NPT Business definition

NPT Business has the meaning set forth in the Recitals.
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NPT Business means the business of providing advanced test and diagnostic systems, and related product engineering services, and the assets used in connection with that business, that the Schlumberger Group has transferred and will transfer to NPTest.
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NPT Business has the meaning set forth in the Master Separation and Sale Agreement.
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Examples of NPT Business in a sentence

  • Schlumberger Business" means the businesses of the Schlumberger Group as of the Separation Date, but specifically excluding the NPT Business.

  • Authorized Dealers" means any distributor, dealer, OEM customer, VAR customer, VAD customer, systems integrator or other agent that on or after the Separation Date is authorized to market, advertise, sell, lease, rent, service or otherwise offer NPT Business Products.

  • Schlumberger Business" means any business of Schlumberger other than the NPT Business.

  • Schlumberger hereby confirms the grant, conveyance and assignment which was made in the Prior Transfers of NPT Business Marks and causes of action and rights of recovery for past infringement of NPT Business Marks.

  • Schlumberger agrees that they and other members of the Schlumberger Group will not license or transfer the Licensed Marks to Third Parties (other than to and among members of the Schlumberger Group or Joint Ventures (as defined below) of the Schlumberger Group) for use in connection with products or services which compete with NPT Business Products that are listed on a mutually agreed NPT corporate price list as of the Distribution Date until two (2) years after the Separation Date.

  • NPT Business" has the meaning set forth in the Master Separation and Sale Agreement.

  • At all times before the Separation Date, Schlumberger and NPT will conduct the NPT Business in the ordinary course, consistent with past practices.

  • Collateral Materials" means all packaging, tags, labels, advertising, promotions, display fixtures, instructions, warranties and other materials of any and all types associated with the NPT Business Products that are marked with at least one of the Licensed Marks.

  • At the Schlumberger Group's request, NPT agrees to furnish or make available to the Schlumberger Group for inspection sample NPT Business Products marked with one or more of the Licensed Marks.

  • NPT agrees and understands that it will be entitled to continue to use the Software in its present form, as currently used in the NPT Business, subject to the provisions of this Agreement.

Related to NPT Business

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

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

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

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • 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.

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;

  • Trust business means the business of acting as trustee, executor or administrator;

  • 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;

  • Micro Business means a company which either:

  • Target Business means any businesses or entity with whom the Company wishes to undertake a Business Combination;

  • 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 —

  • Licensed Business means the activities connected with the conveyance of

  • Minority Business means a business:

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • 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;

  • Excluded Business has the meaning set forth in Section 6.10.

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

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

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

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.