Vontier Business definition

Vontier Business shall have the meaning set forth in the Separation Agreement.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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.
Sample 1

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.

  • 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.

  • 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.

  • 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.

  • Vontier will deliver or make available to Fortive a consolidated income statement and balance sheet, or the information required to prepare a consolidated income statement and balance sheet, on a monthly basis for Vontier for such period in the same format and manner, with the same detail, and in the same timeframe, as the Vontier Business delivered or made available such information to Fortive prior to the Effective Date (such practices, the “Financial Delivery Practices”).

  • 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.

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 means business of the Licensee other than the Licensed Business;

  • Similar Business means any business conducted or proposed to be conducted by the Issuer and its Restricted Subsidiaries on the Issue Date or any business that is similar, reasonably related, incidental or ancillary thereto.

  • 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 Borrower and its Subsidiaries as of the Closing Date and any business reasonably related or incidental 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:

  • 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 6.7(a).

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.