Exelis definition

Exelis means Exelis Inc., an Indiana corporation.

Exelis has the meaning set forth in the preamble to this Agreement.

Exelis is defined in the preamble hereof.

Examples of Exelis in a sentence

• The Alaska Department of Environmental Conservation (DEC) identified DEED, DOT&PF, and the Kuspuk School District, as well as the federal government, AT&T Alascom, Lockheed Martin Corporation, and Exelis- Arctic Services, Inc., as potentially responsible parties (PRPs) for polychlorinated biphenyls (PCBs) and trichloroethylene (TCE) contamination at the site of the Aniak Middle School.

• Service Receiver may need assistance after the Distribution Date from the Service Provider for miscellaneous services, including but not limited to consulting, advisory, knowledge transfer and other similar services in various areas including, but not limited to finance, tax, accounting, insurance, treasury, human resources and communications, which are not already provided for under all of the other TSAs between ITT Corporation, Xylem Inc., and Exelis Inc.

• Official Notices and Bills under this Schedule should be sent to the following addresses (with an email copy to the Service Owners set forth above): If to the Service Provider: Exelis Inc.

• Column (f) provides the lump sum payable by Exelis in accordance with the Exelis Special Senior Executive Severance Pay Plan in the event of a change of control.

• No notice of Termination is required under this Schedule and there shall be no make-whole fee under this Schedule Notices and bills to the Service Provider should be sent to: Exelis Inc.

• Assist in conducting annual vulnerability assessments for subordinate installations, facilities and sites and pre-deployment vulnerability assessments for deploying units.

• These agreements will also include arrangements with respect to transitional services to be provided by Exelis to us.

• Column (e) provides the present value of the annual vested benefit payable under the Exelis Excess Pension Plan as of December 31, 2013 assuming retirement at age 65.

• Distribution Agreement We intend to enter into a Distribution Agreement with Exelis prior to the distribution of our shares of common stock to Exelis shareholders.

• Reflects the closing stock price of Exelis of $19.06 on December 31, 2013.

More Definitions of Exelis

Exelis means Exelis Inc., an Indiana corporation. “Existing Maturity Date” has the meaning assigned to such term in Section 2.22(a). “Existing Revolving Borrowings” has the meaning assigned to such term in Section 2.21(d). “Extension Effective Date” has the meaning assigned to such term in Section 2.22(a). “FATCA” means Sections 1471 through 1474 of the Code, as of the Restatement Effective Date (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b) of the Code and any intergovernmental agreements entered into in connection with the implementation of such Section of the Code (or any such amended or successor version thereof). “Federal Funds Effective Rate” means, for any day, the rate calculated by the NYFRB based on such day’s federal funds transactions by depositary institutions, as determined in such manner as the NYFRB shall set forth on its public website from time to time, and published on the next succeeding Business Day by the NYFRB as the federal funds effective rate; provided, however, that if such rate shall be less than zero, then such rate shall be deemed to be zero for all purposes of this Agreement.