Glad Business definition

Glad Business means the business conducted by Clorox and its Subsidiaries within the Field and any other business that the Board determines to enter into without violating Section 5.3(a), including any expansion of such business into a New Country that is structured in the manner set forth in Section 7.8(b) hereof, provided that such business will not include (i) any business, operations, properties, assets or Liabilities of the Glad Licensed Business or (ii) any equity interest in any Subsidiary of Clorox conducting the Glad Licensed Business.
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Examples of Glad Business in a sentence

  • For example, if the third party pays $2 billion to acquire all of the Glad Business and there are no Parent Loans outstanding, the Fair Market Value of 100% of the Ordinary JV Interests will be $2 billion and if the P&G Parties have an ordinary JV Interest of 10%, the Fair Market Value of such Ordinary JV Interest will equal $200 million.

  • If, in either of the examples provided in the two immediately preceding sentences, there were $200 million of Parent Loans outstanding, the Fair Market Value of all outstanding Ordinary JV Interests would have equaled $1.8 billion rather than $2 billion (i.e. the value of all of the Ordinary JV Interests would equal the value of the Glad Business based on the relevant purchase price paid minus the outstanding amount of Parent Loans).

  • The intent of the immediately preceding four sentences is to make it clear that Fair Market Value under those circumstances will be derived solely from the price paid by the relevant third party purchaser rather than a separate or independent valuation of the Glad Business.

  • Similarly, if the third party pays $1.5 billion to acquire a 75% interest in the Glad Business and there are no Parent Loans outstanding, the Fair Market Value of 100% of the Ordinary JV Interests will be $2 billion and if the P&G Parties have an Ordinary JV Interest of 10%, the Fair Market Value of the P&G Parties’ entire Ordinary JV Interest will equal $200 million.

  • In parallel, EMBRIC contributed to organize meetings:- firstly, with maritime regions, with the aim of agreeing on a common initiative to develop a specialized strategy for the blue bioeconomy in their regions:- secondly, with members of the European Parliament, to discuss the hurdles, the needs and opportunities of a successful European blue bioeconomy.

  • Component 2: Water for Agriculture (US$92 million).The objective of this component is to facilitate (a)planning for water and other infrastructure necessary to support climate-resilient irrigated agriculture,(b) construction of the planned infrastructure, and (c) co-management of this infrastructure by central/provincial governments and the local community.

  • Additional information about the Joint Venture will be provided to individual members of the Board upon reasonable request, provided that it is understood that such requests should not be unduly burdensome or otherwise of such a nature as to interfere with the customary operations of the Glad Business or cause the Glad Business to operate other than in the ordinary course.

  • Judge Schiltz has described this phenomenon based on his observations while he practiced law in Minnesota:Because I served as national counsel to several clients, and because I worked on several cases that were national in scope, I spent a lot of time on the road.

  • For the avoidance of doubt, the provisions of this Section 6.1 do not limit in any respect any Transfer by any Clorox Partner of any business, assets or properties of the Glad Business, including without limitation a Third Party Sale pursuant to Section 6.7 hereof; provided, such Clorox Partner has assigned to the transferee and the transferee has assumed this Agreement and all Related Agreements to the extent required by the terms of Section 6.1.

  • He stated that he has not made any changes to the way capital requests are received and assessed.

Related to Glad Business

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Licensed Business means the activities connected with the conveyance of

  • Excluded Business has the meaning set forth in Section ‎9.1.1.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Company Business means the business of the Company as presently conducted.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Micro Business means a company which either:

  • Authorized business means 1 of the following:

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Acquired Business means the entity or assets acquired by Borrower in an Acquisition, whether before or after the date of this Agreement.

  • Certified business means a business verified as a minority- or women-owned business enterprise pursuant to Section 314 of the Executive Law.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.