Divestiture definition
Divestiture means any transaction or event that the Board specifies as a Divestiture under Section 10.5.
Divestiture means deactivating a service power previously authorized.
Divestiture has the meaning set forth in Section 7.02(b).
Examples of Divestiture in a sentence
Engage in any material line of business substantially different from those lines of business conducted by the Borrower and its Subsidiaries on the Closing Date (after giving effect to the Divestiture) or any business substantially related, reasonably complementary or incidental thereto.
More Definitions of Divestiture
Divestiture means (1) the sale, license or other disposition or holding separate (through the establishment of a trust or otherwise) of any assets or categories of assets of Parent or the Company or any of their respective Affiliates, (2) the imposition of any limitation or restriction on the ability of Parent or any of its Affiliates to freely conduct their business or the business of the Company or its Affiliates or own such assets, or (3) the holding separate of the shares of Company Common Stock or any limitation or regulation on the ability of Parent or any of its Affiliates to exercise full rights of ownership of the shares of Company Common Stock.
Divestiture means any transaction or event that the Board specifies as a Divestiture under Section 11.5.
Divestiture means the sale of any Taxable Entity, other than any such sale that is or is part of a Change of Control.
Divestiture shall have the meaning set forth in Section 6.4(b).
Divestiture means the sale of, or closing by, the Company of the business operations in which the Participant is employed.
Divestiture means a permanent disposition to a person other than the Company of a plant or other facility or property at which the Participant performs a majority of the Participant’s services, whether such disposition is effected by means of a sale of assets, a sale of Subsidiary stock or otherwise.
Divestiture means a transaction that results in the transfer of control of the business operation divested to any person, corporation, association, partnership, joint venture, limited liability company or other business entity of which less than 50% of the voting stock or other equity interests are directly or indirectly owned or controlled by the Corporation, by one or more of the Corporation’s Subsidiaries or by any combination thereof; and