PML Business definition
PML Business means the business of contract manufacturing pharmaceutical products conducted by Pernix Manufacturing, LLC.
Examples of PML Business in a sentence
The Company will not, and will not permit any Subsidiary to enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, the Company or any Subsidiary sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset (a “Sale-leaseback Transaction”), other than Sale-leaseback Transactions with respect to any building or property used in the PML Business.