Seed Business definition
Examples of Seed Business in a sentence
The Purchaser acknowledges that by purchasing the Quotas, the Purchaser does not intend and shall not acquire any of the Seed Business Assets which are owned by Sellers’ Affiliate.
Purchaser acknowledges that Sellers’ affiliate owns the Seed Business and that by acquiring the Quotas, Purchaser shall not be acquiring any of the Seed Business Assets.
Purchaser Competitive Business shall specifically not include the Seed Business.
To the extent Purchaser or Sellers, after the Closing, identifies that, for any reason whatsoever, any of the Seed Business Assets were not returned or otherwise delivered to ▇▇▇▇▇ and its then Affiliates, Purchaser shall, and shall cause the Subsidiaries, to take all action to return and deliver such Seed Business Assets to ▇▇▇▇▇.
Prior to the Closing, Sellers shall cause the Subsidiaries to return and deliver to ▇▇▇▇▇ and its Affiliates (other than the Subsidiaries) all Seed Business Assets, including without limitation the molds that constitute part of the Seed Business Assets.
In performing work for the Seed Business, the Subsidiaries were permitted to use Intellectual Property of Sellers, including without limitation certain patents.