Divestitures definition

Divestitures is defined in Section 8.31 of this Agreement.

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Divestitures means the transactions described in Sections 4.2(a) and (b).

Divestitures means the sale by the Borrower of its vibration control business, known as Barry Controls, which was consummated on June 30, 2000, and its aerospace cargo products business, known as Air Cargo, which was consummated on May 25, 2000.

Examples of Divestitures in a sentence

• Service Provider will accommodate Service Receiver’s inorganic (Mergers, Acquisitions, and Divestitures) activities on a time and materials basis with respect to the one-time set-up fees.

• Service Provider will accommodate Service Receiver’s organic activities and use commercially reasonable efforts to accommodate Service Receiver’s inorganic (Mergers, Acquisitions, and Divestitures) activities to the extent such activities do not increase volume of Service by an amount greater than BAU as described in the following table using pre-distribution date service volumes as a baseline for calculation of changes to service volume.

• If there are Post-Closing Consent Decree Divestitures, the Company shall have the option to prepay all or a portion of the Final Company Divestiture Tax by delivery of a notice to Parent on or before the Tax Model Cutoff Date that sets forth a specified amount not to exceed the excess, if any, of (i) $1,750,000,000 over (ii) the Closing Date Company Divestiture Tax (the amount specified in such notice, the “Final Company Divestiture Tax Prepayment”).

• Merge or consolidate or enter into any analogous reorganization or transaction with any Person; provided, however, any wholly-owned Subsidiary may be merged with or liquidated into the Borrower (if the Borrower is the surviving corporation) or any other wholly-owned Subsidiary, and the Borrower and Material Subsidiaries may enter Permitted Divestitures.

• Take any action, or permit any Material Subsidiary to take any action, which would result in a decrease in the Borrower’s or any Material Subsidiary’s ownership interest in any Subsidiary (including, without limitation, decrease in the percentage of the shares of any class of stock owned), other than Permitted Divestitures.

More Definitions of Divestitures

Divestitures means the sale by the Borrower of its vibration control business, known as ▇▇▇▇▇ Controls, and its aerospace cargo products business, known as Air Cargo.

Divestitures means, in respect of any Hydro Assets, the sale, conveyance, lease or other divestiture for consideration (collectively, for purposes of this definition, a “divestiture”) of such Hydro Assets to any Person other than the Issuer or any Subsidiary of the Issuer. However, for purposes of this definition, the term Divestitures shall not include:

Divestitures means the sale by the Borrower of its vibration control business, known as ▇▇▇▇▇ Controls, which was consummated on June 30, 2000, and its aerospace cargo products business, known as Air Cargo, which was consummated on May 25, 2000.

Divestitures means the sale and/or other disposition of the assets and the related businesses of the ▇▇▇'▇ Famous Recipe Concept, the Pargo's Concept, the Fifth Quarter Concept and/or the ▇▇▇▇ ▇▇▇▇ Foods Concept in accordance with the terms of clause (h) of Section 7.2.11 or as otherwise agreed to by the Required Lenders.

Divestitures or “Financing Activities” with a value in excess of S3 million. Work related to these activities will be billed incrementally at the rate of $350.00 per hour. Should this contract be terminated by either party, all compensation will be prorated based on the termination date and paid to Consultant.

Divestitures. ’ means the divestiture of the 34 theatres prescribed by the Consent Agreement as described under ‘‘The Acquisition — Consent Agreement’’.

Divestitures means collectively, the sale by Old Ralcorp of its brand-name cereal and snack food businesses to General Mill▇ ▇▇▇souri, Inc. and the sale by the Borrower of stock of Rals▇▇▇ ▇▇▇orts, Inc. to Vail Resorts, Inc.