Divestiture Notice definition

Divestiture Notice has the meaning set forth in Section 5.2(d).

Divestiture Notice is defined in Section 5.4(e).

Divestiture Notice shall have the meaning set forth in Section 5.10(a)(iii).

Examples of Divestiture Notice in a sentence

• For the avoidance of doubt, if the Required Divestiture Notice Period is less than the twelve (12) months required by Section 19.2, the Acquiring Party shall have continuing payment obligations (though no performance obligations beyond those described above) to the Non-Acquiring Party with respect to such Opt-Out Product for the entire Sanofi Termination Notice Period (if Sanofi is the Acquiring Party) or Regeneron Termination Notice Period (if Regeneron is the Acquiring Party).

• If the Acquiring Party terminates this Agreement with respect to the Competing Licensed Product pursuant to this Section 2.6(d), it shall give the Non-Acquiring Party the maximum advance notice (up to twelve (12) months) of termination consistent with such divestiture requirement imposed by Law (the "Required Divestiture Notice Period"), following which the provisions of 2.6(c)(ii) shall apply and the Competing Licensed Product shall be an Opt-Out Product.

• During this period, the Acquiring Party will reasonably cooperate (at the Acquiring Party's sole cost and expense) with the Non-Acquiring Party to enable the Non-Acquiring Party to assume, within the Required Divestiture Notice Period, the continued Development, Manufacture and Commercialization of such Opt-Out Product in the Field in the Territory.

• If the Parties are unable to agree upon the Divested Assets Value within fifteen (15) days of Acquirer’s delivery to NRGY of the Divestiture Notice, then such dispute shall be resolved promptly by an Expert chosen by NRGY from a list of three (3) Experts proposed by Acquirer, with costs of such Expert borne equally by NRGY and Acquirer.

• The Divestiture Notice shall also contain an irrevocable offer ("Divestiture Offer") to sell such Merchant Business to the Purchaser at a price equal to the Divestiture Price and upon the same terms and conditions as the terms and conditions contained in the Divestiture Notice (subject to the provisions of clause (B) below).

More Definitions of Divestiture Notice

Divestiture Notice means that notice requiring Divestiture served by the Corporation on an Unsuitable Person if a Gaming Authority requires the Corporation, or the Board of Directors of the Corporation deems it necessary or advisable, to require such Unsuitable Person to undertake a Divestiture of the Corporation’s securities. Each Divestiture Notice shall set forth (a) the Divestiture Date, (b) the kind and number of shares of securities required to be divested, and (c) any other requirements relating to such Divestiture.

Divestiture Notice has the meaning set forth in Section 6(f) below.

Divestiture Notice has the meaning assigned to such term in Section 2.1.

Divestiture Notice shall have the meaning assigned to such term in Section 5.14(3)(i).

Divestiture Notice has the meaning ascribed thereto in Section 2.1(a).

Divestiture Notice has the meaning set forth in Section 19.4.1.

Divestiture Notice has the meaning set forth in Section 9.6(ii).