Divested Business definition

Divested Business has the meaning set forth in Section 9.08(b).
Divested Business means any corporation, partnership, entity, division, business unit, business, assets, plants, product line, operations or contract (including any assets and liabilities comprising the same) that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (in whole or in part) by any member of the Pre-Distribution Group or the operations, activities or production of which has been discontinued, abandoned, completed or otherwise terminated (in whole or in part) by any member of the Pre-Distribution Group.
Divested Business means the sale or other transfer of a member of either Group, or a portion of the business operations of any such member, to an unrelated third party after the Distribution Date.

Examples of Divested Business in a sentence

  • In addition, Vendor will continue to provide the SaaS Solution to such Divested Business on terms and conditions substantially similar to this Exhibit.

  • Purchaser may Use the SaaS Solution and any related Documentation for the benefit of a Divested Business during any transition services period of up to two (2) years at no added charge.

  • Purchaser may Use the Vendor Software and any related Documentation for the benefit of a Divested Business during any transition services period of up to two (2) years at no added charge.

  • In addition, Vendor will continue to provide the Vendor Software to such Divested Business on terms and conditions substantially similar to this Exhibit.


More Definitions of Divested Business

Divested Business means all terminated, divested or discontinued businesses, operations, sites or facilities that, at or prior to the time of termination, divestiture or discontinuation, related to or otherwise would have been part of the North American Business or were owned or operated, directly or indirectly, by a North American Business Entity.
Divested Business shall have the meaning provided in Section [* * *].
Divested Business means any business unit, as determined by Purchaser, that Purchaser sells or of which it otherwise transfers the assets or ownership. The term “Divested Business” shall mean such business unit or the acquirer thereof, as applicable.
Divested Business has the meaning set forth in Section 4.1(b)(ii) of the Master Agreement.
Divested Business means any business or product line of the C&OP Business sold by the Parent Group (or any predecessor) prior to the Business Transfer Time (including, without limitation, the former Envelope Products Group business of the C&OP Business sold by Parent on February 1, 2011).
Divested Business has the meaning set forth in Section 8.02 of this Agreement.
Divested Business means any business or product line of the Red Lion Business sold or terminated by the Navy Group (or any predecessor) prior to the Separation Time.