OCL Business definition

OCL Business means the business of developing content, curricula, and technology for and of providing governance, risk and compliance training, mortgage licensure preparation, mandatory mortgage licensure courses, exam preparation courses, continuing education and professional development in the banking, credit union and mortgage industries as part of Seller’s “financial services” segment, in each case, as such activity is conducted by Seller and its Controlled Affiliates (including the Acquired Companies) as of the Closing Date. For the avoidance of doubt, the OCL Business shall not include the business of test preparation or continuing education in the medhealth or medical industry.
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Examples of OCL Business in a sentence

  • The Seller and each Purchaser hereby agree to the following covenants, in each case, with respect to each Acquired Company and each Business, individually, and each such covenant shall be given independent significance to Amber Purchaser (with respect to the ACAMS Companies and ACAMS Business) and ▇▇▇▇▇▇▇▇▇ (with respect to the ▇▇▇▇▇▇ Companies, ▇▇▇▇▇▇ Business, OCL and OCL Business).

  • Accordingly, each of the representations and warranties set forth in this Article V will only be enforceable (i) by Seller against Amber Purchaser if such representation and warranty relates to the Amber Purchaser, or in the context of, the ACAMS Companies and ACAMS Business, and (ii) by Seller against ▇▇▇▇▇▇▇▇▇ if such representation and warranty relates to ▇▇▇▇▇▇▇▇▇, or in the context of, the ▇▇▇▇▇▇ Companies, OCL, ▇▇▇▇▇▇ Business and OCL Business.

  • As of the date of this Agreement, there are no third-party course authors or course content developers or suppliers engaged by the OCL Business.

  • Since December 31, 2020 through the date of this Agreement, the OCL Business has not had any material dispute with any OCL Key Channel Partner.

  • Since January 1, 2021 through the date of this Agreement, the OCL Business has not received any written, or, to the Knowledge of the Seller, other, notice that any OCL Key Channel Partner intends to terminate, or materially reduce or adversely modify its business with the OCL Business.