Business means the manufacture and sale of value-added, custom rigid plastic containers for the food, beverage and consumer products markets by the GPC Group and activities ancillary thereto.
Business Day means any day that is not (a) a Saturday, (b) a Sunday, or (c) any other day on which commercial banks are authorized or required by law to be closed in the City of New York.
Change has the meaning set forth in Section 3.1(c).
Commencement Date has the meaning set forth in the preamble.
Confidential Information means any information of a Party, its Affiliates, members, licensors, consultants, service providers, advisors or agents that is confidential or proprietary, however recorded or preserved, whether written or oral. Confidential Information includes trade secrets, pricing data, employee information, customer information, cost information, supplier information, financial and tax matters, third-party contract terms, inventions, know-how, processes, methods, models, technical information, schedules, code, ideas, concepts, data, software and business plans (regardless of whether such information is identified as confidential).
Dispute Negotiations has the meaning set forth in Section 3.3(b).
Fees has the meaning set forth in Section 5.1.
Force Majeure Event has the meaning set forth in Section 10.1.
Governmental Authority means governmental or quasi-governmental entity of any nature (including any governmental agency, branch, department, official, or entity and any court or other tribunal) or (iii) body exercising, or entitled to exercise any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power of any nature, including any arbitral tribunal.
GPC Group means GPC and its direct and indirect subsidiaries.
Indemnified Parties has the meaning set forth in Section 9.1.
Indemnifying Party has the meaning set forth in Section 9.1.
IT License Usage Agreement means the agreement entered into by and between GPC, RGHL, and Rank Group Limited dated as of August 4, 2020, pursuant to which GPC will continue to receive usage rights under certain key information technology license and contractual agreements.
Law means a law, statute, order, ordinance, rule, regulation, judgment, injunction, order, or decree.