Hold Separate Manager definition

Hold Separate Manager means the individual appointed pursuant to Paragraph IV.A of this Order.

Hold Separate Manager means any individual or individuals appointed to manage the Business as the Hold Separate Manager (as defined by the Decision and Order) by the FTC in accordance with any Decision and Order.

Hold Separate Manager means the person appointed by Valeo to undertake the day- to-day management of the Business, under the supervision of the Trustee, pending the disposal of the Business;

Examples of Hold Separate Manager in a sentence

• The function of the Hold Separate Manager is distinct from the function of the Divestiture Trustee, although the two functions may be performed by the same person subject to that person meeting the requirements of paragraph 2.

• The Hold Separate Manager Obligation shall include the performance of any other act or task necessary for the performance of the primary obligation of the Hold Separate Manager including the performance of the reporting obligations at paragraph 15 below.

• For the avoidance of doubt such reimbursement shall include the fees and disbursements of such legal or other professional advisers, consultants and assistants as the Hold Separate Manager reasonably considers necessary for the discharge of the Hold Separate Manager Obligation.

• The Hold Separate Manager shall work with the Divestiture Trustee, if applicable, to bring about Final Disposal in a timely manner.

• To oversee UTC’s compliance with its obligations under the Hold Separate, UTC is required to appoint, subject to the approval of the United States, a Hold Separate Manager for the Engine Control Divestiture Assets and a Hold Separate Manager for the Electrical Power Divestiture Assets.

More Definitions of Hold Separate Manager

Hold Separate Manager means the person appointed by BOI for the Divestment Business to manage the day-to-day business under the supervision of the Monitoring Trustee and whose role is more fully described in Schedule 7 herein.

Hold Separate Manager means the person appointed by

Hold Separate Manager means each Person approved by the Commission to serve as a Hold Separate Manager pursuant to the Hold Separate Order issued by the Commission.

Hold Separate Manager means any Person appointed to manage and maintain the operations of the Hold Separate Business pursuant to Paragraph IV.A. of this Hold Separate Order.

Hold Separate Manager means the Person appointed pursuant to Part V of this Agreement (or any substitute appointed thereto) to manage the operation of the Hold Separate Assets, and any employees, agents or other Persons acting for or on behalf of the Hold Separate Manager;

Hold Separate Manager means any Hold Separate Manager appointed pursuant to this Order.

Hold Separate Manager means the person(s) appointed by WTW to manage the day-to- day business of the Divestiture Businesses under supervision of the Trustee;