Communications Business means the cable (including without limitation cable television), local access, wireline and wireless (whether fixed or mobile) communications systems and other businesses (including long distance, data and internet services) of the Borrower and the Subsidiaries (other than NMTC Subsidiaries) generally.
Closing Date means the effective date upon which the closing of the Sale of Communications Business Bundle occurs as defined in the Definitive Agreement.
Purchaser means the entity or entities to whom the Sale of the Communications Business Bundle is made.
Danaher shall inform Newco of (i) any changes to accounting methods relating to the Communications Business reflected on a Danaher Consolidated Return, and (ii) any election filed under Treasury Regulations Section 301.7701-3 with respect to a Newco Entity.
The current ownership and operation by each of the Restricted Companies of its Mobile Communications Business comply with the Communications Act of 1934, as amended, and all rules, regulations and policies of the FCC, any PUC and of any other Governmental Authority, except for such non-compliance that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.
Danaher Business means any businesses currently or formerly conducted by any member of the Danaher Group, other than the Communications Business.