SLS Business definition

SLS Business means the LawnService segment of the Scotts business conducted by Scotts and its Subsidiaries as reflected in the public securities filings of Scotts, as of the date hereof and as of the Closing.
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Examples of SLS Business in a sentence

  • The SLS Entities have not (and Scotts has not otherwise in relation to the SLS Business), in the past three (3) years, experienced any data security breach or unauthorized data release incident that has had a material and adverse effect on the SLS Business.

  • Except as would not constitute a SLS Material Adverse Effect, each of Scotts, the Non-SLS Subsidiaries conducting any SLS Business and the SLS Entities is (i) duly qualified or licensed as a foreign corporation for the transaction of business and (ii) (where such concept is applicable) in good standing under the laws of each other jurisdiction in which the character of properties it owns or leases, or conducts any SLS Business, makes such qualification or license necessary.

  • The SLS Entities, Scotts and the Non-SLS Subsidiaries, shall furnish TruGreen Holdings and its representatives with such financial, operating and other data and information and copies of documents with respect to the SLS Entities, or Scotts or the Non-SLS Subsidiaries to the extent related to the SLS Business, or any of the transactions contemplated by this Agreement as TruGreen Holdings shall from time to time reasonably request.

  • Scotts Schedule 3.17 contains an accurate and complete list of all material policies of insurance maintained as of the date of this Agreement with respect to the SLS Business (the “SLS Policies”).

  • Scotts Schedule 3.21(b) lists the names of the 10 largest suppliers of the SLS Business, based on payments made by the SLS Business during the 2014 fiscal year (the “Major SLS Suppliers”).

  • No SLS Entity Benefit Plan provides benefits to any individual other than current or former employees of the SLS Entities, Persons who provide or have provided services in respect of the SLS Business and any beneficiaries and dependents of the foregoing.

  • The SLS Internal IT Systems owned by the SLS Entities or that constitute SLS Assets (i) are in good repair and operating condition and are adequate and suitable in all material respects for the purposes for which they are being used or held for use, (ii) conform in all material respects with their related documentation and (iii) to the Knowledge of Scotts do not contain any virus, Trojan, or other malicious code that would reasonably be expected to interfere in any material respect with the SLS Business.

  • Scotts Schedule 3.21(a) lists the names of the 10 largest customers of the SLS Business, as determined by annual revenue to the SLS Business for the 2014 fiscal year (the “Major SLS Customers”).

  • Scotts and its Subsidiaries hold all Permits that are required for the conduct of the SLS Business as now being conducted, except where the failure to have any such Permits would not constitute a SLS Material Adverse Effect.

  • Prior to the Closing, Scotts shall, directly or indirectly, exercise and be responsible for, consistent with the terms and conditions of this Agreement and applicable Law (including the HSR Act), complete control and supervision over its business (including the SLS Business).