Electronics Distribution Date definition

Electronics Distribution Date means the date on which Tyco distributes all of the issued and outstanding shares of Electronics Common Stock to the holders of Tyco Common Stock.
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Electronics Distribution Date has the meaning set forth in the Separation and Distribution Agreement.
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Examples of Electronics Distribution Date in a sentence

  • After the earlier of the Healthcare Distribution Date or the Electronics Distribution Date, this Agreement may not be terminated except by an agreement in writing signed by Tyco, Healthcare and Electronics.

  • This Agreement (including Article VIII hereof) may be terminated and each Distribution may be amended, modified or abandoned at any time prior to the earlier of the Healthcare Distribution Date or the Electronics Distribution Date by and in the sole discretion of Tyco without the approval of Healthcare, Electronics or the stockholders of Tyco.

  • If the Electronics Distribution Date FCF is less than the Electronics Estimated FCF, and the difference is larger than $10 million, then Electronics shall be obligated to pay, or cause to be paid, to Tyco, or its designee, the difference between the Electronics Distribution Date FCF and the Electronics Estimated FCF within two (2) Business Days after the determination of the Electronics Distribution Date FCF.