SpinCo Permits means all Permits owned or licensed by either Party or any member of its Group primarily used or held for use in the SpinCo Business as of the Effective Time.
SpinCo Permits means all Permits owned or licensed by either Party or member of its Group and exclusively used or exclusively held for use in the SpinCo Business as of the Effective Time.
SpinCo Permits means all Permits in the possession of either Party or member of its Group exclusively used or exclusively held for use in the SpinCo Business as of the Effective Time.
More Definitions of SpinCo Permits
SpinCo Permits has the meaning set forth in the definition of “SpinCo Assets.”
SpinCo Permits means all Permits owned or licensed by YUM, SpinCo or another member of their respective Groups primarily used or primarily held for use in the SpinCo Business as of the Effective Time.
SpinCo Permits means all Permits owned or licensed by either Party or member of its Group primarily used in or primarily held for use in the Spinco Business.
SpinCo Permits means all Permits owned or licensed by either Party or any member of its Group primarily used or primarily held for use in the SpinCo Business as of immediately prior to the Separation Time, for the avoidance of doubt, excluding the SpinCo Product Approvals.
SpinCo Permits means all Governmental Approvals owned or licensed by ParentCo, any ParentCo Subsidiary, SpinCo or any SpinCo Subsidiary primarily used or primarily held for use in the SpinCo Business as of the Effective Time.
SpinCo Permits means, collectively, (a) all Trade Permits held by a Transferred Entity as of immediately prior to the Effective Time, (b) all Healthcare Permits held by either Party or any other member of its Group as of the Effective Time that relate to either (i) products with aggregate global sales revenues for the nine months ended September 30, 2023 that were more than fifty percent (50%) attributable to the SpinCo Business, (ii) products of the SpinCo Business as of the Effective Time with no global sales revenues in the period from January 1, 2023 through the Effective Time, or (iii) products in development by the SpinCo Business as of immediately prior to the Effective Time, (c) (x) all EHS Permits held by either Party or any other member of its Group as of immediately prior to the Effective Time that primarily relate to a SpinCo Real Property and (y) all EHS Permits that are held by or in the name of (in whole or in part) a Transferred Entity as of immediately prior to the Effective Time (to the extent allocated by the terms of such Permit to the SpinCo Group or the SpinCo Business), including the EHS Permits and applications for EHS Permits set forth on Schedule 1.1(r), and (d) all Permits (other than Trade Permits, Healthcare Permits obtained prior to January 1, 2023 or EHS Permits) that are held by a Transferred Entity as of immediately prior to the Effective Time.
SpinCo Permits shall have the meaning set forth in Section 6.7(b).