Catalyst Business definition
Catalyst Business means the business of researching, developing, producing, marketing, distributing and selling (a) silica gels (including hydrogels and co-gels) used as or in the process of manufacturing: catalysts and catalyst supports, catalyst adsorbent/regeneration materials, anti-blocking agents, de-nesting agents, matte agents in PET films, IR attenuation film additives, additives for GPF/automotive emissions applications, and AIX metal recovery/adsorbents and supports, (b) precipitated silicas used in the production of: anti-blocking agents and additives for GPF/automotive emissions applications, and (c) zeolites and microporous materials used in the production of: zeolite catalysts and catalyst supports, zeolites with a Silica to Alumina Molar Ratio (SAR) >3 and microporous Silicaluminophosphate (SAPO), in each case (x) for the end uses set forth in subsections (a), (b) and (c) above, (y) as conducted as of the Closing by the Retained Business, and (z) comprising Parent’s catalysts reporting segment.
Catalyst Business means the business of CDTi and its Affiliates other than the ECS Business, including specifically, the development, manufacture and sale of catalyst formulations to reduce emissions from gasoline, diesel and natural gas combustion engines.
Examples of Catalyst Business in a sentence
As provided in this Article V the Scope of Business may change with time but will initially include specifically the SPACE Zeolite-containing Catalyst Business and the PQ Zeolite Business.
It is expressly agreed that the foregoing is not intended to restrict or prohibit, and shall not restrict or prohibit, (a) the Seller Parties and their Corporate Affiliates from engaging in the Catalyst Business or Non-Reno ECS Business anywhere in the world or the Reno ECS Business in geographic areas other than North America, or (b) the ownership by such Seller Party or their Corporate Affiliates of equity securities of a Person constituting less than five (5) percent of the voting power of such Person.