PDQ Business definition
PDQ Business means the activities of the Company as of the date hereof relating to the research, development, manufacturing, marketing, distribution, sale, import and export, within Brazil, of plant and animal nutrients, fertilizers and/or other substances, which are registered by the Company as of the date hereof with MAPA (Brazilian Ministry of Agriculture, Livestock and Food Supply – Ministério da Agricultura, Agropecuária e Desenvolvimento), used in agriculture and livestock raising industries, as well as the development, research, manufacturing, marketing, distribution, sale, import and export, of caustic soda, chlorine and chlorine derivatives, and water treatment products and services.
Examples of PDQ Business in a sentence
As from the effective transfer of the shares of the Company to the Investor pursuant to the Exit Put Option or the Exit Call Option, as the case may be, the Majority Block Shareholders shall not, and shall procure that none of their respective Affiliates shall, for a period of five (5) years following the date of the effective transfer of shares, directly or indirectly, engage in any business competing with the PDQ Business.