Historic Business Sample Clauses

Historic Business. Following the transaction, Parent shall cause the Company to continue the historic business of the Company or use a significant portion of the Company's historic business assets in a business.
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Historic Business. Following the Reorganization, LVRS will continue its historic business or use a significant portion of its historic business assets in a business.
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Historic Business. Following the Reorganization, TS will continue its historic business or use a significant portion of its historic business assets in a business.
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Historic Business. Following the Reorganization, PTS will continue its historic business or use a significant portion of its historic business assets in a business.
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Historic Business. Parent and Merger Sub will continue the Company’s historic business or will use a significant portion of the Company’s historic business assets in a business within the meaning of Treas. Reg. Sec. 368-1(d).
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Historic Business. The Company operates at least one significant historic business line, or owns at least a significant portion of its historic business assets, in each case within the meaning of Treasury Regulation Section 1.368-1(d).
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Historic Business. Seller represents that the business carried on by Seller is its “historic business” within the meaning of Treasury Regulation Section 1.368-1(d) and no assets of Seller have been sold, transferred or disposed of which would prevent Buyer from using a “significant portion” of Seller’s “historic business assets” in a business following the Acquisition, as such terms are used in Treasury Regulation Section 1.368-1(d). Following the Acquisition, Platinum represents that Buyer will continue the historic Business of Seller or use a significant portion of Seller’s historic assets in a business that is substantially similar to the Business.
Sample 1
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Historic Business. 14 ARTICLE 3
Sample 1
Historic Business. In the Merger, Merger Sub will transfer "substantially all" of its assets (within the meaning of Revenue Procedure 77-37, Section 3.01, 1977-2 C.B. 568) to the Surviving Corporation. AMRE has no plan or intention to (i) cause or permit the Surviving Corporation to issue any additional shares of stock, (ii) reacquire any of the shares of AMRE Common Stock issued in the Merger, (iii) liquidate the Surviving Corporation, (iv) cause or permit the merger of the Surviving Corporation with another corporation, (v) sell or otherwise dispose of the stock of the Surviving Corporation, or (vi) cause or permit the Surviving Corporation to sell or otherwise dispose of any of its assets (except for dispositions of assets made in the ordinary course of business and transfers of assets or shares of the Surviving Corporation's stock permitted by the provisions of Treasury Regulation Section 1.368-2(j)(4). Following the Merger, the Surviving Corporation will continue the Company's and Merger Sub's historic business or use a significant portion of their historic business assets in a business (within the meaning of Treasury Regulation Section 1.368-1(d)).
Sample 1

Related to Historic Business

  • The Business The parties acknowledge that the Company is engaged in the development, marketing and sale of certain proprietary technologies, processes and related products in the areas of chemical detection, technical processes, and technical/business services, and that the Company may also from time to time become or may intend to become engaged in other business endeavors (individually and collectively, the "BUSINESS"). The Company shall be deemed to intend to become engaged in a business endeavor if it has devoted or expended any significant resources, either financial or human resources, towards the proposed endeavor, either in planning or implementing the undertaking of such planned endeavor.

  • Union Business (a) The Hospital shall grant leave of absence without pay to employees to attend Union conventions, seminars, education classes and other Union business in connection with the administration of the collective agreement provided that such leave will not interfere with the efficient operation of the Hospital. Such leave will not be unreasonably denied. In requesting such leave of absence for an employee or employees, the Union must give at least fourteen (14) days clear notice in writing to the Hospital, unless not reasonably possible to give such notice. The cumulative total leave of absence, the number of employees that may be absent at any one time from any one area, and the number of days of absence shall be negotiated locally and are set out in the Local Provisions Appendix. During such leave of absence, the employee's salary and applicable benefits shall be maintained by the Hospital on the basis of what his normal regular hours of work would have been, provided that the Union reimburses the Hospital in the amount of such salary and applicable benefits within thirty (30) days of billing. Notwithstanding the above, time spent by the eight (8) Executive Board members and seven (7) Alternate Executive Board members of the Ontario Council of Hospital Unions to fulfill the duties of the position shall be in addition to leave for Union Business under this clause. Part-time and casual employees will be given full credit for seniority purposes for regularly scheduled hours missed in accordance with this provision.

  • For Union Business Representatives of the Union shall not suffer any loss of pay when required to leave their employment temporarily in order to carry on negotiations with the Employer, or with respect to a grievance.

  • Assumed Business Names Borrower has filed or recorded all documents or filings required by law relating to all assumed business names used by Borrower. Excluding the name of Borrower, the following is a complete list of all assumed business names under which Borrower does business: None.

  • Operation of the Business Between the date of this Agreement and the Closing, Seller shall:

  • Trust Business It and each of its Subsidiaries has properly administered all accounts for which it acts as a fiduciary, including but not limited to, accounts for which it serves as trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the governing documents and applicable laws and regulations. Neither it nor its Subsidiaries, nor has any of their respective directors, officers or employees, committed any breach of trust with respect to any such fiduciary account and the records for each such fiduciary account.

  • Separate Business CAC shall not: (i) fail to maintain separate books, financial statements, accounting records and other corporate documents from those of Funding; (ii) commingle any of its assets or the assets of any of its Affiliates with those of Funding (except to the extent that CAC acts as the Servicer of the Loans); (iii) pay from its own assets any obligation or indebtedness of any kind incurred by Funding (or the Trust); and (iv) directly, or through any of its Affiliates, borrow funds or accept credit or guaranties from Funding.

  • MANAGEMENT OF THE BUSINESS Pursuant to Section 00-00-000 of the Act, and as stated in its Articles, the Company’s day to day affairs are managed by the Member. The Member is responsible for the daily operations of the business.

  • Historically Underutilized Businesses (“HUBs”). In accordance with state law, it is TFC’s policy to assist HUBs whenever possible to participate in providing goods and services to the agency. TFC encourages those parties with whom it contracts for the provision of goods and services to adhere to this same philosophy in selecting subcontractors to assist in fulfilling PSP’s obligations with TFC. If PSP subcontracts with others for some or all of the services to be performed under an Assignment to this Agreement, PSP shall comply with all HUB requirements pursuant to Chapter 2161 of the Texas Government Code. At or prior to the execution of an Assignment with a value that is anticipated to meet or exceed One Hundred Thousand and No/100 Dollars ($100,000.00), PSP must provide a completed HUB Subcontracting Plan, which shall be approved by TFC prior to execution of the Assignment. A copy of the HUB Subcontracting Form is attached hereto and incorporated herein for all purposes as Exhibit G. PSP shall provide the HUB Program of TFC with pertinent details of any participation by a HUB in fulfilling the duties and obligations arising under an Assignment, on the HUB Subcontracting Plan Progress Assessment Report (“PAR”). A copy of the PAR Form is attached hereto and incorporated herein for all purposes as Exhibit H.

  • Operations As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations other than organizational activities and activities in connection with offerings of its securities.

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