company extended to any Person, business, operation or activity with respect to which such Divested Company is combined or is merged, but solely for the purpose of conducting the business of such Divested Company (and not for any other purpose).

  • Further, each sublicense agreement with or with respect to a Divested Company (not including the sublicense agreement with *** but including the sublicense agreement executed in connection with the exercise of *** of its permitted one (1) time further sublicense to a Divested Company of ***) shall require such Divested Company to provide Purchaser with a copy of the roadmap applicable to such sublicense upon the written request of Purchaser.

  • Schedule 3.18(b)(i) sets forth all of the real property owned by a Divested Company or a member of the Remaining Ferro Group that constitutes a Sold Asset (together with all buildings, structures, fixtures and improvements located thereon) (the “Business Owned Real Property”).

  • Using data compiled from the beforementioned technical study, Natural Investigations will prepare the Cultural Resources and Tribal Cultural Resources sections of the Initial Study preparing at a minimum to the items listed in CEQA Appendix G: Environmental Checklist Form of the CEQA Guidelines.


More Definitions of Divested Company

Divested Company has the meaning set forth in the in the IPTLA.
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Related to Divested Company

  • Related Company means any entity that is directly or indirectly controlled by, in control of or under common control with the Company.

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • Restricted Company means any of the foregoing.

  • Associated Companies : means any agent with delegated authority under Section 20 of these Terms and Conditions.

  • Associated Company means any legal entity of which a person or company has direct or indirect Control and only as long as a person or company maintains direct or indirect Control.