Continuing Operations definition

Continuing Operations of the Facility shall mean that the Equipment and Supplies at the Facility, at the time that possession of the Facility is returned to Landlord or Landlord's nominee, are sufficient for operation of the Facility (i) consistent with good practices of the assisted living and retirement housing industry; and (ii) consistent with any methods of operations adopted by Tenant which involve the use of Equipment or Supplies not otherwise required under subsection (i) hereof, e.g., provision of specialized therapy or recreational activities for Residents.

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Continuing Operations means the operations of the TransTexas Entities after giving effect to the sale by the Borrower of the stock of TransTexas Transmission Corporation.

Continuing Operations means the total Group excluding Gall Thomson and its subsidiary and the Composite Doors business. All the figures for the year ended 31 December 2011 and the comparative figures for 2010 reflect this definition.

Examples of Continuing Operations in a sentence

• In the event Registry Operator replaces the Continued Operations Instrument either pursuant to paragraph 2 or this paragraph 3, the terms of this Specification 8 shall no longer apply with respect to the original Continuing Operations Instrument, but shall thereafter apply with respect to such Alternative Instrument(s), and such instrument shall thereafter be considered the Continued Operations Instrument for purposes of this Agreement.

• So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the Company shall maintain, as of the end of each fiscal quarter, a ratio of (a) Pre-Tax Income from Continuing Operations for the four fiscal quarters then ended to (b) Consolidated Interest Expense for such four fiscal quarters of not less than 2.0 to 1.0.

• EBITDA from Continuing Operations means the earnings of the Company from continuing operations excluding interest expense, taxes, depreciation and amortization for each Fiscal Year in the Performance Period, subject to those adjustments described in Section 4.4.

• EBITDA Annual Growth means the year-over-year percentage change in EBITDA from Continuing Operations from one Fiscal Year (the “Base Fiscal Year”) to the immediately subsequent Fiscal Year (the “Measuring Fiscal Year”) in the Performance Period.

• Maximum Performance means the level of Three-Year Cumulative EBITDA from Continuing Operations for the Performance Period set by the Committee that results in a 200% factor in the Payment Formula set forth in Section 1.4.

More Definitions of Continuing Operations

Continuing Operations means all operations of the Borrower and its consolidated Subsidiaries in existence as of the date of the Fourth Amendment, as determined in accordance with GAAP.” “ ‘***’ shall mean the Borrower’s *** segment as reported in its security filings.” “ ‘Florida Property’ shall mean the Borrower’s land at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ and the Borrower’s CPA property (including the building and all improvements located thereon) in Miami, Florida.” “ ‘LTM EBITDA’ shall mean Consolidated EBITDA for the LTM Test Period then most recently ended.”

Continuing Operations means the Company's income from continuing operations, which shall exclude for this computation the effect (in each case net of applicable tax) of (i) extraordinary items, (ii) discontinued operations and (iii) the cumulative effects of changes in accounting principles.

Continuing Operations means the ongoing business operation and such other businesses in which the reorganized Debtor may engage from time to time.

Continuing Operations means continuing operations as presented at the beginning of 2018 (i.e., excluding the Vertex operations).

Continuing Operations means the operations of the Subsidiaries identified as "Continuing Operations Subsidiaries" on Schedule 7.

Continuing Operations. EBITDA shall mean, in any period, EBITDA of the Companies during such period attributable to the continuing operations of the Companies. COPYRIGHTS shall mean all of each of the Companies' present and hereafter acquired copyrights, copyright registrations, recordings, applications, designs, styles, licenses, marks, prints and labels bearing any of the foregoing, goodwill, any and all general intangibles, intellectual property and rights pertaining thereto, and all cash and non-cash proceeds thereof. DEFAULT shall mean any event specified in Section 10 hereof, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act, has been satisfied.

Continuing Operations means the core institutional business of Borrower and all other businesses and activities of Borrower not otherwise described as Discontinued Operations.