Unsold Business definition

Unsold Business shall have the meaning set forth in Section 4.06(a)(i) of this Agreement.
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Unsold Business shall have the meaning set forth in Section 4.06(a)(i) of this Agreement. Section 1.213 “USW” shall mean collectively the United Steelworkers of America and its local unions which represent Delphi employees. Section 1.214 “USW MOUs” shall mean collectively the “USW- GM-Delphi Memorandum of Understanding — Vandalia Operations and Special Attrition Program” and the “USW-GM-Delphi Memorandum of Understanding — Home Avenue Operations and Special Attrition Program,” each entered into as of August 16, 2007, as approved by the Bankruptcy Court on August 29, 2007, by and among Delphi, GM, and the USW, including all attachments and exhibits thereto and all USW-Delphi collective bargaining agreements referenced therein as modified, and each as now or hereafter amended in connection herewith. Section 1.215 “Vacation” shall mean cash paid by Delphi during the time period included in calculating the Labor Cost Amount for paid vacation time off, pursuant to the applicable collective bargaining agreement, to hourly employees. Section 1.216 “Vandalia Facility” shall mean the facility located at 250 Xxxxxxxxxx Xxxxxxxxx, Xxxxxxxx, Xxxx 00000. Section 1.217 “Warranty Settlement Agreement” shall mean the Warranty, Settlement and Release Agreement and Covenant Not to Xxx between Delphi and GM, dated as of August 14, 2007, which was authorized and approved by the Bankruptcy Court by order dated October 2, 2007 (Docket No. 10408). MRA-25
Sample 1

Examples of Unsold Business in a sentence

  • The draft business sale agreement is to provide for the divestiture of the Unsold Business.

  • The Proposed Divestiture Agent’s draft marketing and sale plan for the Unsold Business.

  • Any irrevocable power of attorney granted pursuant to clause 10.11 will end upon resignation or termination of the Approved Divestiture Agent in accordance with clauses 10.14, 10.15 and 10.16, or in the event that the Unsold Business is divested in accordance with this Undertaking.

  • These hydrogen consumers are just a selection of stakeholders identified in Chile within the main application categories; as there are multiple possible applications for hydrogen, as well as multiple future demanding stakeholders, the list of potential consumers has a very wide, dynamic range.

  • In the event that the divestiture of a Divestiture Business to an Approved Purchaser is not completed by the end of the Initial Sale Period, the Divestiture Business becomes an unsold business ( Unsold Business) and the provisions of this clause 10 apply.

  • The exercise of any Unsold Business Option under section 4.06 of this Agreement (other than with respect to the Saginaw E&C Assets), including the occurrence of any deemed transfer pursuant to section 4.06(c) of this Agreement, constitutes a sale under the provisions of this section 4.04.

  • The Undertaking Parties must appoint and maintain an Approved Independent Manager to manage the Unsold Business, from the end of the Initial Sale Period until the completion of the divestiture of the Unsold Business in accordance with this Undertaking.

  • Asahi must immediately notify the ACCC in the event that an Approved Divestiture Agent resigns or otherwise stops acting as an Approved Divestiture Agent before the completion of the divestiture of the Unsold Business.

  • From the end of the Initial Sale Period, Asahi must appoint and maintain an Approved Divestiture Agent to effect the divestiture of the Unsold Business.

  • This clause 8 applies if the Divestiture Business becomes an Unsold Business as set out in Clause 10 and the ACCC directs in writing the Undertaking Parties to appoint and maintain an Approved Independent Manager to manage the Unsold Business.

Related to Unsold Business

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Excluded Business has the meaning set forth in Section ‎9.1.1.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Licensed Business means the activities connected with the conveyance of

  • Company Business means the business of the Company as presently conducted.

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.

  • Qualified business facility means any building, complex of

  • Micro Business means a company which either:

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Minority Business means a business:

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Active business operations means all business operations that are not inactive business operations.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.