Divestiture Date definition

Divestiture Date means the date on which the Divestiture Assets are divested to Acquirer pursuant to this Final Judgment.

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Divestiture Date means the date on which Respondents (or the Divestiture Trustee) close on a transaction to divest the Retail Fuel Assets.

Divestiture Date means the date on which the Divestiture Assets are divested to Acquirer.

Examples of Divestiture Date in a sentence

• In the event that your principal employer is a subsidiary of Rockwell ▇▇▇▇▇▇▇, it is possible that your principal employer may cease to be a subsidiary of Rockwell ▇▇▇▇▇▇▇ during the Performance Period (the date of such cessation is herein called the Divestiture Date).

• For the avoidance of doubt, termination of employment on account of a Divestiture of a Business Segment shall result in the Options remaining exercisable for a period of three months from the Divestiture Date.

• If the Divestiture Date occurs during the Performance Period, the Earnings Per Share from Continuing Operations shall be deemed to be 100% of the Earnings Per Share Target, regardless of actual performance.

• If the Divestiture Date occurs after the Performance Period but during the Vesting Period, the Earnings Per Share from Continuing Operations during the Performance Period shall control.

• For the avoidance of doubt, termination of employment on account of a Divestiture of a Business Segment shall result in any vested Options remaining exercisable for a period of three months from the Divestiture Date.

More Definitions of Divestiture Date

Divestiture Date means a closing date of any of the respective divestitures required by this Order.

Divestiture Date means the date that a transaction constituting a Divestiture of a Business Segment is finally consummated. For purposes of this Award Agreement, the term “Divestiture of a Business Segment” means the following: A. When used with a reference to the sale of stock or other securities of a Business Segment that is or becomes a separate corporation, limited liability company, partnership or other separate business entity, the sale, exchange, transfer, distribution or other disposition of the ownership, either beneficially or of record or both, by the Company or one of its Affiliates to “Nonaffiliated Persons” (as that term is defined in this Section) of one hundred percent (100%) of either (i) the then-outstanding common stock (or the equivalent equity interests) of the Business Segment or (ii) the combined voting power of the then-outstanding voting securities of the Business Segment entitled to vote generally in the election of the board of directors or the equivalent governing body of the Business Segment; B. When used with reference to the merger or consolidation of a Business Segment that is or becomes a separate corporation, limited liability company, partnership or other separate business entity, any such transaction that results in Nonaffiliated Persons owning, either beneficially or of record or both, one hundred percent (100%) of either (i) the then-outstanding common stock (or the equivalent equity interests) of the Business Segment or (ii) the combined voting power of the then-outstanding voting securities of the Business Segment entitled to vote generally in the election of the board of directors or the equivalent governing body of the Business Segment; or C. When used with reference to the sale of the assets of the Business Segment, the sale, exchange, transfer, liquidation, distribution or other disposition of all or substantially all of the assets of the Business Segment necessary or required to operate the Business Segment in the manner that the Business Segment had been operated prior to the Divestiture Date. For purposes of this Award Agreement, the term “Nonaffiliated Persons” shall mean any persons or business entities which do not control, or which are not controlled by or under common control with, the Company.

Divestiture Date means the date that a transaction constituting a Divestiture of a Business Segment is finally consummated.

Divestiture Date means a date on which Respondents (or a Divestiture Trustee appointed pursuant to Section IX of this Order) close on the divestiture of the Divestiture Assets as required by Section II of this Order.

Divestiture Date means the closing date of the divestitures required by this Order.

Divestiture Date means the date on which Respondent (or the Divestiture Trustee) closes on the transaction to divest the RF Power Assets to Acquirer.

Divestiture Date shall have the meaning assigned to the term “Effective Time” in the Separation Agreement.