Alcon Business definition

Alcon Business means the worldwide ophthalmic surgical, over-the-counter vision care and contact lens care and contact lens businesses conducted at any time prior to the Separation Date by either Party or any of their respective Affiliates, or on or after the Separation Date by any member of the Alcon Group, including the research, Development, Manufacture, or Commercialisation of Alcon Products but excluding the Novartis Products;
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Alcon Business has the meaning given in the Separation Agreement;
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Examples of Alcon Business in a sentence

  • Novartis, acting through its Subsidiaries, currently conducts, among other businesses, the Alcon Business.

  • The parties have entered into a Separation and Distribution Agreement dated as of , 2019 (the Separation Agreement) to implement the separation of the Alcon Business from the Novartis Business.

  • If the Novartis Audit Team does not serve a Dispute Notice under and within the time period set out in paragraph 1.8 (Dispute Notices), the Draft Economic Benefit Statement shall constitute the Economic Benefit Statement in respect of the Brazilian Alcon Business for the relevant Quarterly Accounting Period to which that Economic Benefit Statement relates.

  • Novartis and Alcon shall use Commercially Reasonable Efforts to cooperate in determining whether Ordinary Taxes of the Novartis Group and Alcon Group are attributable to the Alcon Business.

  • Alcon (and each member of the Alcon Group, including Alcon Brazil) shall not be entitled to make any claim for damages against Novartis (or any member of the Novartis Group, including Novartis Brazil) in respect of a breach of this Part D (Management and Control of the Brazilian Alcon Business) otherwise than pursuant to a claim brought under paragraph 1.8 (Fraud and Gross Negligence) below.

  • Within one (1) month following the end of each Quarterly Accounting Period, Alcon shall provide Novartis’ internal audit team (or external auditors) (the Audit Team) a draft statement setting out the Economic Benefit Amount in respect of the Brazilian Alcon Business for such Quarterly Accounting Period (or, if applicable, such part of the Quarterly Accounting Period as falls prior to the Brazil Delayed Closing Date).

  • Alcon shall (and shall procure that Alcon Brazil shall) supply such cooperation, support, access and other assistance (including the supply of products, the supply of services and access to Information (but excluding any access to Intellectual Property Rights except as referred to in paragraph 1.10 (IP Licence) below) as shall be reasonably necessary to allow Novartis Brazil to operate the Brazilian Alcon Business in accordance with this Schedule 3 (Brazil).

  • The determination of whether Ordinary Taxes of the Novartis Group and Alcon Group are attributable to the Alcon Business shall be made according to the methodology set forth in Exhibit 1 hereto.

  • In such a case the condensation will take place in the pre-saturator as well as in the heat exchanger and in the saturator unit.

Related to Alcon Business

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Retained Businesses means all businesses, operations and activities directly or indirectly conducted or formerly conducted by the Seller Group other than the Business (including all businesses, operations and activities related to any dealerships sold or disposed of prior to the date hereof).

  • Micro Business means a company which either:

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Licensed Business means the activities connected with the conveyance of

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Distribution Business means the business of operating and maintaining a distribution system for supplying electricity in the area of the supply of the Distribution Licensee;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Company Business means the business of the Company as presently conducted.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • the two businesses means the FNZ business and the GBST business;

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Subject Business means the policy or policies that are

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Engaging in business means commencing, conducting, or continuing in business, and liquidating a business when the liquidator thereof holds itself out to the public as conducting such business. Making a casual sale is not engaging in business.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.