definiens: means all Laws intended to control or regulate th e construction, demolition, alterationor use of land or buildings or to preserve or prote ct national heritage ; means a rate per annum equal to Twelve Month LIBO R plus 2 % ( two percent ), as set by the BritishBankers Association ; means any Laws related to the manufacture, resear ch, sales, marketing, development or distributionof the products of the Business, including the Drug s and Cosmetics Act, 1940 and the Drugs and Cosmeti cs Rules,1945, the Standard Weights and Measures Act, 1976 a nd Bureau of Indian Standards Act, 1986 ( or similar Laws inother countries ) ; means all land and all buildings and other struct ures, facilities or Improvements located thereon, capital work in progress and all easements, license s, rights and appurtenances relating to the foregoi ng ; means the authorizations, approvals, licenses, pe rmits, certificates, or exemptions issued by anyGovernmental Authority ( including investigational n ew drug applications ( INDs ), new drug applications ( NDAs),supplemental new drug applications, abbreviated new drug applications ( ANDAs ), pre - market approval app lications,510(k ) notifications, pre - market notifications, inv estigational device exemptions, product recertifica tions, manufacturing approvals and authorizations, the Eur opean Union Conformity Marketing ( CE Marks ) issued by theEuropean Notified Body, pricing and reimbursement a pprovals, labeling approvals or their foreign equiv alent ) heldby the Seller or its Affiliates immediately prior t o the Closing that are ( i ) specific to Persons enga ged in the businessof developing, manufacturing, marketing or selling penem API ( including carbapenems API ) and penicilli n API, including the Rempex Combination API, for use in ph armaceutical products and ( ii ) required for the res earch, development, clinical testing, manufacture, sale, m arketing, distribution, storing, transportation, i m portation, exportation or use of the products of the Business ; shall bear the meaning assigned to the term in th e Act ; in relation to a Person includes : ( a ) any compan y under the same management ( as defined bySection 370(1B ) of the Act ) of such Person ; ( b ) any Controlling shareholder of such Person, ( c ) any di rector of suchPerson, ( d ) any officer of such Person, ( e ) any Per son in which any Controlling shareholder, director or officer of suchPerson has any interest, other than a passive share holding of less than 5 % ( five percent ) in a publicl y listed company,(f ) any firm or unlisted company in which such Pers on, is a partner, Controlling shareholder or direct or, and ( g ) anyother Affiliate of such Person or of a Controlling shareholder or director of such Affiliate ; means the product set forth on Schedule 1.1(b ) ; means the buildings and associated Real Property in which the Seller or any ofits Affiliates holds freehold title located within Plot No . 476/14, Old Magabalipuram Road, Shozhangan allur, Chennai 600 119, Tamil Nadu, India, other than the 16 CONFIDENTIAL TREATMENT [ * * * ] Indicates that text has been omitted which is the s ubject of a confidential treatment request . This te xt has beenseparately filed with the SEC