Tyco Merger definition

Tyco Merger means the merger of an indirect subsidiary of Tyco International, plc with and into Old Xxxxxxx Controls effected on September 2, 2016.

Tyco Merger means the merger of an indirect subsidiary of Tyco International, plc with and into Old Xxxxxxx Controls effected on September 2, 2016. “Unrestricted Inversion Status” means, with respect to the Tyco Merger, the fail- ure of the ownership threshold of Section 7874(a)(2)(B)(ii) of the Code to be met. “Unqualified Tax Opinion” means an unqualified opinion of a Tax Advisor on which Xxxxxxx Controls may rely to the effect that a transaction will not adversely affect (i) the

Tyco Merger means the merger of an indirect subsidiary of Tyco International, plc with and into Old Johnson Controls effected on September 2,2016.

Examples of Tyco Merger in a sentence

• Upon completion of the merger, Tyco Merger Sub will merge with and into ADC.

• Defendants Tyco and Tyco Merger Sub obtained and will obtain both direct and indirect benefits from colluding in or aiding and abetting the Individual Defendants’ breaches.

• Defendant Tyco Merger Sub is a Minnesota corporation and a wholly owned subsidiary of Tyco.

• Defendants Tyco and Tyco Merger Sub colluded in or aided and abetted the Individual Defendants’ breaches of fiduciary duties, and were active and knowing participants in the Individual Defendants’ breaches of fiduciary duties owed to Plaintiff and the members of the Class.

• Defendants Tyco and Tyco Merger Sub will benefit, inter alia, from the acquisition of the Company at an inadequate and unfair price if the Proposed Acquisition is consummated.

• The following schedules present changes in consolidated equity attributable to Johnson Controls and noncontrolling interests (in millions, net of tax): The equity attributable to Johnson Controls International plc increased by $15.8 billion as a result of the Tyco Merger.

• Defendants Tyco and Tyco Merger Sub participated in, the breach of the fiduciary duties by the Individual Defendants for the purpose of advancing their own interests.

• Interest under this Section 11.2 will accrue each day at [**], or the maximum applicable legal rate, if less, calculated based on the total number of days payment is delinquent.

• Gross profit in the Buildings business included the incremental gross profit related to the JCH joint venture and Tyco Merger, and higher volumes in the Buildings Systems and Service North America segment.

• Under Irish law, dividends may only be paid (and share repurchases and redemptions must generally be funded) out of “distributable reserves.” The creation of distributable reserves was accomplished by way of a capital reduction, which the Irish High Court approved on December 18, 2014 and as acquired in conjunction with the Tyco Merger.