Remaining Business definition

Remaining Business means all IAC Businesses other than the Spun Businesses.

Remaining Business means whichever of the Operating Systems Business and the Applications Businesses is not transferred to a separate entity pursuant to the Plan.

Remaining Business means all the undertakings, businesses, activities, investments and their respective assets and liabilities of the Transferor Company other than those forming part of the India Human Formulations Undertaking pursuant to this Scheme.

Examples of Remaining Business in a sentence

• To the extent not already complete, IAC and the Spincos agree to implement the Separation and to cause the Corresponding Businesses of each Spinco to be transferred to such Spinco and its Subsidiaries and the Remaining Business to be held by IAC and its Subsidiaries (other than the Spincos and their Subsidiaries) as of the Effective Time, on the terms and subject to the conditions set forth in this Agreement.

• The Parties acknowledge that the Transaction is intended to result in (a) NewCo directly or indirectly, operating the HomeAdvisor Business, owning the HomeAdvisor Assets and assuming the HomeAdvisor Liabilities, and (b) IAC directly or indirectly (other than through members of the HomeAdvisor Group), operating the Remaining Business, owning the Assets other than the HomeAdvisor Assets and assuming the Liabilities other than the HomeAdvisor Liabilities, as set forth in this Article 2.

• To the extent not already complete, IAC and NewCo agree to implement a separation of the HomeAdvisor Business and the Remaining Business and to cause the HomeAdvisor Business to be transferred to NewCo and the Remaining Business to be held by IAC and its Subsidiaries (other than through members of the HomeAdvisor Group) as of the Contribution Effective Time, on the terms and subject to the conditions set forth in this Agreement (the “Transaction”).

• The Demerged Company shall continue to be liable to perform and discharge all its liabilities and obligations in relation to the Remaining Business of the Demerged Company and the Resulting Company shall not have any liability or obligation in relation to the Remaining Business of the Demerged Company.

• With effect from the Effective Date, only the Demerged Company shall be liable to perform and discharge all liabilities and obligations in relation to the Remaining Business of the Demerged Company and the Resulting Company shall not have any liability or obligation in relation to the Remaining Business of the Demerged Company.

More Definitions of Remaining Business

Remaining Business means all the undertakings, businesses, activities and operations (including all investments) of the Demerged Company other than those comprised in the Demerged Undertaking;

Remaining Business means all businesses of Sellers, Parent or any of their respective Affiliates other than the Business.

Remaining Business means the business of L&T as set out in Recital A(a) above and shall include L&T’s trademarks, trade names, brands, patents, copyrights and all other intellectual property, whether registered or unregistered;

Remaining Business means the undertakings, businesses, activities and operations of JDGPL, if any, excluding the Demerged Undertaking being demerged pursuant to the Scheme;

Remaining Business or “Remaining Undertaking” means all business undertakings of the Demerged Company other than the Demerged Undertaking;

Remaining Business means all other business, divisions, assets and liabilities of the Transferor Company other than the Demerged undertaking existing as on the appointed date or acquired thereafter.

Remaining Business means all businesses of IAC other than the HomeAdvisor Business.