TS Assets definition
TS Assets has the meaning set forth in the Reorganization Agreement.
TS Assets means (without duplication), any and all of the Assets that are owned or leased by Seller or its Subsidiaries that primarily relate to, or are primarily used in, the TS Business, including the following:
Examples of TS Assets in a sentence
Notwithstanding the foregoing, any such TS Assets or TS Liabilities shall continue to constitute TS Assets and TS Liabilities for all other purposes of this Agreement, including Article V.
From and after the Closing, the NewCo Group shall direct the defense or prosecution of (i) the Actions set forth on Schedule 5.9(a) and (ii) any Actions arising after the Closing that constitute only TS Liabilities or TS Assets (“NewCo Controlled Actions”).