Retained Business definition
Examples of Retained Business in a sentence
The Company, on behalf of itself and all other members of the Company Group, ▇▇▇▇▇▇ confirms and agrees to comply with any and all covenants and agreements in the Tax Materials applicable to the Company or any member of the Company Group or the Parent Retained Business.
Notwithstanding the foregoing, a Licensee Party may assign, in whole or in relevant part, such licenses to a third party, or permit a third party to assume such license, in connection with any transfer of all or any part of the SpinCo Business or the Parent Retained Business, as applicable, or a product line of such Licensee Party (regardless of the form of transaction or series of transactions).
In no event shall MetalCo or any Acquired Company be obligated to obtain, replace or secure any such arrangement with respect to, any Credit Enhancements to the extent such Credit Enhancements support obligations that are Liabilities relating to the Retained Business of SHI and its Affiliates.