Remaining Undertaking definition

Remaining Undertaking means all the undertakings, businesses, activities and operations of the Demerged Company other than those comprised in the Demerged Undertaking.

Remaining Undertaking means all the business and all the properties, assets, investments and liabilities, employees of the Demerged Company including the Vadodara Undertaking, Power Business, investments other than Pharmaceutical Undertaking defined hereinabove.

Remaining Undertaking means the whole of the undertaking, activities and operations of the Transferor Company excluding the Demerged Undertaking and shall include all assets, properties and liabilities of the Transferor Company in relation to its pipeline operations division;

Examples of Remaining Undertaking in a sentence

• The Remaining Undertaking has significantly lower working capital requirement as compared to the Demerged Undertaking.

• The transfer and vesting of the Demerged Undertaking to the Resulting Company will enable better focus and management of the Remaining Undertaking of the Demerged Company and to achieve higher topline for the Remaining Undertaking.

• The Resulting Company shall not in any event be responsible or liable in relation to any such legal, taxation or other proceeding against the Demerged Company, which relate to the Remaining Undertaking.

• For the avoidance of doubt, it is hereby clarified that in so far as the assets comprising the Remaining Undertaking are concerned, the Encumbrance, if any, over such assets relating to the Transferred Liabilities, without any further act, instrument or deed being required, be released and discharged from the obligations and Encumbrances relating to the same.

• From the Appointed Date, BRL shall carry on the activities and operations of the Remaining Undertaking distinctly and as a separate business from the Retail Infrastructure Business Undertaking.

More Definitions of Remaining Undertaking

Remaining Undertaking means all the businesses, undertakings, assets, investments, activities, operations and Undertakings of the Demerged Company other than those comprised in the Demerged Undertaking.

Remaining Undertaking means all of the businesses, units, divisions, undertakings, and assets and liabilities of RIL other than the O2C Undertaking;

Remaining Undertaking or “Remaining Business” means all the assets, liabilities, activities of the Transferor Company other than the assets and liabilities of the Transferred Undertaking 1, the Transferred Undertaking 2 and the Transferred Undertaking 3 as mentioned above in Clauses 1.5, 1.6 and 1.7.

Remaining Undertaking or “Remaining Business” means all the businesses and activities of the Transferor Company other than the Specified Undertaking or the Specified Business, as the case may be.

Remaining Undertaking means all the undertakings, businesses, activities and operations of the Demerged Company other than those comprised in the Demerged Undertaking and remaining with the Demerged Company after giving effect to this Scheme.

Remaining Undertaking means the entire business of the Demerged Company excluding the business of Demerged Undertaking 1 and Demerged Undertaking 2 as identified by the management of the Demerged Company inclusive but not limited to all assets (movable or immovable, tangible or intangible) and all the businesses, undertakings, activities, properties, investments and liabilities, of whatsoever nature and kind and wheresoever situated shall include the following:

Remaining Undertaking or “Remaining Business” means the remaining business of the Demerged Company after demerger of cotton textile business undertaking in accordance with the Scheme including the business undertaken/ to be undertaken on the land parcel admeasuring approx. 112 acres (One hundred and twelve acres), forming part of the land covered under the Conveyance Deed, located near Mela Ground in Hisar, Haryana, in accordance with the terms and conditions of the Conveyance Deed and/ or as may be prescribed by the appropriate authorities in relation to this land on such terms and conditions as may be agreed by the Demerged Company and/ or as per the provisions made in the Master Plan of Hisar and/ or the Textile Policy of Haryana from time to time.