PM USA definition

PM USA as defined in the preamble to the Agreement. Projects: projects, research initiatives, technologies and research and development support activities in which PMI and PM USA or their Affiliates have collaborated under a Cost Sharing Agreement or will be collaborating under this Agreement. R&D Agreement: the Research and Development Agreement between Xxxxxx Xxxxxx Products S.A., a wholly-owned Subsidiary of PMI, and PM USA (f/k/a Xxxxxx Xxxxxx Incorporated), dated as of January 1, 2002, as extended by the Extension Agreement, dated as of November 15, 2006. Receiving Party: as defined in Section 7.03(b) hereof. Representative: with respect to any Person, any of such Person’s directors, officers, employees, agents, consultants, advisors, accountants, attorneys and representatives. Rules: as defined in Section 9.04 hereof. Severable: characterization of an Independent Invention that can be exploited commercially without Jointly Funded IP. Subsidiary: with respect to any specified Person, any corporation or other legal or other entity of which such Person controls or owns, directly or indirectly, more than 50% of the stock or other equity interest entitled to vote on the election of members to the board of directors or similar governing body.

PM USA has the meaning set forth in the preamble to this Agreement.

PM USA as defined in the preamble to the Agreement. PM USA Group: PM USA and the Subsidiaries of PM USA. PM USA Group Liabilities: except as otherwise specifically provided in any Other Agreements, all Liabilities, whether arising before, at or after the Distribution Date arising from the conduct of, in connection with or in any way relating to, in whole or in part, the business and operations of the PM USA Group or the ownership or use of assets or property in connection therewith. Notwithstanding the foregoing, “PM USA Group Liabilities” shall exclude Tobacco Product Claims and Brand Integrity Claims.

Examples of PM USA in a sentence

• Litigation escrow deposits, as discussed below and in Note 19, are also excluded from the table above since these deposits will be returned to PM USA should it prevail on appeal.

• Also, does not include nine individual smoking and health cases brought against certain retailers that are indemnitees of PM USA.

• Restricted cash consisted of cash deposits collateralizing appeal bonds posted by PM USA to obtain stays of judgments pending appeals.

• We have also examined the originals, or copies certified to our satisfaction, of such corporate records of PM USA, certificates of public officials and of officers of PM USA, and agreements, instruments and other documents, as we have deemed relevant and necessary as a basis for the opinions expressed below.

• Altria and its tobacco businesses are also subject to federal, state and local government regulation, including broad-based regulation of PM USA and USSTC by the FDA.

• As to questions of fact material to such opinions, we have, when relevant facts were not independently established by us, relied upon the representations of PM USA set forth in the Guarantee and upon certificates of PM USA or its officers or of public officials.

• Whenever the phrase “to our knowledge” is used herein, it refers to the actual knowledge of the attorneys of the firm involved in the representation of PM USA in connection with the Guarantee, without independent investigation.

• Verdicts in favor of PM USA and other defendants were returned in 28 of the 45 cases.

• Altria and its tobacco businesses are also subject to federal, state and local government regulation, including broad-based regulation of PM USA and USSTC by FDA.

• Xxxxx Xxxxx Xxxxx Xxxxxxxxxx, XX 00000-0000 c/o Corporate Secretary If to PMI: c/o Xxxxxx Xxxxxx International Management SA Xxxxxx xx Xxxx 000 0000 Xxxxxxxx, Xxxxxxxxxxx c/o General Counsel If to PM USA: Xxxxxx Xxxxxx USA 0000 Xxxxx Xxxxxx Xxxxxxxx, Xxxxxxxx 00000 c/o General Counsel or to such other address as any party hereto may have furnished to the other parties by a notice in writing in accordance with this Section 9.05.