Discontinued Operation definition

Discontinued Operation means any operating group, business unit, operation, division, Subsidiary, line of business or investment managed or operated by Delta or any of its Subsidiaries at any time prior to the Effective Time and sold, transferred or otherwise discontinued prior to the Effective Time.
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Discontinued Operation means any Restricted Subsidiary of the Borrower that is irrevocably designated by the Board of the Directors of the Borrower as discontinued or for Sale, or designated as such on the Borrower’s Financial Statements in accordance with Section 6.1(a) or Section 6.1(b).
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Discontinued Operation refers to any business owned directly or indirectly by Coltec or its predecessors which ceased operating or was divested prior to July 1999, including, but not limited to, Crucible Inc., Colt Firearms Division of Colt Industries Inc, Xxxxxx Automotive Inc, Xxxxxx Performance Products Inc, Farnam Sealing Systems, Inc, Lubrikup Company, Precision Seal Corporation, and the Valves and Industrial Plastics Division of Coltec Industrial Products, Inc. This Section 3.04 is not intended to create any obligation to provide benefits to any retiree, but rather, is intended merely to allocate such obligations to the extent they may already exist.
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Examples of Discontinued Operation in a sentence

  • The Hema fighters saw the pictures, they accused MSF of showing partiality in the conflict.nowadays, and therefore all MSF staff and volunteers are recommended to read this ’Best Practices’ document and the Ethical Guidelines to alert them to concerns – ethical, practical and legal- of taking photos of our work and patients.Protection of the patient remains the priority while ensuring good practice and obtaining consent for any images/footage taken, as outlined below.

  • A Discontinued Operation is a component of the entity that has been disposed of or is classified as “held for sale” and that represents a separate major line of business or geographical area of operations, is part of a single co-ordinated plan to dispose of such a line of business or area of operations, or is a subsidiary acquired exclusively with a view to resale.

  • The financial results of Condat for the prior period have been presented as a Discontinued Operation in the financial report.

  • Equity Interest Retained in the Discontinued Operation After Disposal Not applicable.

  • Discontinued Operation On October 27, 2004, the Company's board of directors approved a plan and management committed to sell the Company's composite building products business (composites business) after making a determination that the business no longer aligned with the Company's long-term strategy.

  • Net Profit of Discontinued Operation (Mark "-" for Net Loss) (II) Classified by the Attribution of Ownership 1.

  • Equity Interest Retained in the Discontinued Operation After Disposal Note 5 – Investments A.

  • Net (Loss) as per Profit and Loss Account(Continuing and Discontinued Operation ) Rupees in Lakhs8.

  • Net Profit/ (Loss) as per Profit and Loss Account (Discontinued Operation ) Rupees in Lakhs6.

  • Net Income (Loss) Before Taxes, Discontinued Operation, Extraordinary Items and Cumulative Effect of a Change in Accounting Principle......................................


More Definitions of Discontinued Operation

Discontinued Operation means any one of them.
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Discontinued Operation means any operating group, business unit, operation, division, Subsidiary, line of business or investment managed or operated by CSC or any of its Subsidiaries at any time prior to the Effective Time and sold, transferred or otherwise discontinued prior to the Effective Time.(ii)
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Discontinued Operation. The assets and liabilities associated with the ---------------------- Borrower's division commonly known as "Emergent Central," which assets and liabilities are treated as a discontinued operation on the Borrower's consolidated balance sheet.
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Related to Discontinued Operation

  • Discontinued Operations means operations that are accounted for as discontinued operations pursuant to Applicable GAAP of the Issuer for which the Disposal of such assets has not yet occurred.

  • Cottage food operation means a person who produces or packages cottage food products only in a kitchen of that person's primary domestic residence within this state.

  • Normal operation means the oper- ation of a program or activity without significant changes that would impair its ability to meet its objectives.

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.

  • Railway Operation means the construction and operation under this Agreement of the relevant Railway and associated access roads and Additional Infrastructure (if any) within the relevant Railway Corridor and of the associated Lateral Access Roads, in accordance with approved proposals;

  • Salvage operation means any business, trade or industry engaged in whole or in part in salvaging or reclaiming any product or material, including but not limited to metals, chemicals, shipping containers or drums.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Unplanned Service Interruption means any Service Interruption where events or circumstances prevent the timely communication of prior warning or notice to the Trader or any affected Customer;

  • Interruption Period shall have the meaning set forth in Section 5 hereof.

  • Commence operation means to begin using, on a full time basis, any equipment in a manner that represents normal operational procedures.

  • Planned Service Interruption means a Service Interruption that has been scheduled to occur in accordance with schedule 5;

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);

  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.

  • In operation means engaged in activity related to the primary design function of the source.

  • Surgical Operation means manual and/or operative procedures for correction of deformities and defects, repair of injuries, diagnosis and cure of diseases, relief of suffering and prolongation of life.

  • Scheduled operation time means the scheduled operating hours of the System for the month. All planned downtime on the system would be deducted from the total operation time for the month to give the scheduled operation time.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Total Fund Operating Expenses with respect to a Fund is defined to include all expenses necessary or appropriate for the operation of the Fund including the Adviser’s investment advisory or management fee under the Advisory Agreement and other expenses described in the Advisory Agreement that the Fund is responsible for and have not been assumed by the Adviser, but excludes front-end or contingent deferred loads, taxes, leverage expenses, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, unusual or infrequently occurring expenses (such as litigation), acquired fund fees and expenses, and dividend expenses, if any.

  • System Operations means the Power Producer's operation; maintenance and repair of the System performed in accordance the requirement herein.

  • Experience period means the most recent period of time for which experience is reported, but not for a period longer than three (3) full years. (7-1-93)

  • Animal feeding operation (“AFO”) means a lot or facility (other than an aquatic animal production facility) where animals have been, are, or will be stabled or confined and fed or maintained for a total of 45 days or more in any 12-month period, and crops, vegetation, forage growth, or post-harvest residues are not sustained in the normal growing season over any portion of the lot or facility [40 CFR § 122.23(b)(1)].

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.