Examples of Hold Separate Trustee in a sentence
Sellers will provide to Buyers access to all books and records of the Business and will afford reasonable access to the Hold Separate Trustee and Hold Separate Managers.
Pursuant to the Consent Agreement, Thermo is required to divest Genevac to a Hold Separate Trustee who is charged with the duty of monitoring Thermo’s compliance with the Consent Agreement.
By placing the assets under the direction of an “independent” manager and the guidance of a Hold Separate Trustee (“HS Trustee or Trustee”), the business is protected from intentional or unintentional deterioration that would impact its ability to be operated in a manner that maintains or restores competition.
Purchaser Parent and US Purchaser acknowledge and agree that Graco’s and its Affiliates’ ability to provide Purchaser Parent and its representatives with information about the Liquid Finishing Business is in all respects subject to the limitations imposed by the FTC (including, but not limited to, the Final Order and the Hold Separate Trustee.
Mr. Cole’s extensive background in the CVE market and intimate knowledge of Genevac uniquely qualify him to serve as the Hold Separate Trustee.