New Diamond Business definition

New Diamond Business means (i) the business of the Company reflected as the “Core Food” business of the Company and its Subsidiaries as reflected in that certain Presentation, dated September 2005 (the “Business Description Presentation”), by The Blackstone Group L.P. and ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co. (which presentation describes the Company’s “Core Food”, “Standalone Drug” and “Underperforming Metro Areas” (or “Non-Core”) businesses), and (ii) the Company’s headquarters in Boise, Idaho, Phoenix, Arizona (the Scottsdale and Glendale facilities) and Salt Lake City, Utah (collectively, the “Company Headquarters”); provided, that the New Diamond Business shall not include the Springfield Stores.
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New Diamond Business has the meaning given to it in the Separation Agreement.
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Examples of New Diamond Business in a sentence

  • The allocations of the Separate Operations Data among the New Diamond Business, the Standalone Drug Business and the Retained Business are consistent with Section 2.13(a)(i) of the Disclosure Letter and the allocations of the Separate Balance Sheet Data are allocated in the manner described in Section 2.13(a)(ii) of the Disclosure Letter.

  • The consummation of the Transactions and the Standalone Drug Sale will not cause any advances under the Advance Contracts to be repayable within one year of the Closing Date (the “First Operating Year”), assuming the Company’s and its Subsidiaries’ business consisted only of the New Diamond Business and generated a sales volume during the course of the First Operating Year that is consistent with the sales volume of the New Diamond Business over that past year.

  • The allocations of the Separate Operations Data among the New Diamond Business, the Standalone Drug Business and the Retained Business are consistent with Section 4.7(b)(i) of the Company Disclosure Letter and the allocations of the Separate Balance Sheet Data are allocated in the manner described in Section 4.7(b)(ii) of the Company Disclosure Letter.

  • For the avoidance of doubt, the parties understand and agree that that certain Consulting Agreement between the Company and Six Sigma Academy International, L.L.C. (the “Six Sigma Contract”) is a service contract that requires bifurcation between the New Diamond Business and the Retained Business, as described on Schedules 1.2, 1.6, 1.7 and 1.10 to the Agreement, and that the Retained Business’s share of obligations pursuant to the Six Sigma Contract are Retained Liabilities.