Tech Business definition
Examples of Tech Business in a sentence
The Parties shall use the procedures set forth in Article VI to resolve any disputes as to whether any information relates solely to the Tech Business, solely to the Fuels Business, or to both the Tech Business and the Fuels Business.
Tech shall prepare and file (or cause a Tech Entity to prepare and file) all (i) Single Business Tax Returns relating to the Tech Business and (ii) all Mixed Business Tax Returns, and shall pay (or cause such Tech Entity to pay) all Taxes shown to be due and payable on such Tax Returns.
Tech shall, in its sole discretion, be permitted to amend (or cause or permit to be amended) any Single Business Tax Return relating to the Tech Business.
Such prepayment of the Notes shall be made pursuant to a written offer of prepayment at a price equal to 100% of the principal amount to be prepaid (at par) plus accrued interest to the date of prepayment, and as otherwise more fully set forth in Section 9.14(d) below; provided that the Tech Business Sale shall be governed by and subject to Section 9.13.
Except as set forth in Schedule 4.23, Pool Tech has no liabilities that have not been satisfied (and to the knowledge of Pool Tech, there is no basis for any present or future action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand against Pool Tech giving rise to any liability) arising out of any injury to individuals or property as a result of any defective product sold, distributed or delivered by Pool Tech and relating to the Pool Tech Business.
The training will be done by way of lectures, as well as interaction with mentors and experts provided by Tech Business Centre and partners.
The Parent Guarantor shall not, at any time, permit the aggregate undrawn revolving credit commitments available for borrowing under the 2013 Revolving Credit Agreement and the 2015 Revolving Credit Agreement (“Minimum Availability”) at such time to be less than (a) during the period commencing on the Fifth Amendment Effective Date through the earlier of (i) the date on which the Tech Business Sale is consummated, and (ii) February 28, 2018, $150,000,000, and (b) at all times thereafter, $250,000,000.
Acquisition Corp and Pool Tech shall allow RP to use its computer system for operation of the Pool Tech Business for up to six months after the Closing Date and during such time, agrees to provide RP with all necessary and reasonable technical support and assistance in the normal course of business so that the RP Business’ computer system shall operate consistent with past practices and efficiencies.
During 2004, Pool Tech has not entered into or made any contract or commitment for the purchase of raw materials or other merchandise in connection with the Pool Tech Business, other than in the ordinary course of business consistent with past practices.
Except as set forth in Schedule 4.22, during 2004, there has not been (i) any material adverse change in the business relationship of the Pool Tech Business with any supplier or customer named in Schedule 4.22 or (ii) any change in any material term (including credit terms) of the supply agreements or related arrangements with any such supplier or customer.