VS Business definition

VS Business means the specialty retail business of L Brands and its Subsidiaries with respect to women’s intimate and other apparel, accessories, beauty care products and fragrances that is conducted under the Victoria’s Secret or PINK brands.

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VS Business means the Company’s business conducted under the Victoria’s Secret and PINK brands.

VS Business has the meaning set forth in the Separation Agreement.

Examples of VS Business in a sentence

Service Provider has agreed to cause the Services to be provided in accordance with the terms hereof in order to facilitate the orderly separation of the L Brands Business from the VS Business.
Service Provider has agreed to cause the Services to be provided in accordance with the terms hereof in order to facilitate the orderly transition of the VS Business from L Brands and the members of the L Brands Group to VS and the members of the VS Group.
Service Provider shall provide the Services for the personal care and apparel product lines of the VS Business for which Service Provider provides the Services to the VS Business as of the Effective Date (“VS Products”).
L Brands hereby grants to VS a limited license to use (and reasonable access to) space at certain facilities and to continue to use certain equipment located at such facilities (including the use of office security and badge services) (the “VS Temporary Facilities”), for substantially the same purposes as used in the operation of the VS Business immediately prior to the Distribution.
As between the parties hereto, the applicable Service Recipient shall be the owner of all data collected, used, stored or otherwise processed by or on behalf of such Service Recipient under this Agreement to the extent related to the VS Business.
All Seller Products and any marketing material used in connection the Seller Products or the VS Business.
Seller shall not transfer any Seller Intellectual Property or Assets to any Person if such transfer could reasonably be anticipated to materially deprive Buyer of the benefit of any related license or assets or otherwise materially interfere with the operation of the VS Business.
The provisions of this Section 7.12 shall not apply to or restrict in any manner Buyer’s use of any VS Business Confidential Information.
Seller agrees and agrees to cause its Affiliates and its and their respective assignees and successors-in-interest, in each case, to keep confidential and not, directly or indirectly, use, disclose, reveal, publish, transfer or provide access to any and all VS Business Confidential Information.
Following the Closing, Seller agrees to, promptly transfer all email accounts, brands, web pages related to the Purchased Assets or VS Business.

More Definitions of VS Business

VS Business means the specialty retail business of VS and its Subsidiaries with respect to women’s intimate and other apparel, accessories, beauty care products and fragrances that is conducted under the Victoria’s Secret or PINK brands.

VS Business means that portion of the Assignor’s business, as it existed immediately prior to the General Assignment, of physical security, capturing, storing, viewing and conducting analysis of video surveillance, which business includes, among other things, the Seller Products. For clarity, the VS Business includes the commercial relationship between Assignor and the Material Customers to the extent assignable without consent.