Packaged Gas Business definition

Packaged Gas Business means the Seller's business in the United States with respect to (a) the preparing, transfilling, packaging, marketing, distribution, sale and supply (and in the case of acetylene, also the manufacture) of pressurized industrial gases and specialty gases in pressurized cylinders, (b) the preparing, transfilling, packaging, marketing, distribution, sale and supply of pressurized gas and liquid process chemicals in pressurized cylinders, tube trailers and other high capacity pressure vessels and (c) the distribution, marketing, sale and supply as a reseller, distributor or lessor (and in the case of specialty gas equipment, also the manufacture and assembly) of equipment (including, without limitation, welding equipment) and materials necessary for or related to the use of packaged gases, in each case as currently conducted by the Seller. Notwithstanding the foregoing, the Packaged Gas Business shall not include the Excluded Businesses.
Packaged Gas Business means the Seller's business in the United States with respect to (a) the preparing, transfilling, packaging, marketing, distribution, sale and supply (and in the case of acetylene, also the manufacture) of pressurized industrial gases and specialty gases in pressurized cylinders and the Microbulk supply mode of gases, (b) the preparing, transfilling, packaging, marketing, distribution, sale and supply of pressurized gas and liquid process chemicals and (c) the distribution, marketing, sale and supply as a reseller, distributor or lessor of equipment (including welding equipment) and materials necessary for or related to the use of packaged gases, in each case as currently conducted by the Seller. Notwithstanding the foregoing, the Packaged Gas Business shall not include the Excluded Businesses.
Packaged Gas Business means the Sellers’ and their Affiliates’ business in the United States of (a) producing, preparing, transfilling, packaging, marketing, distributing, exporting, selling and supplying industrial, medical and specialty gases in Packaged Gas Business Containers, (b) preparing, transfilling, packaging, marketing, distributing, exporting, selling and supplying process chemicals (in either gas or liquid form) and (c) distributing, marketing, supplying as a reseller, distributor or lessor equipment and supplies (including welding equipment, welding consumables, safety equipment and supplies and related products) and materials.

Examples of Packaged Gas Business in a sentence

  • The Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power to own, lease and operate its properties and the Purchased Assets and to carry on the Packaged Gas Business as now being conducted.

  • The Seller has not received written notice of or been charged with any material violation of any Law pertaining to the Packaged Gas Business, the Purchased Assets or the Leased Real Property, except as set forth in Schedule 5.11.

  • In order that Airgas may have and enjoy the full benefit of the Packaged Gas Business, the Seller hereby agrees that, except as otherwise provided or contemplated in any of the Enabling Agreements, it will not, nor will any of its Affiliates, directly or indirectly, engage in the Packaged Gas Business in the United States for a period of five (5) years from the Closing Date (the "Non-Competition Period").

  • Schedule 5.19(a) lists, by dollar volume paid for the twelve (12) months ended on September 30, 2001, each of the customers of the Packaged Gas Business that accounted for more than 2% of the Seller's revenues from the Packaged Gas Business during such period.

  • In order that NWS may have and enjoy the full benefit of that portion of the Packaged Gas Business it is purchasing, the Seller hereby agrees that, except as otherwise provided or contemplated in any of the Enabling Agreements, it will not, nor will any of its Affiliates, directly or indirectly, engage in the Packaged Gas Business in North Carolina, South Carolina or that portion of Virginia as outlined in Schedule 7.4 (collectively, the "Carolina Territory") for the Non-Competition Period.

  • The Seller owns at least 95% of the total number of cylinders referenced in Schedule 5.5. Except as set forth on Schedule 5.5 and except for Permitted Liens, the Seller has good title to all the properties and assets, real, personal and fixed, comprising any part of the Purchased Assets, free and clear of all Liens or has a license to use such properties and assets, real, personal and fixed, comprising any part of the Purchased Assets for the benefit of the Packaged Gas Business.

  • If the Company receives consideration, part or all of which consists of publicly traded securities (i.e., in lieu of cash), ---- the value of such non-cash consideration shall be the aggregate market value of such securities (based on the latest reported trades) as of the close of the day immediately preceding the date of their receipt by the Company.

  • In the event that the Seller has the right to exercise any right of first refusal relating to the Packaged Gas Business that is not included in the Purchased Assets, and the Seller has determined that it does not wish to exercise such right, the Seller shall consult with the applicable Purchaser.

  • The Purchasers will fully cooperate with the Seller with respect to the Seller's preparation of the statements referred to in Section 3.2, and will give the Seller, its employees, representatives and agents access to such books and records of the Packaged Gas Business and the assistance of such Packaged Gas Business personnel as the Seller reasonably requests in connection therewith.

  • Except as set forth in Schedule 5.11 and except with respect to Environmental Laws, Environmental Permits, Environmental Liabilities and any other matters related thereto (which are covered exclusively by Section 5.10), the Seller is in all material respects in compliance with all Laws pertaining to the Packaged Gas Business, the Purchased Assets or the Leased Real Property.


More Definitions of Packaged Gas Business

Packaged Gas Business means Bravo’s business in the United States with respect to (a) the preparing, transfilling, packaging, marketing, distribution, sale and supply (and in the case of acetylene, also the manufacture) of pressurized industrial gases and specialty gases in pressurized cylinders, (b) the preparing, transfilling, packaging, marketing, distribution, sale and supply of pressurized gas and liquid process chemicals and (c) the distribution, marketing, sale and supply as a reseller, distributor or lessor of equipment (including welding equipment) and materials necessary for or related to the use of packaged gases, in each case as conducted by Bravo as of the Fourth Amendment Effective Date. Notwithstanding the foregoing, the Packaged Gas Business shall not include certain assets agreed upon by Airgas and Bravo.
Packaged Gas Business means the businesses of the Seller and its Affiliates (other than BOC and its controlled Affiliates, except assets and businesses transferred by the Seller or its Affiliates to BOC or its controlled Affiliates), in each case as conducted at, based out of, related to or serviced primarily by the facilities, business and operations located at the Real Property and the Retained Real Property of (a) producing, preparing, transfilling, packaging, marketing, distributing, exporting, selling and supplying industrial, medical and specialty gases in Containers, (b) preparing, transfilling, packaging, marketing, distributing, exporting, selling and supplying process chemicals (in either gas or liquid form) in Containers and (c) distributing, marketing and supplying as a reseller, distributor or lessor, equipment, supplies and materials (including welding equipment, welding consumables, safety equipment and supplies and related products), that, in each case, are necessary for or related to the use of packaged gases, in each case, at the Real Property and the Retained Real Property as currently conducted by the Seller, the Operating Company or their respective Affiliates as of the date hereof; provided, that the “Packaged Gas Business” shall not include the Excluded Businesses or participation by the Seller and its Affiliates in the Industrial Gas Suppliers Alliance; provided, further, that any reference to “process chemicals” in the definition of any “Excluded Business” in this Agreement shall not diminish the rights of the Purchaser to the business described in clause (b) of this definition of “Packaged Gas Business,” to the extent such business comprises part of the Packaged Gas Business (it being understood that process chemicals are a product of both the Packaged Gas Business and the Excluded Businesses).

Related to Packaged Gas Business

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and carbon dioxide and other related energy businesses, including contract drilling and other oilfield services.

  • 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.

  • 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;

  • Subject Business means the policy or policies that are

  • Licensed Business means the activities connected with the conveyance of