divesture definition

divesture means the transfer of the proprietary interest in a specified public corporation from the Government and includes the winding up or dissolution of the specified public corporation;
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divesture means any of the following actions (i) selling, licensing or otherwise disposing of, or holding separate and agreeing to sell, license or otherwise dispose of, any material entities, assets or facilities of any Group Company after the Closing or any material entities, facilities or assets of Buyer or its Affiliates, (ii) terminating, amending or assigning existing material relationships and contractual rights and obligations, (iii) amending, assigning or terminating existing material licenses or other material agreements and entering into such new licenses or other agreements, and/or (iv) otherwise disposing of or conducting its business in a manner which would resolve such objections or suits (or threatened suits) (collectively, “Divestitures”).
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Related to divesture

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

  • outsourcing means an arrangement of any form between the Company and a service provider by which that service provider performs a process, a service or an activity which would otherwise be undertaken by the Company itself;

  • Restructuring has the meaning set forth in the Recitals.

  • Approval of a vehicle means the approval of a vehicle type with regard to sound;