Planned Business definition

Planned Business means a business: (i) that the Participant is aware that AB plans to enter within six months after the Participant’s last date of employment, (ii) that is material to the AB entity or business unit that plans to enter such business, and (iii) in which such AB entity or business unit has invested material resources (including time of senior management) in preparation for launch.

Planned Business means a business: (i) that the Participant is aware that AllianceBernstein plans to enter within six months after the Participant’s last date of employment, (ii) that is material to the AllianceBernstein entity or business unit that plans to enter such business, and (iii) in which such AllianceBernstein entity or business unit has invested material resources (including time of senior management) in preparation for launch.

Examples of Planned Business in a sentence

• Petitioner has requested that the Tract be zoned as Planned Business and Enterprise District if the Tract is annexed into the Town.

• The parties recognize and understand that the Town’s Planned Business and Enterprise District regulations require Petitioner to submit, and the Town Council to approve, a Site Development Plan for the Project in conjunction with the annexation of the Tract.

• The Town neither agrees nor commits to zone the Tract as Planned Business and Enterprise District but will consider the District as part of the evaluation of the annexation.

• Petitioner has submitted, and has since modified, an application for designation of the Tract as Planned Business along with a proposed Site Development Plan.

• The design and location of buildings, other improvements, and amenities in the Project shall conform to Planned Business Park and Enterprise District Design Guideline in effect from time to time.

• The Planned Business and Enterprise District is the classification in the Town’s zoning ordinance that will allow the development of the Project as contemplated by this Agreement.