TRW Business definition

TRW Business shall have the meaning ascribed to such term in the preamble hereto.

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TRW Business means all business conducted by TRW except for the Automotive Business.

TRW Business shall have the meaning ascribed thereto in the Distribution Agreement.

Examples of TRW Business in a sentence

After the Closing Date, the TRW Automotive Group shall make available to the TRW Group, those of its employees whom the TRW Group may reasonably need in order to defend or prosecute any legal or administrative action to which any member or Employee Benefit Plan of the TRW Group or Employee Benefit Plans is a party and which relates to the conduct of the TRW Business prior to the Closing Date (Delayed Transfer Date for Delayed Transfer Employees or Returned Transfer Date for Returned Transfer Employees).
After the Distribution Date, the TRW Automotive Group shall make available to the TRW Group, those of its employees whom the TRW Group may reasonably need in order to defend or prosecute any legal or administrative action to which any member of the TRW Group is a party and which relates to the conduct of the TRW Business prior to the Distribution Date.
Such obligations shall be binding upon the successors and assigns of the TRW Business or the TRW Automotive Business, as the case may be, and upon any transferee of all or substantially all of the assets (in one transaction or a series of related transactions) of the TRW Business or the TRW Automotive Business, which transferee shall assume in writing such obligations.
Licensee may grant sublicenses to any Subsidiary of Licensee and, to the extent reasonably required to the normal conduct of the TRW Business, to joint ventures, suppliers, customers, and competitors.
Effective from and after the Distribution Date, Licensor hereby grants to Licensee, and Licensee hereby accepts from Licensor, a perpetual, irrevocable, royalty-free license, to use the TRW Automotive Licensed IP, as such TRW Automotive Licensed IP is set forth on Schedule 1.1 hereto, solely to make, have made, import, use, offer for sale, and sell products and processes in the TRW Business.

More Definitions of TRW Business

TRW Business means all of the businesses and operations conducted by TRW and the TRW Affiliates, excluding the TRW Automotive Business as previously defined, at any time whether prior to or after the Distribution Date, and any and all of the business and operations conducted by TRW Automotive or any TRW Automotive Affiliate at any time prior to the Distribution Date that are not part of the TRW Automotive Business and that are transferred from TRW Automotive or the relevant TRW Automotive Affiliate to TRW or any TRW Affiliate prior to the Distribution in accordance with the terms of the Master Distribution Agreement.

TRW Business means: (i) the worldwide design, manufacture, sale and distribution of products and services in the fields of systems engineering, systems integration, software development, modeling and simulation, testing and evaluation, training and information technology for high technology systems, products and services in the fields of strategic missiles; intelligence management and processing; command, control and communications; missile and air defense; airborne reconnaissance; homeland security; public safety and transportation; logistics and training; health and human services; integrated supply chain; tax systems; and air traffic control; (ii) the worldwide design, manufacture, sale and distribution of spacecraft systems and subsystems; electronic systems, including communication systems for space and defense; commercial telecommunications products; gallium arsenide and indium phosphide advanced semiconductors for satellite and telecommunications applications; digital broadband space payloads; space science instruments; advanced avionics systems; high energy laser systems; and spacecraft products, including solar arrays and reflectors; (iii) the ASG Business and (iv) all other businesses (including the businesses and operations related to TRW Assets) not otherwise included in the TRW Automotive Business.