SND Business Unit definition

SND Business Unit means all of the business conducted by SND as of the Closing, and conducted after the Closing by the Buyer, but excluding entities and businesses acquired by the Buyer after the Closing, unless the Buyer and the Stockholders' Representative (as defined below) mutually agree by written consent to include such an entity or business acquired by the Buyer.
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Examples of SND Business Unit in a sentence

  • During such period the SND Business Unit shall continue to be operated consistently with its historical practices (since January 1, 1999) unless the Stockholders' Representative and the Buyer's Designee mutually agree otherwise, and for purposes of determining the amount of the Contingent Payment, account for Consulting Revenue (as defined in Schedule II) and Cost of Goods Sold (as defined in Schedule II) as set forth in Schedule II attached hereto.

  • Regarding any contracts and engagements with annual revenues equal to or greater than One hundred thousand dollars ($100,000), the Stockholders' Representative in conjunction with Buyer's designee shall mutually determine such contracts and engagements to enter into on behalf of the SND Business Unit during the Earnout Period.

  • Buyer shall make available to the SND Business Unit funding for capital expenditures consistent with its business operations.