Vontier Business definition

Vontier Business shall have the meaning set forth in the Separation Agreement.
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Vontier Business means the businesses comprising of Fortive’s Industrial Technologies segment (other than Fortive’s Xxxxxxxxx and Dynapar businesses), including the businesses and operations conducted prior to the Effective Time by any member of the Vontier Group and any other businesses or operations conducted primarily through the use of the Vontier Assets, as such businesses are described in the Distribution Disclosure Documents, or established by or for Vontier or any of its Subsidiaries after the Effective Time and shall include the Vontier Former Businesses; provided that, other than any Vontier Former Businesses listed on Schedule 1.1(147), the Vontier Business shall not include any Fortive Former Business.
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Vontier Business means the businesses comprising of Fortive’s Industrial Technologies segment (other than Fortive’s Hengstler and Dynapar businesses), including the businesses and operations conducted prior to the Effective Time by any member of the Vontier Group and any other businesses or operations conducted primarily through the use of the Vontier Assets, as such businesses are described in the Distribution Disclosure Documents, or established by or for Vontier or any of its Subsidiaries after the Effective Time and shall include the Vontier Former Businesses; provided that, other than any Vontier Former Businesses listed on Schedule 1.1(147), the Vontier Business shall not include any Fortive Former Business.
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Examples of Vontier Business in a sentence

  • The Parties agree that upon written request from the other that certain Information relating to the Vontier Business, the Fortive Retained Businesses or the transactions contemplated hereby be retained in connection with an Action, the Parties shall use reasonable efforts to preserve and not to destroy or dispose of such Information without the consent of the requesting Party.

  • From the date of this Agreement until the Effective Time, Fortive and its Subsidiaries shall be entitled to use, retain or otherwise dispose of all cash and cash equivalents generated by the Vontier Business and the Vontier Assets in Fortive’s sole discretion.

  • Without limiting the foregoing, Fortive shall have the right not to complete the Distribution if, at any time prior to the Effective Time, the Fortive Board shall have determined, in its sole discretion, that the Distribution is not in the best interests of Fortive or its stockholders, that a sale or other alternative is in the best interests of Fortive or its stockholders or that it is not advisable at that time for Vontier Business to separate from Fortive.

  • Vontier, on behalf of itself and all other members of the Vontier Group, hereby confirms and agrees to comply with any and all covenants and agreements in the Tax Materials applicable to Vontier or any member of the Vontier Group or the Vontier Business.

  • Subject to the terms and conditions of this Agreement, Fortive hereby grants to Vontier a worldwide, non-exclusive, non-transferable, royalty-free, fully paid-up, perpetual license to use, modify, enhance and improve, the FBS and Fortive Improvements solely for the business purposes of the Vontier Group with respect to the Vontier Business.

  • Neither Fortive nor any member of the Fortive Group will have any obligation to renew any Credit Support Instruments issued on behalf of or in favor of any member of the Vontier Group or the Vontier Business after the expiration of any such Credit Support Instrument.

  • Notwithstanding anything to the contrary set forth herein, Confidential Information of any Party in the possession of and used by the other Party as of the Distribution Date may continue to be used by such Party in possession of the Confidential Information in and only in the operation of the Vontier Business (in the case of the Vontier Group) or the Fortive Retained Business (in the case of the Fortive Group).

  • Using the Vontier Business System and virtual project management tools, our COVID-19 Task Force collaborates to create standard work and processes like temperature checks, daily health attestations and contact tracing drills to keep our employees safe and ensure our customers continue receiving support.

  • Unless required by Law, Vontier will not publicly release any financial or other information which conflicts with the information with respect to any member of the Vontier Group or the Vontier Business that is included in any Fortive Public Filing without Fortive’s prior written consent.

  • Prior to any printing or public release of any Fortive Public Filing, an appropriate executive officer of Vontier will, if requested by Fortive, certify that the information relating to any member of the Vontier Group or the Vontier Business in such Fortive Public Filing is accurate, true, complete and correct in all material respects.

Related to Vontier Business

  • Former Business means any corporation, partnership, entity, division, business unit, business or set of business operations that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (other than solely in connection with the Restructuring), in whole or in part, or the operations, activities or production of which has been discontinued, abandoned, liquidated, completed or otherwise terminated, in whole or in part, in each case, by either Group prior to the Distribution Time.

  • Other Business(es means any business activity we or our Affiliates engage in, other than the licensing of the Hotel.

  • Other Business has the meaning set forth in Section 6.6.

  • Similar Business means (1) any business conducted or proposed to be conducted by the Borrower or any of its Restricted Subsidiaries on the Closing Date, and any reasonable extension thereof, or (2) any business or other activities that are reasonably similar, ancillary, incidental, complementary or related to, or a reasonable extension, development or expansion of, the businesses in which the Borrower and its Restricted Subsidiaries are engaged or propose to be engaged on the Closing Date.

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Business has the meaning set forth in the Recitals.

  • Micro Business means a company which either:

  • Active business operations means all business operations that are not inactive business operations.

  • Primary sector business means an individual, corporation, limited liability company,

  • 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.

  • 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 –

  • 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.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Auto business means the business or occupation of selling, repairing, servicing, storing or parking "autos".

  • Controlled unaffiliated business means a company:

  • Competing Services means to provide, manage, supervise, or consult about (whether as an employee, owner, partner, stockholder, investor, joint venturer, lender, director, manager, officer, employee, consultant, independent contractor, representative or agent, or otherwise) any services that are similar in purpose or function to services you provided to the Company in the two year period preceding the termination of your employment, that might involve the use or disclosure of Confidential Information, or that would involve business opportunities related to Relevant Products.

  • Active Trade or Business means the active conduct (determined in accordance with Section 355(b) of the Code) of the business conducted by the WRECO Group members. For these purposes, members shall include only those members that are part of WRECO’s “separate affiliated group” within the meaning of Section 355(b)(3)(B) of the Code.

  • 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.

  • Enterprise means the Company and any other corporation, constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger to which the Company (or any of its wholly owned subsidiaries) is a party, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, trustee, general partner, managing member, fiduciary, employee or agent.

  • 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;

  • 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;

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

  • Restricted Business has the meaning set forth in Section 6.10(a).