Delta Business definition

Delta Business shall have the meaning set forth in the Separation and Distribution Agreement.
Delta Business means the Delta Business Sub-Segments collectively and taken as a whole.
Delta Business means (i) the businesses of the Delta Operating Group, other than the Ultra Business, whether conducted prior to, at or after the Effective Time and (ii) any and all businesses of the Delta Group after the Effective Time (including any businesses acquired or established by or for Delta or any of its Subsidiaries after the Effective Time).

Examples of Delta Business in a sentence

  • At the conclusion of any Proceeding relating to Other Taxes, Delta and Ultra shall reasonably cooperate with one another in a timely manner to determine the amount of any Other Taxes payable by Delta that are attributable to the Ultra Business (and vice-versa) and Ultra or Delta, as the case may be, shall pay such amount of Other Taxes imposed with respect to the Ultra Business or the Delta Business, as applicable, to Delta or Ultra, respectively.

  • The Vector/Kodiak License will be royalty-free and fully paid up to the extent that Delta does not commercially exploit the Vector and Kodiak Intellectual Property in the Delta Business.

  • Neither Ultra nor any of its Subsidiaries shall have any Liabilities under (i) any Lease that expires or is subject to renewal pursuant to a new agreement on or after the Distribution Date, or (ii) any new lease executed by Delta or its Subsidiaries in connection with the Delta Business on or after the Distribution Date.

  • The Vector/Kodiak License will be royalty-free and fully paid up to the extent that Delta does not commercially exploit the Vector and Kodiak Intellectual Property in the Delta Business and will be subject to a commercially reasonable royalty, to be negotiated in good faith by the Parties and agreed in writing, for commercial exploitation by Delta in the Delta Business.


More Definitions of Delta Business

Delta Business the business described in Schedule 2; "DELTA GROUP" Delta and its Subsidiaries until such time as New Delta is established in accordance with Schedule 3 and, thereafter, New Delta and its Subsidiaries;