Nylex definition

Nylex. Name and Logo. Within one year after the Closing, Purchaser shall cause each of the Packaging Companies to change its corporate name to a name that does not include the names "BTR" or "Nylex" or the BTR or Nylex logos and to make any necessary legal filings with the appropriate Governmental Authority to effectuate such changes. After the Closing, the Packaging Companies and assignees shall have no right to use the names "BTR" or "Nylex" or any trademarks, trade names, brandmarks, trade dress or logos relating to such name, except that for a period ending on the one-year anniversary of the Closing, the Packaging Companies shall have the right to use any packaging labels, cata- logues, sales and promotional materials and printed forms that use the names "BTR" or "Nylex" and the BTR or Nylex logos, provided, however, that Purchaser may continue to use such name and logo on inventory in existence as of the Scheduled Closing Date until the sale or disposition of such inventory but only to the extent that it is not practicable to remove or cover up the "BTR" or "Nylex" name and logo and will indemnify Seller and its Affiliates from any claims against them resulting from such use; provided, however, that Purchaser shall as expeditiously as possible cancel all registra- tions (including any Registrations for business names) with the appropriate Governmental Authorities to effectuate such name ▇▇▇▇▇- es. Purchaser shall transfer any registrations in the name of any of the Packaging Companies with respect to the BTR name or logo or 107 the Nylex name or logo to Seller as soon as practicable after the Closing.

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Examples of Nylex in a sentence

• The regularisation plan will result in a significant change in the business direction or policy of Nylex and is subject to the approval of the Securities Commission Malaysia (“SC”).

• The Proposals will form part of the regularisation plan to be undertaken by Nylex to regularise its affected listed issuer status.

• BTS shall also provide Nylex with its input and experience in operating and implementing the ▇▇▇ concept in the Bangkok metropolitan region.

• Nylex Water Solutions has a four tiered classification structure.

• An employee shall not be considered retrenched if the Company offers alternative employment within the Division or in other Nylex companies within reason, and continuity of service is offered and maintained by the new employer.

• The skills required at each level of the classification structure are detailed in the Nylex Water Solutions training modules.

• All employees employed by Nylex Corporation Pty Limited are eligible to be covered by the provisions of this clause.

• Within one year after the Closing, Purchaser shall cause each of the Packaging Companies to change its corporate name to a name that does not include the names "BTR" or "Nylex" or the BTR or Nylex logos and to make any necessary legal filings with the appropriate Governmental Authority to effectuate such changes.

• Ancom is also the holding company of Nylex (which is currently listed on Main Market of Bursa Securities) and Ancom Logistics Berhad (which is currently listed on ACE Market of Bursa Securities).

• The LBS Lands Consideration shall be agreed by LBS and Nylex, subject to a valuation report on the value of the LBS Lands to be issued by an independent valuer to be agreed by LBS and Nylex, and in return Nylex shall issue such number of new Nylex Shares of equivalent value with the LBS Lands Consideration at the issue price of RM0.15 per Nylex Share to LBS (“Consideration Shares”).