Climate Control Business definition

Climate Control Business means the Company’s climate control business segment, which includes the businesses of The Climate Control Group Inc., an Oklahoma corporation, and its related subsidiaries.
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Climate Control Business means the business consisting of the manufacture and sale of hydronic fan coils and water source heat pumps as well as other products used in commercial and residential heating, ventilation and air conditioning systems conducted by ACP, CMI, IEC, Koax, ClimateCraft, EGI and ClimaCool.
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Climate Control Business means the business consisting of the manufacture and sale of hydronic fan coils and water source heat pumps as well as other products used in commercial and residential heating, ventilation and air conditioning systems conducted by TTI, CMI, IEC, Koax, ClimateCraft, Trison and ClimaCool.
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Examples of Climate Control Business in a sentence

  • Subject to the other terms and provisions thereof, Section 4.06(I)(c) and Section 4.06(II)(c) of the Note Purchase Agreement require the Company, in connection with the sale of the Climate Control Business, to make a Net Proceeds Offer or Net ABL Proceeds Offer, as applicable, on or prior to August 15, 2016.

  • EBITDA of the Credit Parties comprising the Climate Control Business, measured on a fiscal quarter-end basis, of not less than $10,000,000 for the 12-month period ending each fiscal quarter after the date hereof.

  • At the written direction of Purchaser (given to the Company within 120 days of Purchaser obtaining notice of a Shortfall Event), the Company shall use its reasonable best efforts to sell the Cherokee Facility, the ▇▇▇▇▇ Facility or the Climate Control Business as soon as practicable following receipt of such written direction and, in any event, within 180 days thereof.


More Definitions of Climate Control Business

Climate Control Business means the Company’s climate control business segment. “Code” means the Internal Revenue Code of 1986, as amended.
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Climate Control Business means the business consisting of the manufacture and sale of hydronic fan coils and water source heat pumps as well as other products used in commercial and residential heating, ventilation and air conditioning systems conducted by ACP, CMI, IEC, Koax, ClimateCraft, EGI and ClimaCool. "ClimateCraft" shall mean ClimateCraft, Inc., an Oklahoma Corporation. "Closing Fee" shall mean a fee in an amount equal to 3.25% of the difference of (i) the aggregate principal amount of the Notes purchased by the Purchasers at the Closing minus (ii) the aggregate amount of the proceeds from the issuance of the Notes held in the Cash Collateral Account. "CMI" shall mean Climate Master, Inc., a Delaware corporation. "COBRA" shall have the meaning set forth in Section 5.19(m) hereof. "Code" shall mean the New York Uniform Commercial Code, as in effect from time to time. "Collateral Agent" shall have the meaning set forth in the first paragraph of this Agreement. "Collateral" shall mean, collectively, the First Priority Collateral and the Second Priority Collateral. "Collateral Access Agreement" shall mean a landlord waiver, bailee letter, or acknowledgement agreement of any lessor, warehouseman, processor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in the Inventory, in each case, in form and substance satisfactory to the Required Holders.
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