Delphi Automotive Systems Business definition

Delphi Automotive Systems Business means the business conducted by the Delphi Automotive Systems Sector of GM at any time on or before the Contribution Date.
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Delphi Automotive Systems Business has the meaning ascribed to such term in the Separation Agreement.
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Delphi Automotive Systems Business means the business conducted by the Delphi Automotive Systems Sector of GM at any time on or before the Contribution Date, including (i) all business operations whose financial performance is reflected in the Delphi Financial Statements, (ii) all business operations initiated or acquired by the Delphi Automotive Systems Sector of GM after the date of the Delphi Financial Statements and (iii) all business operations that were conducted at any time in the past by the Delphi Automotive Systems Sector of GM or by any predecessor of such Sector (including, without limitation, the GM Automotive Components Group) but were discontinued or disposed of prior to the date of the Delphi Financial Statements other than by transfer or disposition to any other Sector of GM.
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Examples of Delphi Automotive Systems Business in a sentence

  • Source: GENERAL MOTORS CORP, 10-Q, November 08, 2007 (ii) GM shall retain and/or assume the defense of all such claims involving parts, components or systems manufactured by the Delphi Automotive Systems Business prior to January 1, 1999 and sold or otherwise supplied to GM or its Affiliates before, on, or after January 1, 1999.


More Definitions of Delphi Automotive Systems Business

Delphi Automotive Systems Business means the business conducted by the Delphi Automotive Systems Sector of GM at any time on or before the Contribution Date. Section 1.59 “Delphi Material Impact” shall have the meaning ascribed to such term in section 8.03(e) of this Agreement. Section 1.60 “Delphi Guaranty Parties” shall have the meaning ascribed to such term in section 8.03(a) of this Agreement. Section 1.61 “Delphi Notice” shall have the meaning ascribed to such term in section 8.03(e) of this Agreement. Section 1.62 “Delphi Parties” shall mean Delphi and any and all of its subsidiaries and Affiliates. Section 1.63 “Delphi Plan” shall mean any Plan proposed or supported by Delphi. Section 1.64 “Delphi Products “ shall have the meaning ascribed to such term in section 5.09(a) of this Agreement. Section 1.65 “Delphi-Related Parties” shall mean the Debtors, the estates of the Debtors as created under Bankruptcy Code section 541, the Delphi Hourly-Rate Employees Pension Plan, the Delphi Health Care Program for Hourly Employees, the Delphi Life and Disability Benefits Program for Hourly Employees, any other Delphi pension or welfare benefit plan, and each of their respective current and former principals, officers, directors, agents, employees, advisors, and representatives (including any attorneys, financial advisors, investment bankers, and other professionals retained by such persons or entities) in their respective capacities. Section 1.66 “Delphi Retained Employment Liabilities” shall mean all liabilities and obligations relating to employees and former employees at the Employment Transfer Facilities arising from acts or events relating to employment occurring on or before the date the Employment Transfer takes place (regardless of when any related claim is made), all Delphi obligations under the UAW Benefit Guarantee Term Sheet, all accrued or vested pension benefits, all Delphi obligations for retired employees or employees who are PRP participants, all WARN Act notice obligations arising from the transactions contemplated in section 4.06 hereof, and all Delphi obligations under the SAP and SAP-T; provided, however, that Delphi Retained Employment Liabilities shall not include liabilities that have been assumed by GM with respect to any present or former Delphi employees pursuant to this Agreement or the Settlement Agreement. For the avoidance of doubt, obligations under Section 2.02(d) of the Settlement Agreement which are attributable to periods after the date the Employment Transfer...
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Related to Delphi Automotive Systems Business

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