Honeywell Retained Assets definition

Honeywell Retained Assets means the Assets to be retained by the Honeywell Group set forth on Schedule II.
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Honeywell Retained Assets means the Assets to be retained by the Honeywell Group set forth on Schedule VII.
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Examples of Honeywell Retained Assets in a sentence

  • Notwithstanding the foregoing, the SpinCo Assets shall not include (i) any Honeywell Retained Assets or (ii) any Assets that are determined by Honeywell, in good faith prior to the Distribution, to arise primarily from the business or operations of the Honeywell Business (unless otherwise expressly provided in this Agreement).

Related to Honeywell Retained Assets

  • Retained Assets has the meaning set forth in Section 2.2.

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Retained asset account means any mechanism whereby the settlement of proceeds payable under a policy or contract is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account with check or draft writing privileges, where those proceeds are retained by the insurer or its agent, pursuant to a supplementary contract not involving annuity benefits other than death benefits.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Retained Liabilities has the meaning set forth in Section 2.4.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

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

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • SpinCo Assets shall have the meaning set forth in Section 2.2(a).

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Retained Group means the Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (except members of the Group);

  • Retained Asset Sale Proceeds means that portion of Net Proceeds of a Prepayment Event pursuant to clause (a) of such definition not required to be applied to prepay the Loans pursuant to Section 2.11(c) due to the Disposition/Debt Percentage being less than 100%.

  • Retained Contracts means all contracts, agreements, leases, software licenses, rights, obligations or other commitments of the Company that (a) arise out of or are related exclusively to any business or operation of the Company other than the Business, or (b) arise out of or are related in any way to the Business and which, in the case of both clauses (a) and (b) herein, are not Transferred Contracts.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Retained Employees has the meaning set forth in Section 6.1.1.

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

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

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