Division definition

Division means the division of the assets, liabilities and/or obligations of a Person (the “Dividing Person”) among two or more Persons (whether pursuant to aplan of division” or similar arrangement), which may or may not include the Dividing Person and pursuant to which the Dividing Person may or may not survive.
Division means, in reference to any Person which is an entity, the division of such Person into two (2) or more separate Persons, with the dividing Person either continuing or terminating its existence as part of such division, including, without limitation, as contemplated under Section 18-217 of the Delaware Limited Liability Company Act for limited liability companies formed under Delaware law, or any analogous action taken pursuant to any other applicable law with respect to any corporation, limited liability company, partnership or other entity.
Division means the Workers’ Compensation Division of the Department of Consumer and Business Services.

Examples of Division in a sentence

  • This offer of the Award Shares is being made under Division 1A, Part 7.12 of the Australian Corporations Act 2001 (Cth).

  • Make any Disposition (other than any Disposition to any Loan Party or any Subsidiary) of all or substantially all of the assets (whether now owned or hereafter acquired, including pursuant to a Delaware LLC Division) of any Loan Party and its Subsidiaries, taken as a whole.

  • There are no material outstanding or unresolved comments in comment letters from the staff of the Division of Corporation Finance of the Commission with respect to any of the SEC Reports as of the date hereof.

  • As to the Borrower and its Subsidiaries, collectively, dispose of (whether in one transaction or in a series of transactions and whether effected pursuant to a Division or otherwise) all or substantially all of their assets (whether now owned or hereafter acquired) to or in favor of another Person or Persons (including, in each case, pursuant to a Division).

  • Make any Disposition (other than any Disposition to any Credit Party or any Subsidiary) of all or substantially all of the assets (whether now owned or hereafter acquired, including pursuant to a Delaware LLC Division) of Healthpeak or Healthpeak OP and its Subsidiaries, taken as a whole.


More Definitions of Division

Division means the Division of Consumer Affairs in the
Division means the Division of Municipal Supply Services, Department of Citywide Administrative Services.
Division means any of the operating units or divisions of the Company designated as a Division by the Committee.
Division means the division of labor services of the department of workforce development.
Division means the Division of Labor Standards Enforcement of the State of California.
Division shall refer to the State of Maine Division of Purchases.
Division means the Division of Child and Family Services.