EFT Business definition

EFT Business means “EFT Business” as defined in the Master Investment Agreement.
EFT Business has the meaning set forth in Section 3.6.
EFT Business means “EFT Business” as defined in the Master Investment Agreement. “Eligible Assignee” means (a) a Lender, (b) an Affiliate of a Lender, (c) an Approved Fund, and (d) any other Person (other than a natural person) approved in writing by (i) the Administrative Agent, (ii) in the case of any assignment of a Revolving Credit Commitment, the L/C Issuer and the Swing Line Lender, and (iii) unless an Event of Default has occurred and is continuing under Section 7.1(a), (j) or (k) hereof, the Borrower (each such approval not to be unreasonably withheld or delayed); provided that, in the case of assignments of Term B Loans, the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within ten (10) Business Days after having received written notice from the Administrative Agent of such request for its consent and no consent of the Borrower shall be required for assignments of Initial Term B Loans incurred on the Second Restatement Effective Date to Initial Term B Lenders identified to the Borrower on or prior to the Second Restatement Effective Date in connection with the primary syndication of the Initial Term B Loans; provided further that, notwithstanding the foregoing, (A) “Eligible Assignee” shall not include (x) any Prohibited Lenders, (y) any natural person or (z) except to the extent provided in Section 10.10(h), any Affiliated Lender or Debt Fund Affiliate and (B) in the case of assignments of Revolving Credit Commitments or Revolving Exposure, no Person shall be an Eligible Assignee pursuant to clause (a), (b) or (c) above unless such Person is, or is an Affiliate or an Approved Fund of, an existing Lender under the Revolving Facility; and provided further that during the Certain Funds Period only and only in respect of a proposed assignment of any 2017 Incremental Term Loan Commitment the Eligible Assignee has unless otherwise agreed in writing by the Borrower a long term senior unsecured credit rating of not less than BBB+ by Standard and Poor'▇▇▇▇▇’▇ or Baa1 by ▇▇▇▇▇'▇▇▇▇▇▇’▇.

Examples of EFT Business in a sentence

  • The Company has conducted and will conduct the operations of the EFT Business up to and including the Closing in the Ordinary Course of Business.

  • Company IT Assets means software, systems, servers, computers, hardware, firmware, middleware, networks, data communications lines, routers, hubs, switches and all other information technology equipment, and all associated documentation, in each case, used or held for use in the operation of the EFT Business.

  • The Parties agree that it would be impossible to measure in money the damages which will accrue to the Purchaser, the Company or the EFT Business by reason of any Seller’s failure to comply fully with the covenants contained in this Article 8.

  • Except as set forth on Section 7.1(z) of the Disclosure Schedule, there is no pending litigation against the Company nor, to the Company’s Knowledge, are there any adverse claims, existing or threatened, which may lead to litigation, relating to any aspect of the EFT Business or the Shares, and the Company has no outstanding obligation or Liability under any consent orders, judgment or decree.

  • There has been no Material Adverse Change in the EFT Business, and none of its properties or assets have been materially damaged by fire or other casualty, strike, or otherwise disposed of other than in the Ordinary Course of Business since December 31, 2013.

  • The Intellectual Property Rights owned by the Company or licensed thereby from a third party constitutes all of the Intellectual Property Rights used in or necessary for the EFT Business as currently conducted and as currently proposed to be conducted.

  • The Company is qualified to do business and is in good standing as a foreign corporation in all states in which qualification is required by the nature of its business or the character or location of the assets owned or leased by the Company and in which the failure to so qualify and be in good standing would have a Material Adverse Change on the EFT Business or the Company.

  • To the Company’s Knowledge, there is no injunction, decree, order, writ or judgment outstanding, nor any claims, litigation, administrative actions or similar proceedings, pending or threatened, relating to the ownership, lease, use or occupancy of the Leased Real Property or any portion thereof, or the operation of the EFT Business as currently conducted thereon.

  • The Sellers will cause the Company to conduct the EFT Business in the Ordinary Course of Business and will not engage in any practice, or enter into any contract outside the Ordinary Course of Business.

Related to EFT Business

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Company Business means the business of the Company as presently conducted.

  • Subject Business means the policy or policies that are

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;