Business Activities definition

Business Activities shall be any business activities conducted by Buyer, Seller, SNB, or any of their Affiliated Companies, which includes commercial or consumer loans and extensions of credit, letters of credit, commercial and consumer deposits and deposit accounts, securities repurchase agreements and sweep accounts, cash management services, money transfer and bill payment services, internet or electronic banking, automated teller machines, IRA and retirement accounts, commercial or consumer mortgage loans, and commercial or consumer home equity lines of credit. For purposes of this Agreement, the “Restricted Area” means each and any county where the Buyer, SNB, Bank, or any of their Affiliated Companies (i) operates a banking office, or (ii) has operated a banking office within the preceding 12 months, or (iii) is actively engaged in providing Business Activities to customers. Nothing in this Section 2(d) shall prohibit Director from acquiring or holding, for investment purposes only, less than five percent (5%) of the outstanding securities of any company or business organization which may compete directly or indirectly with Seller, Buyer, SNB, or any of their Affiliated Companies. Nothing in this Agreement shall prohibit a Director or any of such Director’s Affiliated Companies from continuing to hold outstanding securities of an entity that engages in Business Activities; provided that such securities were held by the Director or any of such Director’s Affiliated Company as of the date of this Agreement.
Business Activities shall be deemed to include the Business and any additional activities which the Company or any of its affiliates may engage in during the term of this Agreement.
Business Activities means any and all business activities of the Company and any Affiliates as presently conducted and/or conducted for the past two (2) years.

Examples of Business Activities in a sentence

  • Meal, beverage and accommodation expenses for internal College business events will be eligible only if pre-approval is obtained from a CET member and the expenses are incurred during the conduct of Legitimate College Business activities or the provision of education, training and/or professional development of SLC employees and/or students (for example, a mandatory meeting that needed to be schedule during a typical meal time).

  • Business activities beyond the scope of authorization were strictly prohibited.

  • Business activities of the Joint Venture Company will be started being limited to the OEM market in China, the other markets will be agreed by both Parties.


More Definitions of Business Activities

Business Activities shall be deemed to any business activities concerning owning, operating, managing, promoting or soliciting clients for the Corporation’s Business, and any additional activities which the Corporation or any of its affiliates may engage in during any portion of the 12 months prior to the termination of Executive's employment.
Business Activities shall be deemed to include the Business, any business activities concerning marketing, distributing and selling skin care, nutritional and other consumer products provided by the Company and any additional activities which the Company or any of its affiliates may engage in during the term of this Agreement.
Business Activities means the activities specified in the Schedule conducted by the Insured, as well as all associated official activities conducted by the Insured, including social and fundraising activities.
Business Activities shall be deemed to include any activities which are included in the Company's Business now or during the effective period of this Agreement.
Business Activities means any business in which the Company is actively engaged as of the termination of this Agreement together with all other activities engaged in by the Company or any of its subsidiaries at any time during the Consultant's consulting relationship with the Company, and activities in any way related to activities with respect to which the Consultant renders consulting services under this Agreement.
Business Activities means any activities carried on—
Business Activities shall be deemed to include the Business, and any additional activities which the Company or any of its affiliates may engage in during any portion of the twelve (12) months prior to the termination of Executive's employment.