QQ Business definition

QQ Business means a substantial portion of one or more of the following: (i) the assets of the Company, (ii) the Company's aircraft, (iii) the Company's non-managerial personnel, (iv) the Outstanding Common Stock, (v) the Outstanding Voting Securities, (vi) the Company's operating certificate, or (vii) the Company's gates.
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Examples of QQ Business in a sentence

  • All provisions of the Prior Agreement relating to the obligations of the Company or any successor to the QQ Business (as that term is defined in the Prior Agreement) (i) upon a Change in Control (as that term is defined in the Prior Agreement), (ii) as to post-Employment Period Airline Travel and Club Benefits (as that term is defined in the Prior Agreement) and (iii) lifetime medical coverage are superceded in their entirety by this Agreement effective immediately.

  • In any agreement providing for succession to the QQ Business, the Company shall cause each and every successor expressly and unconditionally to assume and agree to perform each of the Company's obligations under this Agreement.

  • This Agreement shall bind any successor to the QQ Business, whether direct or indirect and whether by purchase, merger, consolidation or otherwise, in the same manner and to the same extent that the Company would be obligated under this Agreement if no such succession had taken place.

  • Notwithstanding that a successor to the QQ Business becomes bound to this Agreement, the Company shall continue to be liable for the obligations hereunder as a guarantor.