Divestiture Period definition
Examples of Divestiture Period in a sentence
At the end of the Divestiture Period, the Divested Entity shall have no rights under this ordering document.
If the Divested Entity wishes to continue its use of the Deployment Programs beyond the Divestiture Period, the Divested Entity must acquire licenses and technical support for the same (in accordance with Oracle’s then current prices and policies) pursuant to a mutually agreeable license agreement and ordering document with Oracle, which will govern its use of the programs.
If following the conclusion of the Divestiture Period, Parent has not sold, or entered into an agreement for the sale of, the Competitive Business, Parent shall offer to sell the Competitive Business to Buyer at a price no greater than six times the trailing 12 months EBITA of the Competitive Business at the time of such sale.
The parties agree that notwithstanding anything to the contrary in this Section 7.7, the divestiture obligation set forth in this Section 7.7(c)(iv) shall continue to apply even if the Non-Competition Period expires before the expiration of the Divestiture Period.
During the Divestiture Period, the Divested Entity may use the programs only for either their business operations or your business operations.