PCS Business definition

PCS Business means the business of owning or operating one or more PCS Systems and other business directly related thereto.

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PCS Business means the business of owning or operating one or more PCS Systems and other business directly related thereto. PCS Capital Expenditures means Capital Expenditures by any Company expended in connection with the construction or build-out of a PCS System of such Company. PCS Systems means the wireless cellular communication systems offering "Personal Communication Services" authorized under Part 24 of the FCC Rules (47 C.F.R. ss. 24.1 et seq).

PCS Business means the business of developing and manufacturing organometallics, curatives and methyl ethyl aniline products from the facility owned by Subsidiaries of the Company located in Pasadena, Texas, including such business operations as operated from any other locations.

Examples of PCS Business in a sentence

• The Company is in possession of and has good title to, or has valid leasehold interests in or valid rights under Contract to use, all tangible personal property used by the Company in respect of the PCS Business, except as would not reasonably be expected to have a Material Adverse Effect.

• Schedule 2.13 contains a true and complete list of all Licenses (and all pending applications for any such Licenses) used by the Company in connection with the PCS Business, except for such Licenses the absence of which would not reasonably be expected to have a Material Adverse Effect.

• IR agrees to provide, and Purchaser desires to retain IR to provide, certain administrative and support services with respect to the PCS Business (as defined in the Master Agreement) on a transitional basis on the terms and conditions contained herein.

• At the conclusion of the Non-Competition Period, IR will negotiate in good faith with Purchaser concerning license arrangements with respect to the Unlicensed Intellectual Property for use in the PCS Business on a most favored customer basis at the time the license is granted such as a lower royalty than competition and other more favorable conditions.

• For purposes of this Section 2.2 only, Technology means any patents, documented information and data, know-how, copyrights, mask works, proprietary software, technical information, and trade secrets, any rights maturing from any patent, copyright, or mask works applications existing on the Effective Date, but excluding trademarks, service marks, logos or the like, used by IR in the PCS Business on the Effective Date.

• IR agrees to provide, and Purchaser desires to have IR provide, certain of IR’s current die products used in connection with the PCS Business (as defined in the Master Purchase Agreement) on a transitional basis on the terms and conditions contained herein.

• For purposes of this Section 2.2 only, Current R&D means all intellectual property owned by IR which IR intended to use in the PCS Business pursuant to research and development activity that is currently in process and for which the PCS Business has already expended development efforts and costs.

• IR shall use commercially reasonable efforts to make available to Purchaser in such machine readable format, as reasonably requested by Purchaser, reticle data for all other IR parts that are part of the PCS Business.

• IR shall make available to Purchaser in such machine readable format, as reasonably requested by Purchaser, the reticle data for all active IR parts that are part of the PCS Business (as defined in the Master Purchase Agreement).

• IR agrees to provide, and Purchaser desires to retain IR to provide, certain manufacturing services with respect to the PCS Business (as defined in the Master Purchase Agreement) on a transitional basis on the terms and conditions contained herein.

More Definitions of PCS Business

PCS Business means the products, development, manufacture and sale of the following silicon and silicon carbide families presently sold or under current development by the Power Control Systems Business of the Seller: (i) all discrete planar MOSFETs (other than Gen 5.0, 5.1, 5.2, 5.3, 5.4 and 7.X planar transistors 200V and below): (A) all Gen 3 cellular planar silicon discrete MOSFETs technology and products, all stacked EPI (P column or Superjunction) silicon transistors technology and products above 200V (below 200V not in existence at IR), (B) all discrete silicon carbide transistor technology (products not in existence), (C) all Gen 6.x HEXFET technology and products and (D) 250V and above Gen 5 cellular planar silicon MOSFET products (but not technology); (ii) all discrete diodes and rectifiers: (A) all discrete (Silicon and Silicon Carbide) diodes technology and products, (B) all Schottky diodes (including FlipKy) technology and products, (C) all fast recovery epitaxial diodes (FREDs) technology and products, (D) all HexFreds technology and products, (E) all low, medium and high power diodes, technology and products and (F) all silicon carbide rectifier technology, equipment, material, process, designs and intellectual property, IR represents that products in this category are not yet in existence; (iii) all discrete thyristors technology and products; (iv) all multi-chip modules not containing integrated circuits: (A) all IRCI multi-chip modules and (B) all IGBT multi-chip modules; (v) all multi-chip modules (with or without integrated circuits) for 42 volt and below automotive systems applications manufactured in Swansea, Wales; Vishay is not restricted to products of any voltage except for IR’s IP not transferred to Vishay, and (vi) all electronic subcontract assemblies manufactured in Swansea, Wales. Note: IR represents that Exhibit A lists all IR products included within the PCS business definition. IR does not retain any products within the areas described above except as noted in the non-compete provisions.

PCS Business has the meaning assigned to the term in Section 4.2.1.