SpinCo Parties definition

SpinCo Parties shall have the meaning specified in the Preamble.
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SpinCo Parties means SpinCo and YCCL.
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SpinCo Parties mean, each individually and collectively, Tyco Healthcare and Tyco Electronics.
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Examples of SpinCo Parties in a sentence

  • All obligations of the SpinCo Parties under this Agreement are joint and several obligations of SpinCo and YCCL.

  • Notwithstanding any provision to the contrary, this Agreement and all Ancillary Agreements may be terminated and the Distribution may be amended, modified or abandoned at any time prior to the Effective Time by YUM, in its sole and absolute discretion, without the approval or consent of any other Person, including either of the SpinCo Parties.

  • In any Mixed Action, each of YUM and the SpinCo Parties may pursue separate defenses, claims, counterclaims or settlements to those claims relating to the YUM Business or the SpinCo Business, respectively; provided that each Party shall in good faith make all reasonable efforts to avoid adverse effects on any other Party.

  • YUM and SpinCo will prepare, and SpinCo will, to the extent required under applicable Law, file with the SEC any such documentation and any requisite no-action letters that YUM determines are necessary or desirable to effectuate the Distribution, and YUM and the SpinCo Parties shall each use their respective reasonable best efforts to obtain all necessary approvals from the SEC with respect thereto as soon as practicable.

  • In connection with the Separation and prior to the Effective Time, YUM and the SpinCo Parties shall cooperate with respect to and undertake such financing transactions (which may also include the transfer of cash between the YUM Group and the SpinCo Group) as YUM determines to be advisable.


More Definitions of SpinCo Parties

SpinCo Parties mean, each individually and collectively, Water and Defense.
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SpinCo Parties has the meaning set forth in the recitals;
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SpinCo Parties means the parties listed in clause (iii) of the definition of Affiliate, as well as any Subsidiaries of SpinCo formed or acquired after the date hereof.
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SpinCo Parties has the meaning set forth in the Separation and Distribution Agreement.
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SpinCo Parties shall have the meaning set forth in Section 1(q). (tt) “Subsidiary” of any Person means any corporation, limited liability company, partnership, joint venture, bank, trust or other entity of which a majority of the voting power of the voting equity securities or equity interests is owned, directly or indirectly, by such Person. (uu) “Trading Day” shall have the meaning set forth in Section 11(d)(ii). Section 2.
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SpinCo Parties means, collectively, Spinco, Telco and VT LLC.
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SpinCo Parties has the meaning set forth in the preamble to this Agreement.
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