Corner Store Business definition
Corner Store Business has the meaning set forth in the Separation and Distribution Agreement.
Corner Store Business means (a) the retail business in the U.S. and Canada of Valero and its Subsidiaries and Affiliates (including, for the purposes of this definition, Corner Store and its Subsidiaries and Affiliates) prior to the date hereof as described in the Information Statement as the “retail business” and (b) without limiting the foregoing clause (a) and except as otherwise expressly provided in this Agreement, any terminated, divested or discontinued businesses, Assets or operations that were of such a nature that they would be part of the Corner Store Business (as described in the foregoing clause (a)) had they not been terminated, divested or discontinued (regardless of whether they ever operated under the “Corner Store” or “Dépanneur du Coin” name); provided, that the “Corner Store Business” shall not include any of the businesses, Assets or operations described on Schedule 1.1B.
Examples of Corner Store Business in a sentence
Corner Store shall be responsible for any and all Foreign Other Taxes attributable to the Corner Store Business.
Corner Store shall be responsible for any and all State Other Taxes attributable to the Corner Store Business.
Corner Store shall be responsible for any and all Federal Other Taxes attributable to the Corner Store Business.