Divestiture means any transaction or event that the Board specifies as a Divestiture under Section 10.5.

Divestiture has the meaning set forth in Section 7.02(b).

Divestiture means deactivating a service power previously authorized.

Examples of Divestiture in a sentence

TransDigm shall not coordinate its production, marketing, or terms of sale of any products with those produced by or sold under any of the Divestiture Assets.
This person shall have complete managerial responsibility for the Divestiture Assets, subject to the provisions of this Final Judgment.
This Stipulation and Order ensures that, prior to divestiture, the Divestiture Assets remain independent, economically viable, competitive, and saleable; that Defendants will preserve and maintain the Divestiture Assets; and that the level of competition that existedbetween Defendants prior to the Transaction is maintained during the pendency of the required divestiture of the Divestiture Assets.
TransDigm shall preserve, maintain, and continue to operate the Divestiture Assets as independent, ongoing, economically viable competitive businesses, with management, sales and operations of such assets held entirely separate, distinct and apart from those of TransDigm’s other operations.
The Final Judgment filed in this case is meant to ensure TransDigm’s prompt divestiture of the Divestiture Assets for the purpose of establishing one or more viable competitors in the airplane restraint systems business in order to remedy the effects that the United States alleges have resulted and will continue to result from TransDigm’s acquisition of SCHROTH.

More Definitions of Divestiture

Divestiture means any transaction or event that the Board specifies as a Divestiture under Section 11.5.

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 the sale of any Taxable Entity, other than any such sale that is or is part of a Change of Control.

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 the disposing of the whole or part of the assets and shares of a State owned enterprise;

Divestiture means the sale or transfer of the business that employs you by the Company such that either (i) for any period of time immediately after the moment the divestiture closes you are an Employee of such business but are no longer employed by the Company or an Affiliate of the Company, or (ii) there has been an involuntary termination of your employment with your employer both in connection with and prior to the closing of the sale or transfer of such business; and