Material Business Unit definition
Material Business Unit means, on any date of determination: (a) any television station owned by M▇▇▇▇▇▇▇ that generated more than 10% of the total Receivables generated by the Originators in the twelve (12) months then most recently ended or (b) Meredith's magazine publishing business.
Material Business Unit means a business unit as defined in Article 142(1), point (3), of
Material Business Unit means [***]
Examples of Material Business Unit in a sentence
Assignment in connection with a Change of Control or divesture of a Material Business Unit shall be governed by Sections 5.1 and 5.3(b), respectively.
If a Party to this Agreement becomes a Subsidiary or a Material Business Unit (“Controlled Party”) of a Third Party (“New Parent”) after the Effective Date, then the Licensed Products of the New Parent shall remain limited to the Existing Products of the Controlled Party and its Subsidiaries at the time of the Change of Control, and Follow On Products thereto, as described in Section 9.1(a) above.
More Definitions of Material Business Unit
Material Business Unit means, on any date of determination: (a) any television station owned by Meredith that generated more than 10% of the total Receivables generated by the Originators in the twelve (12) months then most recently ended or (b) Meredith's magazine publishing business.
Material Business Unit means a material and substantial business unit that has, among other things, all of the following: (i) all of the products for one or more market segments, including at least one line of commercially available products; (ii) key employees who develop such products; (iii) patents or other intellectual property rights relating to such products; and (iv) tangible assets [***] Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed pursuant to Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as amended, and the omitteed portions represented by [***] have been separately filed with the Securities and Exchange Commission. related to such products. A transaction involving a Material Business Unit as described herein may be an asset sale (in which case Section 9.3(a) applies) or may be by divestiture of a Subsidiary (in which case Section 9.2(c) applies).
Material Business Unit means a business unit as defined in Article 142(1), point (3), of Regulation (EU) No 575/2013 that meets any of the following criteria: