SSI Business definition

SSI Business shall have the meaning given in the General Assignment and Assumption Agreement between LSI Logic and SSI effective as of December 31, 2003 (as may be amended from time to time).
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SSI Business has the meaning set forth in the Intellectual Property Agreement.
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SSI Business has the meaning set forth in the Separation Agreement.
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Examples of SSI Business in a sentence

  • Notwithstanding the foregoing, if such Assets (or the benefits thereof) are available for use in the SSI Business, then such Assets shall still be considered SSI Assets for purposes of determining whether any Liability is an SSI Liability.

  • LSI Logic also acknowledges that the limitations of time, geography and scope of activity agreed to in Section 5.1 are reasonable because, among other things (A) LSI Logic and SSI are engaged in highly competitive industries, and (B) LSI Logic has had unique access to the trade secrets and know-how of the SSI Business, including plans and strategy of the SSI Business.

  • VASCO or its representative has had an adequate opportunity to ask questions and receive answers from the officers of SSI concerning any and all matters relating to the Contemplated Transactions including, without limitation, the background and experience of the current and proposed officers and directors of SSI, the plans for the operations of the business of SSI, the business, operations and financial condition of SSI, the SSI Business Plan and any plans for additional acquisitions and the like.

  • SSI Balance Sheet" means the audited consolidated balance sheet (including the notes thereto) of the SSI Business as of December 31, 2003.

  • To the Knowledge of Seller, there are no facts or circumstances that are likely to result in the loss of any customer of Seller relating to the SSI Business or a material change in the relationship of Seller with such a customer.

  • SSI and LSI Logic acknowledge (i) that the goodwill associated with the existing SSI Business and the assets of the SSI Business prior to the Separation are an integral component of the value of the SSI Business, and that such value is reflected in the consideration and terms of the Separation Agreement and Ancillary Agreements; and (ii) that LSI Logic’s agreement as set forth in Sections 5.1 and 5.2 is necessary to preserve the value of the assets and SSI Business for SSI following the Separation.

  • Since December 31, 2005, there has not been any material adverse change in the business, operations, properties, assets, or financial condition of Seller or the SSI Business, and no event has occurred or circumstance exists that may result in such a material adverse change.

  • Except as set forth on Section 3.8 of the Disclosure Schedule, none of the buildings, vehicles and equipment not transferred to Buyer in accordance with this Agreement or leased to Buyer in accordance with the Operating Agreement/Lease is necessary to the continued and future conduct of the SSI Business as currently conducted.

  • Except as set forth on Section 3.7 of the Disclosure Schedule, Seller owns all the properties and assets used in connection with the SSI Business.

  • SSI Business Plan..............................................18 4.14.


More Definitions of SSI Business

SSI Business means the business being conducted by SSI as of the Separation Date, of designing, manufacturing, selling and supporting storage systems and subsystems, including the SSI Products and related services and operations, and including the development and other activities in which substantial resources have been invested as of the Separation Date. "SSI Business" shall not include (a) the processes relating to or products resulting from designing, simulating, testing, packaging or fabricating integrated circuits, or (b) the business of designing, manufacturing, selling and supporting storage components.
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SSI Business has the meaning set forth in the recitals.
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SSI Business drivers’ training for security and law enforcement purposes, including for the purposes of evading terrorist and criminal threats (both on road and off road) and tactical firearms training.
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Related to SSI Business

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

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

  • Company Business means the business of the Company as presently conducted.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Micro Business means a company which either:

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Excluded Business has the meaning set forth in Section 6.10.

  • Licensed Business means the activities connected with the conveyance of

  • Retained Businesses means all businesses now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Minority Business means a business:

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Trust business means the business of acting as trustee, executor or administrator;

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.