Valvoline Group definition

Valvoline Group means (a) Valvoline, (b) the entities set forth on Schedule III under the caption “Subsidiaries”, and (c) each Person that becomes a Subsidiary of Valvoline after the Separation, including in each case any Person that is merged or consolidated with and into Valvoline or any Subsidiary of Valvoline.
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Valvoline Group shall have the meaning set forth in the Separation Agreement.
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Examples of Valvoline Group in a sentence

  • If any Ashland Global Trade Secrets are discovered to remain in the possession of the Valvoline Group after the Separation Date, Valvoline shall destroy or shall have destroyed any form or copy of such Ashland Global Trade Secrets as promptly as possible, and within no more than a commercially reasonable amount of time.

  • Valvoline further acknowledges and agrees that, from and after the Trigger Date, neither Valvoline nor any member of the Valvoline Group shall have any rights to or under such Ashland Global Insurance Policy other than as expressly provided in Section 8.01(b).

  • The members of the Valvoline Group shall cease to be participating members in each corresponding Ashland Global Benefit Plan as of the applicable Benefit Plan Transfer Date.

  • The Merger and the proposed transaction among Parent, Subsidiary and I-55 Internet Services, Inc., taken individually or together, shall have no adverse tax consequences to Company, I-55 Internet Services, Inc., or either of their shareholders.

  • If any member of the Valvoline Group carries back a Tax Attribute from a Post-consolidation Year to a Consolidation Year, no payment shall be due from Ashland Global with respect to that carryback, regardless of whether such carryback is required by Law or permitted by Ashland Global.

  • All Trade Secrets included in the Valvoline Assets (“Valvoline Trade Secrets”) shall be in or shall be moved to the physical possession of the Valvoline Group in a tangible form (including all copies thereof and all notes, extracts or summaries based thereon) prior to or on the Separation Date.

  • Valvoline shall (and shall cause members of the Valvoline Group to) waive, to the extent permitted under applicable Law, carrybacks of Tax Attributes from any Post-consolidation Year to any Consolidation Year unless such carryback does not have a material effect on Ashland Global (as determined by Ashland Global in its sole discretion).

  • A member of the Valvoline Group shall be the sole plan sponsor of, and from and after the date of adoption thereof, shall have the sole responsibility and liability for, each New Valvoline Plan.

  • With respect to policies currently procured by Valvoline for the sole benefit of the Valvoline Group (“Valvoline Insurance Policies”), Valvoline shall continue to maintain such insurance coverage through the Distribution Date in a manner no less favorable than currently provided.

  • CHAIRMAN: I am making a ruling here and now that they are relevant.

Related to Valvoline Group

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • SpinCo shall have the meaning set forth in the Preamble.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • SAP Group means SAP Parent and any of its Associated Companies.

  • DBS Group means any of DBS’s subsidiaries, DBS’s holding company and any subsidiaries of DBS’s holding company;

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • Minority Group means any of the following racial or ethnic groups:

  • RemainCo shall have the meaning set forth in the Preamble.

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • OPC has the meaning specified in the recital of parties to this Agreement.

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • MINORITY BUSINESS ENTERPRISE (MBE means an individual, partnership, corporation or joint venture of any kind that is owned and controlled by U. S. Citizens and residents of Ohio, who are and have held themselves out as members of the following socially and economically disadvantaged groups: Blacks, American Indians, Hispanics and Asians. Only businesses certified by the State of Ohio Equal Opportunity Division in accordance with Section 123.151 of the Ohio Revised Code shall be recognized as being MBE certified within the purpose of this invitation.

  • Group Business Entity means;

  • CVC means Citicorp Venture Capital, Ltd., a New York corporation.

  • Apollo Group means: (i) Apollo; (ii) the Apollo Holders; and (iii) any Affiliate of Apollo (including the Apollo Holders).

  • Broadridge means Broadridge Financial Solutions, Inc.;

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Wireline means a cable containing one or more electrical conductors which is used to lower and raise logging tools in the well-bore.