Foodservice Business definition

Foodservice Business means the Foodservice business segment as described in Part 1, Item I of Form 10-K filed by Manitowoc with the United States Securities and Exchange Commission for the fiscal year ended December 31, 2013.2014.
Foodservice Business means (i) the businesses and operations conducted by the Foodservice segment of Manitowoc ParentCo and its Affiliates (including, for purposes of this definition, SpinCo and its respective Affiliates) prior to the Effective Date, and (ii) except as otherwise expressly provided in this Agreement, any terminated, divested or discontinued businesses or operations that at the time of such termination, divestiture or discontinuation related to the Foodservice Business (as described in the foregoing clause (i)) as then conducted.
Foodservice Business means (1) the businesses and operations conducted by the Foodservice segment of the Company and its affiliates (including, for purposes of this definition, Manitowoc Foodservice and its affiliates) prior to the consummation of the Spin-Off, and (2) except as otherwise expressly provided in the Separation and Distribution Agreement (as defined herein), any terminated, divested or discontinued businesses or operations that at the time of such termination, divestiture or discontinuation related to the Foodservice Business (as described in the foregoing clause (1)) as then conducted.

Examples of Foodservice Business in a sentence

  • Manitowoc ParentCo and the Foodservice Business both make use of various elements of intellectual property and this IP Agreement is intended to set forth the principal arrangements between them regarding the distribution of, rights to and use of certain such intellectual property.

  • The amount of Foreign Income Taxes attributable to the Foodservice Business for any Tax Period shall not be less than zero.

  • For the avoidance of doubt, Section 5.1(b) will govern whether the Manitowoc Foodservice Spinoff Welfare Plans or Split Welfare Plans are responsible for claims incurred by Manitowoc Foodservice Group Employees, Former Foodservice Business Employees, or their qualified beneficiaries, while receiving continuation coverage under COBRA.

  • Except as otherwise required by applicable non-U.S. law, the appropriate member of the Manitowoc Foodservice Group will be responsible for all income and payroll taxes, withholding and reporting with respect to Cranes Equity Compensation Awards and Manitowoc Foodservice Equity Compensation Awards held by Manitowoc Foodservice Group Employees and Former Foodservice Business Employees.

  • Manitowoc Foodservice Group shall have sole responsibility for the administration of the Manitowoc Foodservice Deferred Compensation Plan and the payment of benefits thereunder to or on behalf of Manitowoc Foodservice Group Employees and Former Foodservice Business Employees, and no member of the Manitowoc ParentCo Group shall have any liability or responsibility therefor.


More Definitions of Foodservice Business

Foodservice Business means Manitowoc Foodservice, Inc. and its combined subsidiaries, after giving effect to the Internal Reorganization and the Distribution as described in the Form 10.
Foodservice Business has the meaning set forth in the Separation Agreement.
Foodservice Business means the businesses conducted by the Borrower and its Affiliates which consist of (i) providing food and facilities management services to businesses and industrial operations, health care facilities, schools and universities, (ii) providing commercial laundry services, (iii) managing the Retained Conference Centers (as defined in the Distribution Agreement) and (iv) business undertaken pursuant to the NANA Joint Ventures (as defined in the Distribution Agreement), each of the foregoing as and to the extent conducted through the Borrower's Marriott Management Services strategic business unit (referred to in the Distribution Agreement).
Foodservice Business means the businesses conducted by the Parent Guarantor and its Affiliates which consist of (i) providing food and facilities management services to businesses and industrial operations, health care facilities, schools and universities, (ii) providing commercial laundry services, (iii) managing the Retained Conference Centers (as defined in the Distribution Agreement) and (iv) business undertaken pursuant to the NANA Joint Ventures (as defined in the Distribution Agreement), each of the foregoing as and to the extent conducted through the Parent Guarantor's Marriott Management Services strategic business unit (referred to in the Distribution Agreement).
Foodservice Business is defined in the Preliminary Statement of this Agreement.
Foodservice Business means the Foodservice business segment as described in Part 1, Item I of Form 10-K filed by Manitowoc with the United States Securities and Exchange Commission for the fiscal year ended December 31, 2011.
Foodservice Business means (a) the Foodservice Assets and (b) the design, development, distribution, servicing, sale, manufacture and marketing of glass products in the Foodservice Channel.