Nextracker Business definition

Nextracker Business shall have the meaning set forth in the Separation Agreement.
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Nextracker Business means the businesses comprising the solar tracker business segment of the Flex Group, including the business and operations conducted prior to the Operative Time by any member of the Nextracker Group (including predecessors thereto), including the research, development, manufacturing, commercialization, and provision of products, services, and training related to (a) intelligent solar tracker solutions and distributed generation solar projects, and (b) TrueCapture, NX Navigator, NX Data Hub, NX Horizon, and NX Gemini, and including such businesses as are described in the IPO Registration Statement, or established by or for Nextracker PubCo or any of its Subsidiaries after the Operative Time, except for contract manufacturing services performed by the Flex Group related to the solar tracker business segment (where for clarity, such exception relates solely to the manufacturing of, but not to the research, development, commercialization, or provision of self-powered controllers, network control units, or other parts manufactured by the Flex Group for the solar tracker business segment).
Sample 1

Examples of Nextracker Business in a sentence

  • NewCo, on behalf of itself and all other members of the NewCo Group, hereby confirms and agrees to comply with any and all covenants and agreements in the Tax Materials applicable to NewCo or any other member of the NewCo Group or the Nextracker Business.

  • Neither Flex nor any member of the Flex Group will have any obligation to renew any Credit Support Instruments issued on behalf of or in favor of any member of the Nextracker Group or the Nextracker Business after the expiration of any such Credit Support Instrument.

  • The Parties agree that upon written request from the other that certain Information relating to the Nextracker Business, the Flex Retained Businesses or the transactions contemplated hereby be retained in connection with an Action, the Parties shall use commercially reasonable efforts to preserve and not to destroy or dispose of such Information without the consent of the requesting Party.

  • Promptly following the Operative Date, Nextracker PubCo and Nextracker OpCo shall post a disclaimer in a form and manner reasonably acceptable to Flex on the “xxx.xxxxxxxxxx.xxx” website informing its customers that Nextracker PubCo and Nextracker OpCo, and not Flex, are responsible for the operation of the Nextracker Business, including such website and any applicable services.

  • Effective from and after the Coverage End Date, the Nextracker Group shall arrange for its own insurance policies with respect to the Nextracker Business covering all periods (whether prior to or following the Operative Date) and agrees not to seek, through any means, to benefit from any of the Flex Group’s insurance policies or the Shared Policies that may provide coverage for claims relating in any way to the Nextracker Business prior to the Coverage End Date.

Related to Nextracker Business

  • Former Business means any corporation, partnership, entity, division, business unit, business or set of business operations that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (other than solely in connection with the Restructuring), in whole or in part, or the operations, activities or production of which has been discontinued, abandoned, liquidated, completed or otherwise terminated, in whole or in part, in each case, by either Group prior to the Distribution Time.

  • Other Business(es means any business activity we or our Affiliates engage in, other than the licensing of the Hotel.

  • Micro Business means a company which either:

  • Other Business has the meaning set forth in Section 6.6.

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Similar Business means (1) any business conducted or proposed to be conducted by the Borrower or any of its Restricted Subsidiaries on the Closing Date, and any reasonable extension thereof, or (2) any business or other activities that are reasonably similar, ancillary, incidental, complementary or related to, or a reasonable extension, development or expansion of, the businesses in which the Borrower and its Restricted Subsidiaries are engaged or propose to be engaged on the Closing Date.

  • Separate Business means each of the activities of the Licensee connected

  • Primary sector business means an individual, corporation, limited liability company,

  • Business has the meaning set forth in the Recitals.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

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

  • Company Business means the business of the Company as presently conducted.

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Auto business means the business or occupation of selling, repairing, servicing, storing or parking "autos".

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Minority Business means a business:

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million;

  • Microbusiness means a licensee that may act as a cannabis

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.