Tyco Group definition

Tyco Group means Tyco and each Person (other than any member of the Healthcare Group or the Electronics Group) that is a direct or indirect Subsidiary of Tyco immediately after the Effective Time, and each Business Entity that becomes a Subsidiary of Tyco after the Effective Time, which shall include those entities identified as such on Schedule 1.1(197).
Tyco Group has the meaning set forth in the Separation and Distribution Agreements; provided, however, that the Tyco Group shall not include any member of the ADT NA Group or the Flow Group.
Tyco Group has the meaning set forth in the Separation and Distribution Agreement.

Examples of Tyco Group in a sentence

  • Nothing in the Exhibits or Schedules constitutes an admission of any liability or obligation of any member of the ADT North American R/SB Group or Tyco Group or any of their respective Affiliates to any third party, nor, with respect to any third party, an admission against the interests of any member of the ADT North American R/SB Group or Tyco Group or any of their respective Affiliates.

  • Tyco shall be responsible for and shall (i) file any and all Business License Returns required to be filed by any entity that is a member of the Tyco Group on the due date for such return (without extensions) and (ii) remit to the applicable Taxing Authority any and all payments required to be paid with such returns.

  • Furthermore, nothing in this Agreement is intended to confer upon any Tyco Employee, ADT North American R/SB Employee or any former, present or future employee of the Tyco Group, ADT North American R/SB Group or any of their respective Affiliates any right to continued employment, any recall or similar rights to an Employee on layoff or any type of approved leave, or to change the employment status of any Employee from “at will”.

  • Nothing in the Exhibits or Schedules constitutes an admission of any liability or obligation of any member of the ADT NA Group or the Tyco Group or any of their respective Affiliates to any third party, nor, with respect to any third party, an admission against the interests of any member of the ADT NA Group or the Tyco Group or any of their respective Affiliates.

  • The newly established ADT NA Group Insurance Plans shall be substantially similar to the Tyco Group Insurance Plans.

  • Tyco shall cause ADT NA to establish the ADT NA Group Insurance Plans, effective no later than the ADT NA Distribution Date and, correspondingly, except as provided below, ADT North American R/SB Employees shall cease participating in the Tyco Group Insurance Plans on the dates the new plans are established and shall begin participating in the ADT NA Group Insurance Plans.

  • Any Tyco Retained Liability required to be Assumed by Tyco pursuant to clause (i) above or any other Liability required to be Assumed by Tyco under this Agreement or any Ancillary Agreement that is not Assumed by a member of the Tyco Group (including, for these purposes, the Flow Control Group) other than Tyco International or TIFSA shall be Assumed by TIFSA and not by Tyco International.

  • Not later than the Distribution Date, Healthcare shall establish the Healthcare Group Insurance Plans and Electronics shall establish the Electronics Group Insurance Plans effective as of the Distribution Date and, correspondingly, Healthcare Employees and Electronics Employees shall cease participating in the Tyco Group Insurance Plans on the dates the new plans are established and shall begin participating in the Healthcare Group Insurance Plans or the Electronics Group Insurance Plans, as applicable.

  • The Retention Incentive Bonus is an extraordinary item of compensation, and is separate and apart from any severance or termination payments to which Employee may be entitled on termination pursuant to any severance plan of the Company or any member of the Tyco Group then employing Employee that is in effect on Employee’s termination date, and this Agreement shall not reduce, offset, or preclude any such severance or termination payments, if applicable.

  • In the event that Employee voluntarily resigns or retires for any reason (other than a “Good Reason Resignation” as defined above) or is discharged by the Company or any member of the Tyco Group for Cause prior to the vesting date, Employee shall forfeit any and all rights to receive all or any portion of any Retention Incentive Bonus that has not vested under this agreement.


More Definitions of Tyco Group

Tyco Group means Tyco and its Affiliates.

Related to Tyco Group

  • 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.

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

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

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

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

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • 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.”

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

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

  • Parent Group has the meaning set forth in Section 8.03(c).

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

  • Retained Group means the Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (except members of the Group);

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Designated Group means - i) Black designated groups; ii) Black People; iii) Women; iv) people with disabilities or v) Small enterprise, as defined in Section 1 of National Small Enterprise Act, (102 of 1996)

  • Company Group means the Company and its Subsidiaries.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • SpinCo Employee means any individual who, immediately following the Distribution Date, will be employed by Spinco or any member of the Spinco Group in a capacity considered by Spinco to be common law employment, including active employees and employees on vacation and approved leaves of absence (including maternity, paternity, family, sick, short-term or long-term disability leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, and leave under the Family Medical Leave Act and other approved leaves).

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Promoter Group means such persons and entities constituting the promoter group as per Regulation 2(1)(pp) of the SEBI ICDR Regulations.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.