CMI Business definition

CMI Business means (a) the business of manufacturing, marketing, distributing, developing and selling building maintenance, cleaning, pest elimination, laundry, warewashing, food hygiene and sanitation products, plastic additives and polymer intermediates to Customers, and (b) the business of developing, marketing, selling and providing facilities maintenance services for Professional End-Users, in the case of (a) and (b), as conducted by the Company, its Subsidiaries (excluding, prior to the Closing Date, the “Companies” sold to the Company pursuant to the Purchase Agreement, but including them thereafter) and any other Persons that are controlled, directly or indirectly, by the Company.
CMI Business means CMI as an operating business or, if at the relevant time CMI is not in operation, the net liquidation value of CMI's assets.
CMI Business means (a) the business of manufacturing, marketing, distributing, developing and selling building maintenance, cleaning, pest elimination, laundry, warewashing, food hygiene and sanitation products, plastic additives and polymer intermediates to Customers, and (b) the business of developing, marketing, selling and providing facilities maintenance services for Professional End-Users, in the case of (a) and (b), as conducted by the Corporation, its Subsidiaries (excluding, prior to the Closing Date, the “Companies” sold to the Corporation pursuant to the Purchase Agreement, but including them thereafter) and any other Persons that are controlled, directly or indirectly, by the Corporation.

Examples of CMI Business in a sentence

  • TheILJ does not use ‘at’ with paragraph references.If a case is heard more than once in the same court, number each case in chronological order in brackets after the case name.Examples: September & others v CMI Business Enterprise CC (2018) 39 ILJ 987 (CC) para 21.

  • That may make it possible for the employees of Intervalve and BHR to seek recompense from it on the basis of negligent mismanagement of their claim.”71 CMI v September72 [107] This is a case where employees and their employer were in dispute about whether the Labour Court had jurisdiction to adjudicate an alleged constructive dismissal dispute or an alleged automatically unfair dismissal dispute when it granted a default judgment against the employer, CMI Business Enterprises (CMI).

  • Excelsior Shareholders are currently exposed to various risks as a result of their investment in Excelsior.If the Proposed Transaction proceeds, there will be a change in the risk profile to which Excelsior Shareholders are exposed as a result of the disposal of the CMI Business and Excelsior's operations being focused on the portfolio investment business.As with all investments, investors should be aware that the market price of Excelsior Shares may fall as well as rise.

  • Where an obligation of a party to pay an amount to the other party in accordance with the provisions of this Section 6.9 arises in respect of any matter relating to the Original CMI Business, the amount due and payable shall be treated as an adjustment to the Subscription Payment.

  • This Section 5.10(a) shall not be construed as giving any representation or warranty that the conduct of the CMI Business does not or will not infringe, violate or misappropriate the Intellectual Property of any other Person.

  • If the Resolution is approved by Excelsior Shareholders and the other conditions precedent are either satisfied or waived, the Proposed Transaction will be implemented irrespective of whether you do not vote or you vote against the Resolution at the Meeting.If this occurs, you will no longer have any exposure to the CMI Business as part of your investment in the Company.

  • While Excelsior will continue to drive the CMI Business, it faces a number of challenges particularly against the backdrop of current economic conditions and a competitive market for its products.

  • These risks include general risks of holding shares and risks that are specific to Excelsior’s business as described in Section 6.9.The CMI Business will also remain exposed to prevailing economic conditions.

  • Neither Buyer nor the Designated Buyers on whose behalf Buyer is acting shall be in breach of any of the representations and warranties given as of the Closing Date to the extent such breach arises as a result of conduct of the CMI Business after the date of this Agreement and prior to Closing which is permitted or required by the express terms of Section 6.2, Section 6.3, Section 7.6 or Section 7.7.

  • By way of clarification only, the parties acknowledge that the Buyer Cap has been calculated in reference to the product of Conopco’s 33-1/3% equity interest in Holdings following Closing multiplied by $360,000,000 (which represents, as against the Conopco Cap, the relative value of the CMI Business as compared to the value of the DiverseyLever Business).


More Definitions of CMI Business

CMI Business means (a) the business of manufacturing, marketing, distributing, developing and selling building maintenance, cleaning, pest elimination, laundry, warewashing, food hygiene and sanitation products, plastic additives and polymer intermediates to Customers, and (b) the business of developing, marketing, selling and providing facilities maintenance services for Professional End-Users, in the case of (a) and (b), as conducted by the members of the CMI Group.

Related to CMI Business

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

  • 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.

  • Subject Business means the policy or policies that are

  • 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;

  • Micro Business means a company which either:

  • 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.

  • Licensed Business means the activities connected with the conveyance of

  • 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.

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

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • 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.

  • 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;

  • 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;

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

  • 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;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • 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).

  • Minority Business means a business:

  • Trust business means the business of acting as trustee, executor or administrator;

  • 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;

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.