Ultra Business definition

Ultra Business shall have the meaning set forth in the Separation and Distribution Agreement.
Ultra Business means the (i) business of providing IT, operations and maintenance, and mission support related products and services to (A) Federal Government Customers and (B) certain United States state and local government agencies pursuant to Existing Ultra State and Local Contracts, collectively constituting the United States Public Sector segment of Delta and its Subsidiaries (including the Ultra Group) prior to the Effective Time, and (ii) any and all businesses of the Ultra Group after the Effective Time (including any businesses acquired or established by or for Ultra or any of its Subsidiaries after the Effective Time).
Ultra Business is defined in the Separation and Distribution Agreement.

Examples of Ultra Business in a sentence

  • At the conclusion of any Proceeding relating to Other Taxes, Delta and Ultra shall reasonably cooperate with one another in a timely manner to determine the amount of any Other Taxes payable by Delta that are attributable to the Ultra Business (and vice-versa) and Ultra or Delta, as the case may be, shall pay such amount of Other Taxes imposed with respect to the Ultra Business or the Delta Business, as applicable, to Delta or Ultra, respectively.

  • To the extent any Delta Legacy Products are, as of the date of this Agreement, used by Ultra in the conduct of the Ultra Business, Ultra shall have the right to use such Delta Legacy Products only in accordance with the Commercial License Agreement.

  • Such Enumerated Stockholder and its advisors, if any, have been afforded the opportunity to ask questions of, and such Enumerated Stockholder and its advisors have received answers thereto satisfactory to such Enumerated Stockholder from, Delta and the Ultra Entities relating to the Ultra Business.

  • Such Enumerated Stockholder understands that nothing in this Agreement or any other materials presented by or on behalf of Delta, with respect to the Ultra Business or the Ultra Entities to such Enumerated Stockholder in connection with the acquisition of Ultra Common Stock constitutes legal, tax, accounting or investment advice.

  • An Ultra Contracting Entity is party to each Government Contract and Government Bid related to the Ultra Business.

  • Such Enumerated Stockholder and its advisors, if any, have been furnished with all materials relating to the Ultra Business and the Ultra Entities and materials relating to the issuance of Ultra Common Stock that have been requested by such Enumerated Stockholder.

  • Delta and its Subsidiaries have all requisite corporate or limited liability power and authority to own, lease and operate their properties and assets that will be contributed to the Ultra Entities pursuant to the Distribution Agreement and to carry on the Ultra Business as it is now being conducted.

  • To the extent any Delta Legacy Products are, as of the date of this Agreement, used by Ultra in the conduct of the Ultra Business and Ultra desires to continue using such Delta Legacy Products or the Intellectual Property embodied therein, Ultra shall so inform Delta and the Parties shall subsequently negotiate in good faith the terms and conditions of a license agreement permitting such use by Ultra on commercially reasonable arms’ length terms.

  • Delta directly and indirectly through its Subsidiaries is engaged in the Ultra Business (as such term, and each other capitalized term used herein and not defined, is defined in Article 1 and Section 12.12).

  • Each Ultra Group Employee has been primarily dedicated to providing services to or supporting, or is reasonably necessary to the operation of, the Ultra Business.


More Definitions of Ultra Business

Ultra Business shall have the meaning set forth in the Distribution Agreement.

Related to Ultra Business

  • 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.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

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

  • 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;

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

  • Subject Business means the policy or policies that are

  • 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.

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

  • 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 –

  • Micro Business means a company which either:

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • 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;

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

  • Retained Businesses means all businesses, operations and activities directly or indirectly conducted or formerly conducted by the Seller Group other than the Business (including all businesses, operations and activities related to any dealerships sold or disposed of prior to the date hereof).

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

  • Minority Business means a business:

  • Licensed Business means the activities connected with the conveyance of

  • 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.

  • 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;

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

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

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

  • Separate Business means each of the activities of the Licensee connected

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;