Ice Business definition

Ice Business means (i) the manufacture and sale (including, without limitation, direct sales, wholesale sales and retail sales) of ice; (ii) the manufacture and sale of ice and water by means of ice manufacturing or water purification equipment (including ice makers, bins, baggers, merchandisers, delivery devices and related equipment) installed on the premises of the Company's customer(s) whether or not such equipment is owned by the Company, the customers, or a third party; (iii) contract on-premises ice or water service (including leasing of ice or water related equipment) for a customer's internal use; (iv) providing cold storage and freezer related services in conjunction with the traditional ice business; (v) the sale of products incidental or related to the foregoing; and (v) all logical extensions of the foregoing.
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Ice Business means (i) the manufacture and sale (including, without limitation, direct sales, wholesale sales and retail sales) of ice; (ii) the manufacture and sale of ice and water by means of ice manufacturing or water purification equipment (including ice makers, bins, baggers, merchandisers, delivery devices and related equipment) installed on the premises of any of the Companies' customer(s) whether or not such equipment is owned by one of the Companies, the customers of that Company, or a third party; (iii) contract on-premises ice or water service (including leasing of ice or water related equipment) for a customer's internal use; (iv) providing cold storage and freezer related services in conjunction with the traditional ice business; (v) the sale of products incidental or related to the foregoing; and (v) all logical extensions of the foregoing.
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Ice Business shall have the meaning set forth in the recitals of this Agreement.
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Examples of Ice Business in a sentence

  • The Company shall not, and shall not permit any of its Subsidiaries to, engage in the conduct of any business other than the Ice Business.

  • Except for the representations and warranties set forth in Section 3.1, Buyer acknowledges that none of Parent, any Seller, any Group Company or any person or entity acting on behalf of any of the foregoing makes or has made any other express or any implied representation or warranty to Buyer as to the accuracy or completeness of any information regarding Parent, any Seller, any Group Company, the Ice Business, the Colorado Real Property or any other matter.

  • Following the Closing, Parent and its Affiliates shall not challenge the environmental, zoning or other permits relating to the operations of the Group Companies and the Ice Business.

  • Since January 1, 2006, none of Parent, Sellers or the Group Companies has received written notice of any material violation of any such Law or Order applicable to the Group Company or the Ice Business or the Colorado Real Property, except for violations that would not, individually or in the aggregate, have a Material Adverse Effect.

  • As of the Closing, except as set forth on Schedule 3.1(q)(ii), none of the Group Companies will have any business or operations that are not part of the Ice Business.

  • After the Closing, Buyer shall cause the Group Companies to use commercially reasonable efforts consistent with past practices to collect the accounts receivable of the Ice Business.

  • The Parties acknowledge and agree that (a) the Plastic Auger Assets shall be deemed jointly owned by Enodis Corporation and Scotsman and (b) Enodis Corporation, Scotsman and their respective Affiliates may license and use the Plastic Auger Assets for any purpose; provided, however, that neither Enodis Corporation nor its Affiliates shall license the Plastic Auger Assets or any portion thereof to any Person (other than their respective Affiliates) that competes or is likely to compete with the Ice Business.

  • Effective as of the Closing, Buyer shall cause the Group Companies to pay, perform and discharge, as and when due, those obligations arising under the Contracts described in Exhibit 5.18 (except as otherwise set forth therein) that relate to the Ice Business, including goods and services manufactured or sold as part of the Ice Business prior to, on or after the Closing Date.

  • The Company shall not, and shall not permit any of its Subsidiaries to, engage in the conduct of any business other than the Ice Business on a basis consistent with the conduct of such business as it is conducted on the Issue Date.

  • Schedule 3.1(t)(i) sets forth the names of the top ten (10) customers of the Ice Business, by dollar volume, for the twelve (12) months ended December 31, 2008 (each, a “Material Customer).