Business entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;
Uniform business entity application means the current version of the national association of insurance commissioners uniform business entity application for resident and nonresident business entities.
Group Business Entity means;
Surviving Business Entity has the meaning assigned to such term in Section 14.2(b).
Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when