Demerged Undertakings definition

Demerged Undertakings means the Demerged Undertaking 1, Demerged Undertaking 2, and Demerged Undertaking 3, collectively.

Demerged Undertakings means the Madura Undertaking and the MGL Retail Undertaking.

Demerged Undertakings means the Madura Undertaking, and the MGL Retail Undertaking, collectively; “Demergers” shall have the meaning set forth in Clause 1.6;

Examples of Demerged Undertakings in a sentence

• The Employee Benefit Funds shall, subject to the necessary approvals and permissions and at the discretion of the Applicant Company, either be continued as separate funds of the Applicant Company for the benefit of the employees of the respective Demerged Undertakings or be transferred to and merged with other similar funds of the Applicant Company.

• MSI plc will settle Transactions involving the purchase of securities executed through the Client’s Executing Broker and will provide custody of Investments, each in accordance with this Agreement.

• All Intellectual Property Rights pertaining to the Demerged Undertakings, if any, being used by Demerged Companies shall stand transferred to and vested in and be deemed to be transferred to and vested in the name of Resulting Company without any further act, instrument or deed.

• The accounts representing the assets and liabilities of the Demerged Undertakings shall stand closed on transfer to the Resulting Company.

• The assets and liabilities of the Demerged Company relating to the Demerged Undertakings being transferred to the Resulting Company shall be at values appearing in the books of account of the Demerged Company as on the Appointed Date.

More Definitions of Demerged Undertakings

Demerged Undertakings means the undertaking of the Demerged Company carrying out the business of manufacture, production, sale and distribution of Photographic products, and shall mean and include, without limitation:

Demerged Undertakings means the business undertakings of the Demerged Companies representing their Education Businesses, which would be transferred on a going concern basis to the Resulting Company on and from the Appointed Date. Without prejudice to the generality of the above, the Demerged Undertakings shall mean and include:

Demerged Undertakings means SME E-Commerce Services Undertaking, E-Commerce Business Undertaking and Themepark & Event Software Undertaking;

Demerged Undertakings means collectively, the Coal Based Energy Undertaking, the Gas Based Energy Undertaking, the Financial Services Undertaking, and the Telecommunication Undertaking and the term “Demerged Undertaking” means any of the Demerged Undertakings, as the context may require.

Demerged Undertakings means ‘TAN Undertaking’ and ‘Fertiliser Undertaking’ (transferred to SCM Fertichem by DFPCL upon Slump Exchange in terms of Part III of this Scheme) taken together, which shall be transferred and vested with Smartchem upon demerger by SCM Fertichem in terms of Part IV of this Scheme;

Demerged Undertakings means Demerged undertaking / Resulting Company No. 1, Demerged undertaking / Resulting Company No. 2 and Demerged undertaking / Resulting Company No. 3 of Construction Division , Hotel Divisions and Nangloi land of A B Tools Private Limited Jas defined kereinafter), on “going concern basis”.

Demerged Undertakings collectively shall mean the business together with all assets and liabilities as on the Appointed date of each of