Hardware Business definition

Hardware Business means all or substantially all of the assets of Borrower comprising the business of manufacturing, or having manufactured, Intergraph hardware products (the "Products") for Borrower's interactive computer graphics systems and the related Inventory of Borrower as of the Closing Date. The term "Products" does not include Image Stations, ruggedized workstations, local products sold through EDC, TAMPS workstations, photoscans, scan servers, and printers/plotters/scanners sold through Borrower.

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Hardware Business means the manufacture, marketing and/or sale by the Hardware Sellers of the following: cabinet hardware, window/door hardware, builders’ and home hardware and hanging and anchoring hardware of the type currently sold under the Bulldog brand, paint accessories, and Levolor-branded and private label drapery hardware, but excluding the ▇▇▇▇▇▇-branded drapery hardware business and any window covering or window treatment business, including Levolor-branded or ▇▇▇▇▇▇-branded window coverings and window treatments.

Hardware Business means the manufacture, marketing and/or sale by the Hardware Sellers of the following: cabinet hardware, window/door hardware, builders’ and home hardware and hanging and anchoring hardware of the type currently sold under the Bulldog brand, paint accessories, and Levolor-branded and private label drapery hardware, but excluding the Kirsch-branded drapery hardware business and any window covering or window treatment business, including Levolor-branded or Kirsch-branded window coverings and window treatments.

Examples of Hardware Business in a sentence

• Sellers shall provide Purchaser with financial records related to its operation of the Telematics Hardware Business prior to the Closing and such other information and schedules reasonably requested by Purchaser to enable Purchaser to satisfy its reporting and filing obligations with the SEC and as otherwise required by Law, including preparation and completion of audited and reviewed financial statements and related footnotes as required by the SEC.

• Schedule 3.18 of the Disclosure Schedules contains a description of all existing programs, practices or arrangements that relate to trade discounts, trade promotions, allowances, marketing, promotional sales, demo and sampling commitments, slotting arrangements, coupons, reward programs related to any Product currently sold by or on behalf of Sellers in connection with the Telematics Hardware Business.

• Schedule 3.12 of the Disclosure Schedules sets forth certain unaudited financial information related to the Telematics Hardware Business for the twelve (12) months ended December 31, 2015 (the “Financial Information”).

• Sellers shall promptly remit to Purchasers any amounts received by Sellers from customers of the Telematics Hardware Business that relate to sales made by Purchasers after the Closing Date.

• Except for the Permits set forth on Schedule 3.14 of the Disclosure Schedules, no Permits are necessary or required for the conduct of the Telematics Hardware Business as heretofore conducted.

• Sellers also shall remain solely responsible for all workers’ compensation claims of any current or former employees, officers, directors, independent contractors or consultants of the Telematics Hardware Business which relate to events occurring on or prior to the Closing Date.

• There are no Orders with any Governmental Authority relating to the Purchased Assets or the Telematics Hardware Business and arising under Environmental Law for which any obligation remains to be performed.

• Each Seller has all requisite power and authority to carry on the Telematics Hardware Business and to own, lease and use the Purchased Assets owned, used or leased by it.

• No Seller is subject to any Order affecting the Telematics Hardware Business or any part of the Purchased Assets.

• Schedule 3.14 of the Disclosure Schedules sets forth a complete and correct list of all governmental licenses, permits, operating authorities, state operating licenses or registrations and other interstate, intrastate, national or international regulatory licenses and other Governmental Authority authorizations held by each Seller that is material, to the Telematics Hardware Business (collectively, “Permits”).

More Definitions of Hardware Business

Hardware Business means the business of the Seller in designing, developing and marketing high security cryptographic hardware products, for use by finance, Government and blue chip customers.

Hardware Business means the sale, distribution, rental and service of professional video and audio hardware products (excluding video and audio tape products, data storage media products and film) conducted by Steadi and its subsidiaries, taken as a whole (excluding the logistics, fulfillment, distribution and transaction management services outsourcing business conducted by Priority Fulfillment Services, Inc., a Daisytek subsidiary, and its Affiliates).