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

  • In the event of a Divestiture, the Company shall pay to the Rights Holders at the time specified in Section 4.2 the Divestiture Acceleration Payment in respect of such Divestiture.

  • The Divestiture Acceleration Schedule shall be finalized pursuant to Section 2.3(a).

  • Notwithstanding the foregoing, where the parties anticipate a Divestiture but are not certain of the date on which such Divestiture will occur, the Company and the Rights Holder Representative may agree to base the calculations contemplated by this Section 4.1(e) on a date other than the effective date of the Divestiture.


More Definitions of Divestiture

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 means the sale of, or closing by, the Company of the business operations in which the Participant is employed.
Divestiture shall have the meaning set forth in Section 6.4(b).
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
Divestiture means the disposing of the whole or part of the assets and shares of a State owned enterprise;