SpinCo shall have the meaning set forth in the Preamble.
SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.
RemainCo shall have the meaning set forth in the Preamble.
SpinCo Separate Return means any Tax Return of or including any member of the Spinco Group (including any consolidated, combined, or unitary return) that does not include any member of the Remainco Group.
Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.
SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”
SpinCo Employee has the meaning set forth in the Employee Matters Agreement.
SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.
SpinCo Assets shall have the meaning set forth in Section 2.2(a).
Welfare Plans shall have the meaning set forth in Section 3.2.4.
SpinCo Liabilities shall have the meaning set forth in Section 2.3(a).
ITT has the meaning given to it in the recitals to this Framework Agreement;
Distribution Time means the time at which the Distribution is effective on the Distribution Date.
Parent Plans has the meaning set forth in Section 6.4(c).
Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.
MPI means the Borrower’s Ministry of Planning and Investment, and any successor thereto.
Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.
NGC means the Nevada Gaming Commission.
PayPal s Buyer Protection program
SpinCo Contracts means the following contracts and agreements to which either Party or any member of its Group is a party or by which it or any member of its Group or any of their respective Assets is bound, whether or not in writing:
SpinCo Indemnitees shall have the meaning set forth in Section 4.3.
SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.
Transferred Employees has the meaning set forth in Section 6.4(a).
Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.
MRO means Medical Review Officer who is a licensed physician certified by the Medical Review Officers Certification Council or U.S. Department of Transportation responsible for receiving and reviewing laboratory results generated by an employer’s drug testing program and evaluating medical explanations for certain drug test results.
SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.