Disposed Entity or Business definition

Disposed Entity or Business shall have the meaning provided in the definition of the term Consolidated EBITDA.
Sample 1Sample 2Sample 3
Disposed Entity or Business means an entity the subject of a Business Disposal (and for such purpose, where the subject of a Business Disposal is a business, such business shall be deemed to constitute a separate legal entity and cease to be a Group Company upon the date of closing or consummation of such Business Disposal, and such separate legal entity shall be an "Disposed Entity or Business", and the definition of "Consolidated EBITDA" shall apply accordingly).
Sample 1
Disposed Entity or Business means any group of business assets and properties, or any Person owning a group of business assets and properties, that (i) are sold or otherwise disposed of by the Company or any of its subsidiaries after the date hereof, and (ii) generated EBITDA during the 12 months most recently ended at the date of disposition in excess of $3,000,000.
Sample 1

Related to Disposed Entity or Business

  • Acquired Entity or Business has the meaning specified in the definition of the term “Consolidated EBITDA.”

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.

  • Disposed EBITDA means, with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or such Converted Unrestricted Subsidiary, all as determined on a consolidated basis for such Sold Entity or Business or such Converted Unrestricted Subsidiary.

  • Similar Business means (1) any business conducted or proposed to be conducted by the Borrower or any of its Restricted Subsidiaries on the Closing Date, and any reasonable extension thereof, or (2) any business or other activities that are reasonably similar, ancillary, incidental, complementary or related to, or a reasonable extension, development or expansion of, the businesses in which the Borrower and its Restricted Subsidiaries are engaged or propose to be engaged on the Closing Date.

  • Primary sector business means an individual, corporation, limited liability company,

  • Consolidated EBITDA means, for any period, the Consolidated Net Income for such period, plus:

  • Former Business means any corporation, partnership, entity, division, business unit, business or set of business operations that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (other than solely in connection with the Restructuring), in whole or in part, or the operations, activities or production of which has been discontinued, abandoned, liquidated, completed or otherwise terminated, in whole or in part, in each case, by either Group prior to the Distribution Time.

  • Material Disposition means any Disposition of property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $1,000,000.