“Labor Union” shall have the meaning set forth in Section 3.15.
“Law” shall mean any federal, state, local or foreign law (including common law), code, statute, ordinance, rule, regulation, judgment, order, injunction, decree, arbitration award, legally binding agency requirement, license or permit promulgated, declared or issued by any Governmental Entity.
“Liability” shall mean, with respect to any Person, any liability, debt, deficiency, penalty, assessment, fine, claim or other loss, fee, cost, expense or obligation of such Person whether known or unknown, whether asserted or unasserted, whether determined, determinable or otherwise, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, whether directly incurred or consequential, whether due or to become due and whether or not required under GAAP to be accrued on the financial statements of such Person.
“Liens” shall mean all claims, charges, mortgages, security interests, liens, deeds of trust, encumbrances, easements, rights of first refusal or first offer, options, buy/sell agreements, pledges and equitable interests of any kind or nature whatsoever, whether voluntarily incurred or imposed by or arising under Contract or Law, other than, with respect to securities, transfer restrictions arising under federal and state securities Laws.
“Look-Back-Date” shall have the meaning set forth in Section 3.17(a).
“Majority Other Investors” shall have the meaning ascribed to such term in the Remedy Stockholders’ Agreement.
“Material Remedy Customer” shall mean each of the five (5) largest customers of the Remedy Companies as a whole (measured by consolidated revenue for the periods (x) beginning on January 1, 2017 and ending on December 31, 2017 and (y) beginning on January 1, 2018 and ending on December 31, 2018).
“Material Signify Customer” shall mean each of the five (5) largest customers of the Signify Companies as a whole (measured by consolidated revenue for the periods (x) beginning on January 1, 2017 and ending on December 31, 2017 and (y) beginning on January 1, 2018 and ending on December 31, 2018).
“New Remedy Corp” shall have the meaning set forth in the Recitals.
“New Remedy Corp Charter” shall mean the Amended and Restated Certificate of Incorporation of New Remedy Corp, to be in effect at the Closing, in substantially the form attached as Exhibit C, with such changes, modifications or revisions, if any, as are agreed to prior to Closing by Parent and Remedy Opco (acting following recommendation of such changes, modifications or revisions by the Special Committee).
“New Remedy Option” shall have the meaning set forth in Section 5.6(a).
“NM Fund V” shall mean New Mountain Partners V, L.P., a Delaware limited partnership.
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