Eligible Business. As of the Closing Date, the Borrower is an Eligible Business. The Borrower possesses all necessary certificates, franchises, licenses, permits, rights, designations, authorizations, exemptions, concessions, frequencies and consents which relate to the conduct of its business and operations as currently conducted, except where failure to do so, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. ANNEX B
Eligible Business. “Eligible Business” for the Program generally includes premium and losses from personal lines of business, provided that premium and losses from the following are not considered “Eligible Business”:
Eligible Business. The Borrower is an Eligible Business. The Borrower possesses all necessary certificates, franchises, licenses, permits, rights, designations, authorizations, exemptions, concessions, frequencies and consents which relate to the conduct of its business and operations as currently conducted, except where failure to do so, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. The Borrower holds a repair station certificate issued pursuant to 14 C.F.R. Part 145. ANNEX B
Eligible Business. A business that employs at least two but not more than 50 eligible employees, the majority of whom are employed in the State of Maine, including a municipality that has 50 or fewer employees.
Eligible Business. The Borrower is an Eligible Business and, during the time period from April 1, 2019 to September 30, 2019, derived more than 50% of its air transportation revenue from the transportation of property or mail, or both. The Borrower possesses all necessary certificates, franchises, licenses, permits, rights, designations, authorizations, exemptions, concessions, frequencies and consents which relate to the operation of the routes flown by it and the conduct of its business and operations as currently conducted, except where failure to do so, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. The Borrower holds an air carrier operating certificate issued pursuant to Chapter 447 of Title 49. ANNEX B
Eligible Business. The types of business that we write in Travelers Business Divisions on Exhibit A, subject to the exclusions therein.
