Worthington Steel Business definition

Worthington Steel Business has the meaning set forth in the Separation Agreement.
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Worthington Steel Business means (a) New Worthington’s global “Steel Processing” business segment, consisting of processing carbon flat-rolled steel, producing laser welded solutions and providing electrical steel laminations, and (b) without limiting the foregoing clause (a) any terminated, divested or discontinued businesses, Assets or operations that were of such a nature that they would have been part of the Worthington Steel Business (as described in the foregoing clause (a)) had they not been terminated, divested or discontinued (regardless of whether they ever operated under the “Worthington Steel” name);.
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Examples of Worthington Steel Business in a sentence

  • The Parties shall use the procedures set forth in Article IV to resolve any Disputes as to whether any information relates solely to the New Worthington Business, solely to the Worthington Steel Business, or to both the New Worthington Business and the Worthington Steel Business.

  • New Worthington, on behalf of itself and the New Worthington Group, hereby grants to the Worthington Steel Group a perpetual, irrevocable, royalty-free, fully paid up, non-transferrable (except as permitted pursuant to Section 8.1(g)), non-exclusive license to use the Licensed Intellectual Property in connection the Worthington Steel Business.

  • The foregoing license includes the right (i) to make, have made, use, sell, offer for sale, and import products and services, and (ii) to publish, display, reproduce, copy, create derivative works of, enhance, and otherwise exploit such Licensed Intellectual Property, in each case, in connection with the operation of the Worthington Steel Business.

  • All material Governmental Approvals, other than with respect to the Shared Permits, necessary to consummate the Distribution and to permit the operation of the Worthington Business and the Worthington Steel Business after the Effective Time, in each case, substantially as conducted on the date hereof, shall have been obtained and be in full force and effect.

  • This flyer highlights the importance of older women and minority women to the success of WHI.• Include a flyer with photos and quotes, like Figure 6.9. This flyer was created using clip art from the web.

  • The foregoing license shall be sublicensable solely to (a) other members of the Worthington Steel Group and to (b) third party service providers of the Worthington Steel Group to the extent necessary to support the Worthington Steel Group’s operation of the Worthington Steel Business (each, a “Permitted Sublicensee”); provided that such Permitted Sublicensees are subject to written obligations to comply with all applicable terms and conditions of this Agreement.

Related to Worthington Steel Business

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