Divestiture Action definition

Divestiture Action has the meaning set forth in Section 6.4(c).

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Divestiture Action means any divestiture, sale, license or other disposition, or subjection to any hold-separate order, of assets, properties, businesses or product lines of Parent, the Company, or any of their respective Affiliates.

Divestiture Action shall have the meaning specified in Section 4.5(b).

Examples of Divestiture Action in a sentence

The Company shall cooperate with Parent and shall use its reasonable best efforts to assist Parent in resisting and reducing any Divestiture Action.
Notwithstanding any other provisions of this Section 6.8, nothing in this Agreement shall require Parent to take or agree to take any Divestiture Action or other action (other than de minimis actions) with respect to Parent and its Subsidiaries (other than with respect to the Company and its Subsidiaries (from and after the Effective Time)).
In the event that any action is threatened or instituted challenging the Merger as violative of any Premerger Notification Rule or other Antitrust Law, Parent shall take all action necessary, including but not limited to any Divestiture Action to avoid or resolve such action.
The Company shall agree to take any Divestiture Action requested by Parent if such actions are only effective after the Effective Time and conditioned upon the consummation of the Transactions.
In the event that any action is threatened or instituted challenging the Merger as violative of any Antitrust Law, Parent shall (A) take such action, including any Divestiture Action, as may be necessary to avoid, resist or resolve such action; and (B) defend, at its cost and expense, any action or actions, whether judicial or administrative, in connection with the transactions contemplated by this Agreement.

More Definitions of Divestiture Action

Divestiture Action shall have the meaning given to that term in Clause 7.2(h);

Divestiture Action has the meaning given to it in Section 6.03(c).

Divestiture Action means any sale, license, divestiture or other transfer of the assets or businesses or products or product lines by any Person if necessary to obtain any requisite approvals, authorizations, consents, clearances, orders, licenses, permits, qualifications, exemptions or waivers from a governmental authority to permit the consummation of the Auto Care Acquisition prior to the termination date provided in the Auto Care Acquisition Agreement.

Divestiture Action is defined in Section 6.1(d) of the Agreement.

Divestiture Action has the meaning set forth in Section 8.01(c).

Divestiture Action has the meaning set forth in Section 5.3(c).

Divestiture Action shall have the meaning set forth in Section 2.4(c)(v) of this Agreement.