MD Business definition

MD Business means (i) the businesses and operations conducted by the Mobile Devices segment of Motorola and its Affiliates (including, for purposes of this definition, SpinCo, Mobility and their respective Affiliates) prior to the Effective Date, and (ii) except as otherwise expressly provided in the Separation Agreement, any terminated, divested or discontinued businesses or operations that at the time of such termination, divestiture or discontinuation related to the MD Business (as described in the foregoing clause (i)) as then conducted, including, without limitation, the paging business from and after January 1, 1999.
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MD Business means the business engaged in or proposed to be engaged in as of the Effective Date by the majority owned (either directly or indirectly) subsidiaries of the Company and includes all work or efforts done by or on behalf of the Company for such subsidiaries. The M&D Business is highly competitive, is marketed throughout the world, and requires long sales "lead times" often exceeding one year.
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Examples of MD Business in a sentence

  • Notwithstanding anything contained herein to the contrary, the Executive shall not be entitled to any Severance under this Section in the event the Executive's salary is reduced and/or her position is changed due to non-performance of the SRAX MD Business Unit in the Employer's sole discretion.

  • Provided that Shareholder's investment is purely passive, the ownership by the Shareholder of not more than five percent of the outstanding securities of any public company or solely through a private investment company or venture fund shall not, by itself, constitute a breach of the Covenants of Section 3, even if such public company or the investment by the private investment company or venture fund competes with the M&D Business.

  • The M&D Business is highly competitive, is marketed throughout the world, and requires long sales "lead times" often exceeding one year.

  • To: the Supplier Fimatix UK Ltd Together: Company number For the Buyer: Name: Title: Senior Commercial Manager Email: For the supplier Name: Title: Director Email: For the Buyer: Name: Title: Deputy Director Digital Email: For the supplier: Name: Title: MD Business Operations Email: h Digital outcomes and specialists services required: For the provision of Head of Development Services to the Crime Programme Warranty period 90 days from the date of Buyer acceptance of release.