Associated Business definition

Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

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Associated Business means any business of the Licensee (or of any affiliate or

Associated Business means any business of any affiliate or related undertaking of the Licensee which is carrying out activities consisting of the production, conveyance, storage or supply of gas in any member state of the European Union; “Other Transmission System Operator” means any person responsible for operating, maintaining and/or developing a gas transmission system in another member state of the European Union; and “Regional Cooperation” means the cooperation of transmission system operators at a regional level, in respect of such geographical areas as are defined in accordance with Article 12(3) of Regulation (EC) No. 713/2009 or as otherwise agreed between relevant transmission system operators, in respect of cross-border issues for the purpose of creating a competitive internal market, fostering consistency and facilitatingintegration.

Examples of Associated Business in a sentence

• Nothing in this Agreement shall preclude (A) any such Exempt Person from continuing to be involved with any Associated Business or (B) any such Stockholder or such Exempt Person from operating in the best interests of and satisfying their obligations to such Associated Business, provided that neither such Stockholder nor Exempt Person discloses any Confidential Information in violation of this Section 10(b) or uses Confidential Information in its activities on behalf of the Associated Business.

• From and after the Partial Closing, LifePoint and Purchaser shall use commercially reasonable efforts to complete the acquisition of the Associated Business.

• The company, person or other organisation which enters the Service Agreement with the Company and any Associated Business where appropriate.

• PAS also agrees to pay to Associated Business Partner any pre-approved expenses (by PAS) incurred as part of normal operations of the Associated Business Partner.

• PAS agrees to pay a fee of 10% for any monetary investment which is secured on behalf of PAS by Associated Business Partner and which is duly deposited and cleared by the bank of PAS.

More Definitions of Associated Business

Associated Business means any business or company which directly or indirectly, in whole or in part, is owned by the Licensee, including any subsidiaries or joint ventures; owns the Licensee; or is owned by a company which owns or is owned by the Licensee;

Associated Business means any business, other than the Authorised

Associated Business means any business of any affiliate or related

Associated Business means any business of the Licensee (or of any affiliate or related undertaking of the Licensee) other than a relevant holding company.

Associated Business means an affiliate, related undertaking, or business unit of the transmission business or the ultimate controller of the transmission business. "external transmission activities" means any business of the licensee or any affiliate or related undertaking of the licensee comprising or ancillary to the maintenance, repair or operation in an emergency of any electricity distribution system or any part of the national electricity transmission system other thanthe licensee's transmission system.

Associated Business any associated business identified in the Service Agreement.

Associated Business means any business, other than the Authorised Business, of the Licensee (or of any affiliate or related undertaking of the Licensee) which is carrying out any activity, that requires authorisation in accordance with either Article 6(1) of the Order or section 5(1) of the Act or which is involved in the production or purchase of gas;