FTD Subsidiaries definition

FTD Subsidiaries means (a) each of the entities listed on Exhibit A hereto, (b) any other entity (other than any UOL Subsidiary) that was owned, in whole or in part, by any of the entities listed on Exhibit A hereto prior to the Distribution Time, and (c) any other entity which becomes a Subsidiary of FTD after the Distribution Time.

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FTD Subsidiaries has the meaning set forth in the Separation Agreement.

Examples of FTD Subsidiaries in a sentence

• FTD, for itself and on behalf of the FTD Subsidiaries, hereby grants, and shall cause the FTD Subsidiaries to grant, to UOL a worldwide, perpetual, irrevocable, nonexclusive, sublicensable, royalty-free, transferable right and license to use, copy, distribute and create derivative works of the Shared IP owned by the FTD Entities.

• By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Executive Vice President and Chief Financial Officer FTD Subsidiaries (all entities are directly or indirectly wholly-owned by FTD Companies, Inc.

• FTD, for itself and as a representative of the FTD Subsidiaries, hereby grants, and shall cause the FTD Subsidiaries to grant, to UOL a worldwide, perpetual, irrevocable, nonexclusive, sublicensable, transferable right and license to use and create derivative works of the Shared IP owned by the FTD Entities.