Filter Business definition

Filter Business means the SAW and TC-SAW filters (including duplexers) for mobile communications applications business that is operated as of the Agreement Date by the CCBD of the Automotive & Industrial Systems Company of the Seller and the CCBG2 of PIDSG.
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Filter Business means the business of the Filter Company, namely distribution of filters for automobiles supplied to it by Clarcor;
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Examples of Filter Business in a sentence

  • Buyer shall be responsible for the payment of all Taxes, other than Income Taxes, payable by any of the Automotive Filter Companies with respect to the Automotive Filter Business or the business, operations or property of any of the Automotive Filter Companies, to the extent that the due date (without regard to extensions thereof) for payment of such Taxes occurs at any time after the Closing Date.

  • The Seller desires to sell the Automotive Filter Business to the Buyer and the Buyer desires to purchase the Automotive Filter Business from the Seller upon the terms and conditions set forth herein.

  • In addition, effective at the closing of the sale of the Automotive Filter Business to Buyer, the Automotive Filter Companies shall be granted certain rights to use of the Shared Properties by Seller and its affiliates.

  • Schedule A attached hereto contains a list of the Foreign Distributors together with an approximation of the amount of inventory, other assets and related liabilities, if any, owned by such Foreign Distributors which are attributable to the Automotive Filter Business as of November 30, 1998 (respectively, the "Foreign Distributors' Assets" and the "Foreign Distributors' Liabilities").

  • Accordingly, Buyer acknowledges that no insurance protection shall be available to Buyer with respect to any injury, loss or damage which Buyer, any of the Automotive Filter Companies, the Automotive Filter Business or any third party may suffer as a result of any event, occurrence or circumstance existing or occurring with respect to the Automotive Filter Business or any of the Automotive Filter Companies at any time on or after the Closing Date.

  • Buyer acknowledges that effective as of the Closing Date, the Seller intends to remove the Automotive Filter Companies and the Automotive Filter Business from the insurance coverage provided by such insurance policies to the extent that such insurance coverage relates to the Automotive Filter Business or the business and assets of any Automotive Filter Company with respect to any periods arising at any time on or after the Closing Date.

  • In addition to the Automotive Filter Business, PPC is also engaged in certain other businesses, either directly through the ownership of manufacturing facilities and operations which are separately identified as divisions of PPC or indirectly through the ownership of direct and indirect subsidiaries which are engaged in such other businesses (all such other businesses being hereinafter referred to as the "Retained Businesses").

  • Finally, Buyer acknowledges that it is intended by Seller that all of the rights, properties and assets of the Automotive Filter Business (other than ownership of the Shared Properties and the Foreign Distributors' Assets) will be owned legally and beneficially by PPC or another Automotive Filter Company at the closing of the transactions contemplated by this Agreement.

  • Except as set forth in Schedule 4.11 attached hereto, each of the Sellers has good and valid title to the personal property which it uses in connection with the conduct of the Filter Business and purports to own and, on the Closing Date, will have good and valid title to the personal property which it uses in connection with the conduct of the Filter Business and purports to own in each case, free and clear of any liens, charges or encumbrances other than Permitted Liens (as hereinafter defined).

  • The Parties shall consult with each other concerning the means by which the customers and suppliers of the Filter Business will be informed of the Transactions.

Related to Filter Business

  • Former Business means any corporation, partnership, entity, division, business unit, business or set of business operations that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (other than solely in connection with the Restructuring), in whole or in part, or the operations, activities or production of which has been discontinued, abandoned, liquidated, completed or otherwise terminated, in whole or in part, in each case, by either Group prior to the Distribution Time.

  • Micro Business means a company which either:

  • Other Business(es) means any business activity we or our Affiliates engage in, other than the licensing of the Hotel.

  • Other Business has the meaning set forth in Section 6.6.

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.