Separation Closing definition

Separation Closing has the meaning given in Section 2.1.
Sample 1Sample 2Sample 3
Separation Closing means the closing of the Separation on the Separation Date.
Sample 1Sample 2Sample 3
Separation Closing means the closing of the Separation on the Separation Date. “Separation Date” has the meaning set forth in Section 4.03.
Sample 1Sample 2Sample 3

Examples of Separation Closing in a sentence

  • It is the responsibility of the Kenvue Group to obtain continuing insurance coverage for the Assets of the Kenvue Group and for the Liabilities of the Kenvue Group accruing after the Separation Closing.

  • This Agreement may be terminated by J&J at any time, in its sole discretion, prior to the Separation Closing.

  • Prior to the Separation Closing, J&J shall, in its sole and absolute discretion, determine all terms of the Separation, including the form, structure and terms of any transactions or offerings to effect the Separation and the timing of and conditions to the consummation thereof.

  • In addition and notwithstanding anything to the contrary set forth below, J&J may at any time and from time to time until the Separation Closing decide to abandon, modify or change any or all of the terms of the Separation, including by accelerating or delaying the timing of the consummation of all or part of the Separation.

  • This Agreement will terminate without further action at any time before the Separation Closing upon termination of the Separation Agreement.

  • Prior to the Separation Closing, the Parties shall terminate all Tax allocation or sharing agreements that are exclusively between one or more members of the Kenvue Group, on the one hand, and one or more members of the J&J Group, on the other hand (other than this Agreement).

  • J&J shall provide, and shall cause the other members of the J&J Group to provide, such cooperation as is reasonably requested by Kenvue in order for Kenvue to have in effect after the Separation Closing such new insurance policies and programs as Kenvue deems reasonably appropriate.

  • Kenvue shall also bear all reasonable and documented one-time costs and expenses, if any, incurred following the Separation Closing by J&J, its Affiliates and Service Providers in order to enable the provision of each Service (“One-Time Costs”).

  • In the event of any termination of this Agreement prior to the Separation Closing, neither Party (nor any of its directors or officers) shall have any Liability or further obligation to the other Party under this Agreement or the Ancillary Agreements.

  • This Agreement shall become effective upon the Separation Closing (as defined in the Separation Agreement) (the “Effective Time”).


More Definitions of Separation Closing

Separation Closing means the consummation of the transactions comprising the Separation as provided in Article II below.
Sample 1Sample 2

Related to Separation Closing

  • Merger Closing means the “Closing” as defined in the Merger Agreement.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Second Closing has the meaning set forth in Section 2.2.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Option Closing Time has the meaning given to it in Section 16(1);

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Time of Closing means 10:00 a.m. (Vancouver time) on the Closing Date, or such other time as the parties may mutually determine;

  • Pre-Closing Period means any Tax period ending on or before the Closing Date.

  • Closing has the meaning set forth in Section 2.2.

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

  • Separation Time means the close of business on the tenth Trading Day after the earlier of:

  • Closing Press Release has the meaning set forth in Section 5.4(b).

  • Separation Transaction means the sale or separation of the non-television business of the Holding Company in whole or in part, whether by asset sale or otherwise.

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • First Effective Time has the meaning specified in Section 2.02.

  • Loan Closing means the date on which an executed Loan Agreement between the Trust and a Borrower is delivered pursuant to this Bond Resolution.

  • First Merger shall have the meaning given in the Recitals hereto.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Second Closing Date means the date of the Second Closing.