Luminent Group definition
Examples of Luminent Group in a sentence
This Agreement may be enforced separately by each member of the MRV Group and each member of the Luminent Group.
MRV Group" means MRV, each Subsidiary and Affiliated Company of MRV (other than any member of the Luminent Group) immediately after the Separation Date, after giving effect to the Non-US Plan and each Person that becomes a Subsidiary or Affiliate Company of MRV after the Separation Date.
Luminent Group" means Luminent, each Subsidiary and Affiliated Company of Luminent immediately after the Separation Date or that is contemplated to be a Subsidiary or Affiliated Company of Luminent pursuant to the Non-US Plan and each Person that becomes a Subsidiary or Affiliate Company of Luminent after the Separation Date.
As of the Distribution Date, Luminent shall be responsible for complying with the workers' compensation requirements of the states in which the Luminent Group conducts business and for obtaining and maintaining insurance programs for its risk of loss.
Each of MRV and Luminent shall cause to be performed and hereby guarantee the performance of any and all actions of the MRV Group or the Luminent Group, respectively.
Post-Distribution Period" means, for each designated Plan, the period beginning as of the Distribution Date and ending on the date that no member of the Luminent Group is using MRV benefit delivery and administrative services with respect to that Plan.
Luminent Indemnitees" means Luminent, each member of the Luminent Group and each of their respective directors, officers and employees.
Subject to Section 3.8, the rights and obligations of the members of the MRV Group and the Luminent Group under this Article I shall survive the sale or other transfer by any party of any Assets or businesses or the assignment by it of any Liabilities or the sale by any member of the MRV Group or the Luminent Group of the capital stock or other equity interests of any Subsidiary to any Person.
Without limiting the generality of the foregoing: (a) neither the Distribution or Separation, nor the termination of the Participating Company status of Luminent or any member of the Luminent Group shall cause any employee to be deemed to have incurred a termination of employment; and (b) no transfer of employment between MRV and Luminent before the Distribution Date shall be deemed a termination of employment for any purpose hereunder.
Luminent Group" means Luminent, each Subsidiary and Affiliated Company of Luminent immediately after the Separation Date or that is contemplated to be a Subsidiary or Affiliated Company of Luminent and each Person that becomes a Subsidiary or Affiliate Company of Luminent after the Separation Date.