Borrower Business definition

Borrower Business means certain of QUALCOMM's joint venture and equity interests in terrestrial-based wireless telecommunications operating companies, together with certain other assets and related liabilities, including significant funding obligations, to be transferred from QUALCOMM to Borrower, all as more fully described in the Separation and Distribution Agreement.
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Borrower Business means, a curated social media website business.
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Borrower Business means the business engaged in by Borrower and the Borrower Subsidiaries, which is comprised of mineral exploration, mine development and land purchase and related business and business activities incidental thereto, including, but not limited to, the SWVP-018512 - 4 - 79351-0004/LEGAL23242297.11 establishment of a captive insurance business which Borrower may, directly or through any Borrower Subsidiary, establish for purposes of funding any environmental, reclamation or other related or similar liabilities incurred in connection with the Project.
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Examples of Borrower Business in a sentence

  • No Licenses other than those listed in Schedule 7.15 are required in order for the Borrower and its Subsidiaries to install, exploit and operate the Network and to engage in the Telecommunications Business as it is currently conducted by them, and as contemplated by the Borrower Business Plan.

  • All Governmental Approvals that are required by the Borrower, its Subsidiaries or IMPSAT in connection with the business, operations and activities of the Borrower and its Subsidiaries as now conducted or as contemplated by the Borrower Business Plan have been obtained.

  • In the event of default by the Borrower, Business is authorized to immediately disburse from the deposit all sums then due Business or any third party.

  • Administrative Agent shall have received evidence satisfactory to Lenders that the Distribution has been consummated, the Borrower Business has been transferred to Borrower and the other transactions described in the Information Statement as occurring in connection with the Distribution have occurred, and that there exist no material defaults under any of the Specified Agreements.

  • All financial books and records of the Borrower are located at the Borrower Business Premises.

  • The Borrower does not own, lease, sublease, occupy, use or operate any real property or improvements other than the Borrower Business Premises.

  • Change, or suffer or permit to be changed, the location of the Borrower Chief Executive Office or the location of the Borrower's books and records, or have or maintain, other than the Borrower Business Premises, any business, office or storage location unless the Lender shall have received 60 days prior written notice of the new location.

  • The Strategic Alternative Review shall include a comprehensive review that shall set forth specific strategic alternatives to those set forth in the Borrower Business Plan that will result in a significant reduction in the amount of Indebtedness outstanding by the Companies by the end of Borrower's fiscal year ending on or about August 31, 2002.

  • All Governmental Approvals (other than the Applicable Permits) that are required by the Borrower or any other party to the Financing Documents in connection with the business, operations and activities of the Borrower and its Subsidiaries as now conducted or as contemplated by the Borrower Business Plan have been obtained.

  • These increases were partially offset by the acquisition of Wilmot for $20.2 million during the six months ended January 31, 2016.


More Definitions of Borrower Business

Borrower Business has the meaning specified in Section 6.1(y).
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Borrower Business means any business in which the Borrower or any Restricted Subsidiary was engaged on the Effective Date, or any business related or ancillary to any business or industry in which the Borrower or any Restricted Subsidiary was engaged on the Effective Date.
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Borrower Business means the business of industrial hemp origination, toll processing, sales, marketing, commodities, co-products management, and related products and services. Borrower Disclosure Schedule shall mean the disclosure schedule set forth in Schedule 3.1.
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Related to Borrower Business

  • Other Business(es means any business activity we or our Affiliates engage in, other than the licensing of the Hotel.

  • Former Business means any corporation, partnership, entity, division, business unit, business or set of business operations that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (other than solely in connection with the Restructuring), in whole or in part, or the operations, activities or production of which has been discontinued, abandoned, liquidated, completed or otherwise terminated, in whole or in part, in each case, by either Group prior to the Distribution Time.

  • Business has the meaning set forth in the Recitals.

  • Other Business means business of the Licensee other than the Licensed Business;

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Borrower Group means the Borrower and each of its Subsidiaries.

  • Micro Business means a company which either:

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Parent Borrower as defined in the preamble hereto.

  • Minority Business means a business:

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Borrower Affiliate shall have the meaning set forth in the Lead Securitization Servicing Agreement; provided that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer to a “Borrower Affiliate” as defined in the related Non-Lead Securitization Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Borrower as defined in the preamble hereto.

  • Qualified business means an eligible business that:

  • Regulated Subsidiary means any Subsidiary that is (a) a Broker-Dealer Subsidiary, (b) otherwise subject to regulation by any Governmental Authority and for which the incurrence of Indebtedness (including Guarantees) or the granting of Liens with respect to its assets would be prohibited or restricted or would result in a negative impact on any minimum capital or similar requirement imposed by such Governmental Authority and applicable to it or (c) subject to regulation by any Regulatory Supervising Organization.

  • Finance Subsidiary means a wholly owned subsidiary that is formed for the purpose of borrowing funds or issuing securities and lending the proceeds to the Issuer or a Guarantor and that conducts no business other than as may be reasonably incidental to, or related to, the foregoing.

  • Similar Business means (1) any business conducted or proposed to be conducted by the Borrower or any of its Restricted Subsidiaries on the Closing Date, and any reasonable extension thereof, or (2) any business or other activities that are reasonably similar, ancillary, incidental, complementary or related to, or a reasonable extension, development or expansion of, the businesses in which the Borrower and its Restricted Subsidiaries are engaged or propose to be engaged on the Closing Date.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Microbusiness means a licensee that may act as a cannabis

  • Consolidated Subsidiary means with respect to any Person at any date any Subsidiary of such Person or other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date in accordance with GAAP.

  • Parent Business shall have the meaning set forth in the Separation and Distribution Agreement.

  • Project Finance Subsidiary means a Subsidiary that is a special-purpose entity created solely to (i) construct or acquire any asset or project that will be or is financed solely with Project Financing for such asset or project and related equity investments in, loans to, or capital contributions in, such Subsidiary that are not prohibited hereby and/or (ii) own an interest in any such asset or project.