NL Business definition
NL Business means [●];
NL Business means (i) the business, operations and assets of NL and its Subsidiaries as of the Distribution Date (excluding the Kronos Business) and (ii) any and all terminated, divested or discontinued businesses, assets or operations conducted by or related to NL or its Subsidiaries (excluding the Kronos Business).
NL Business has the meaning given to it in the NL Business Sale Agreement;
Examples of NL Business in a sentence
The amount of the State's capital contribution into the Company shall be determined based on the value of FMO's contribution of its NL Business into the Company.
As soon as reasonably possible after the contribution of FMO's NL Business and the State's capital contribution into the Company, the Company shall enter into the Portfolio Purchase Agreement, with FMO to acquire FMO's Portfolio.
FMO shall subscribe for, acquire and pay up a number of Shares A not exceeding 49% of the Shares A by way of contribution of FMO's NL Business into the Company.