Purpose of the Integration Sample Clauses

Purpose of the Integration. The parties have been jointly operating the business in China through Changshu UM Battery Materials Co., Ltd. in the form of a joint venture since January 2018. The parties have now agreed to expand the tie-up to further enhance competitiveness in and outside of Japan in order to achieve the long-term development of the business. To this end, the parties will enhance product development capabilities through synergistic effects and strengthen the management base by streamlining purchasing, production, and sales systems. The parties will also integrate research and development and combine the intellectual assets and technical development capabilities possessed by the two companies. Specifically, the parties will establish the new joint venture company in Japan and transfer the assets of both companies related to the business, including manufacturing sites in Japan, to the new joint venture company. In addition, Changshu UM Battery Materials Co., Ltd. will be a wholly-owned subsidiary of the new joint venture company. MC Ionic Solutions UK, Ltd. (Durham, United Kingdom) and MC Ionic Solutions US, Inc. (Tennessee, United States), which are wholly-owned subsidiaries of Mitsubishi Chemical, will be outside the scope of the integration.
View SourceView Similar (3)
Purpose of the Integration. The purpose of the university integration is to create a new type of university, which no other university has been able to achieve, by taking advantage of the traditions and innovations of both universities. Until now, both universities have led the development of industry and the progress of medicine through the cultivation of human resources who can skillfully apply knowledge and technology related to science, engineering, medicine, and dentistry in a wide range of fields. On the other hand, humanity is facing a variety of challenges such as the deterioration of the global environment, emerging and re-emerging infectious diseases, and an aging society with a declining birthrate, all of which were unimaginable in the past. It has also been pointed out that further unknown problems may occur in the future. Society expects universities to play a greater role in bringing together their knowledge to solve these global issues. Therefore, in order to forge a vibrant future together with society, both corporations will be integrated and a New University established as a center of international excellence in education and research. Under pioneering governance, the integrated corporation and the New University will further acquire external resources, and integrate and utilize the expanded resources at a high level to dramatically enhance the educational and research environment as well as the training environment for students and faculty members. The New University has the following goals: (1) It is essential that both universities continue to strengthen their priority fields and strategic areas that are highly regarded by society. To this end, the New University will respect research that answers fundamental questions, and while academically deepening the traditional science and engineering and medical and dental sciences of both universities, it will create a free-spirited educational and research environment in which researchers can conduct research rooted in their interests. (2) On the other hand, there are limits to what each academic field can do on its own to address diverse social issues, and it is not enough for academic fields and departments to work together. Therefore, the New University will establish a mechanism for collaboration that transcends the boundaries of fields and departments. In other words, it will combine the wisdom of science and engineering and medicine and dentistry, which are the strengths of both universities, respectively. It will...
View Source
Purpose of the Integration. The business conditions surrounding the ABS resin business are becoming increasingly challenging both in and outside of Japan. The purpose of the integration is to optimize operations, enhance manufacturing efficiencies, and secure cost competitiveness for the ABS resin business, in order to secure the stable supply of products in Japan and expand sales in global markets.
View Source

Related to Purpose of the Integration

  • Purpose of the Plan The Plan is intended to increase incentives and to encourage Share ownership on the part of (1) employees of the Company and its Affiliates, (2) consultants who provide significant services to the Company and its Affiliates, and (3) directors of the Company who are employees of neither the Company nor any Affiliate. The Plan also is intended to further the growth and profitability of the Company. The Plan is intended to permit the grant of Awards that qualify as performance-based compensation under section 162(m) of the Code.

  • PURPOSE OF THE AGREEMENT ‌ The purpose of this Agreement is to authorize PDL NPDL to charter space to PFLG in the Trade (as hereinafter defined).

  • Purpose of Use The Executive agrees that he will use Confidential Information only for purposes authorized or directed by the Company.

  • Purpose of DPA The purpose of this DPA is to describe the duties and responsibilities to protect Student Data including compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time. In performing these services, the Provider shall be considered a School Official with a legitimate educational interest, and performing services otherwise provided by the LEA. Provider shall be under the direct control and supervision of the LEA, with respect to its use of Student Data

  • PURPOSE OF THE CONTRACT DSHS agrees to purchase, and Contractor agrees to provide, services or goods to the eligible populations.