INDUSTRIAL BUSINESS definition

INDUSTRIAL BUSINESS shall have the meaning set forth in the Distribution Agreement. "INDUSTRIAL COVERED PERSON" shall mean each member of the Industrial Group and any other Person, in each case to the extent any Policy addressed herein purports to provide insurance coverage in respect of any claims, suits, actions, proceedings, injuries, losses, liabilities, occurrences, damages or expenses incurred by such Person arising out of, in connection with or otherwise related to Industrial. "INDUSTRIAL EXCLUSIVE POLICIES" shall mean all current and past Policies which show Industrial Company, any other member of the Industrial Group or any of their respective predecessors (or such entity and its subsidiaries and/or affiliates) as the named insured and do not purport to relate to Energy or Shipbuilding or to cover any Energy Covered Person or Shipbuilding Covered Person, but excluding any Retained Policy. "INDUSTRIAL GROUP" shall have the meaning set forth in the Distribution Agreement. "INDUSTRIAL LIABILITIES" shall have the meaning set forth in the Distribution Agreement. "INSURANCE ADMINISTRATION" shall mean, with respect to any Policy, the accounting for premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of such Policy, and the distribution of Insurance Proceeds. "INSURANCE PROCEEDS" shall mean those monies, net of any applicable premium adjustment, deductible, retention or similar cost paid or held by or for the benefit of an insured party which are either (i) received by an insured from an insurance carrier, or (ii) paid by an insurance carrier on behalf of an insured. "LETTERS OF CREDIT" shall have the meaning set forth in Section 7.1 hereof. "MERGER" shall have the meaning set forth in the Distribution Agreement. "MERGER AGREEMENT" shall have the meaning set forth in the Distribution Agreement. "MERGER TIME" shall mean the time at which the Merger becomes effective. "OCCURRENCE-BASED" shall mean, with respect to any Policy, coverage provided by such Policy for acts, omissions, damages or injuries which occur or are alleged to have occurred during a period specified in such Policy. "OCCURRENCE-BASED POLICIES" shall mean those current and past Policies which are Occurrence-Based in nature, including but not limited to those policies identified on SCHEDULE B hereto, which show Tenneco or any of its predecessors (or such entity and its subsidiaries and/or affiliates) as the named insured, but excluding (i) any d...
INDUSTRIAL BUSINESS means the businesses that, after giving effect to the Corporate Restructuring Transactions, are conducted by: (i) the Industrial Company, the Industrial Subsidiaries or any of the other members of the Industrial Group; and (ii) any business entity acquired or established by or for Tenneco, Industrial Company or any of the Industrial Subsidiaries between the date of this Agreement and the close of business on the Distribution Date that is engaged in, or intends to engage in, any business that is of a type or nature that would have resulted in such business being included either as a Subsidiary or an asset of Industrial Company on the Industrial Business Pro Forma Balance Sheet had it been acquired or established on or prior to the date of the Industrial Business Pro Forma Balance Sheet, determined on a basis consistent with the determination of the Subsidiaries and assets included on the Industrial Business Pro Forma Balance Sheet. "INDUSTRIAL BUSINESS PRO FORMA BALANCE SHEET" means the Pro Forma Consolidated Balance Sheet for Industrial Company and the Industrial Subsidiaries as of June 30, 1996 attached hereto as EXHIBIT F. "INDUSTRIAL COMMON SHARES" means the shares of Industrial Common Stock owned by Tenneco after giving effect to the stock dividend provided for in SECTION 2.02(A) hereof. "INDUSTRIAL COMMON STOCK" has the meaning ascribed to such term in the recitals to this Agreement. "INDUSTRIAL COMPANY" means New Tenneco Inc., a Delaware corporation. "INDUSTRIAL DISTRIBUTION" means the distribution on the Distribution Date as a dividend to holders of record of shares of Tenneco Common Stock as of the Distribution Record Date of all of the outstanding Industrial Common Shares owned by Tenneco on the basis provided in SECTION 3.02 hereof. "INDUSTRIAL GROUP" means Industrial Company, the Industrial Subsidiaries and the corporations, partnerships, joint ventures, investments and other entities that represent equity investments of any of Industrial Company or any of the Industrial Subsidiaries following the consummation of the Corporate Restructuring Transactions and the Distributions. "INDUSTRIAL INDEMNITEES" means: (i) Industrial Company and each Affiliate thereof after giving effect to the Corporate Restructuring Transactions and the Distributions; and 6
INDUSTRIAL BUSINESS has the meaning ascribed to that term in the Distribution Agreement. "INDUSTRIAL GROUP" has the meaning ascribed to that term in the Distribution Agreement. "INSURANCE ADMINISTRATION" means, with respect to a D&O Policy, the accounting for premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of such D&O Policy, and the distribution of Insurance Proceeds. "INSURANCE PROCEEDS" means, with respect to an insured party, those monies, net of any applicable premium adjustment, deductible, retention or similar cost paid or held by or for the benefit of such insured party, which are either (i) received by an insured from an insurance carrier, or (ii) paid by an insurance carrier on behalf of an insured. "IRS RULING LETTER" has the meaning set forth in SECTION 7.1(G) hereof. "JOINT PROXY STATEMENT" has the meaning set forth in SECTION 6.7 hereof. "LAW" means any constitutional provision, statute, law, ordinance, rule, regulation, permit, decree, injunction, judgment, order, decree, ruling, determination, finding or writ of any Governmental Authority. "LAZARD" means Lazard Freres & Co. LLC. "MAJOR SUBSIDIARIES" means the following subsidiaries of Tenneco after giving effect to the Spinoffs: JURISDICTION NAME OF ORGANIZATION ---- --------------- Tennessee Gas Pipeline Company Delaware Tenneco Energy Resources Corporation Delaware Tenneco Gas Australia, Inc. Delaware Tenneco Corporation Delaware Tenneco Ventures Corporation Delaware Midwestern Gas Transmission Company Delaware East Tennessee Natural Gas Company Tennessee

Examples of INDUSTRIAL BUSINESS in a sentence

  • EP7 INDUSTRIAL BUSINESS PARK (GREAT WEST ROAD)The Council will protect the Great West Road Industrial Business Park (Refer to Proposals Map) as a location for industrial uses including research and development and industrial-related uses that require better quality surroundings.

  • Earth Removal Operation or Earth Filling Operation by special permit from the Planning Board (See Section 5.16) SECTION 3.32: RESIDENTIAL INDUSTRIAL BUSINESS ZONE (RIB) ZONE Dimensional requirements per Section 4.2 Table 1.

  • HAVE THE INDUSTRIAL BUSINESS ZONES BEEN EFFECTIVE?With the establishment of the Industrial Business Zones, the Bloomberg administration sought to stabilize the sector and provide a safe haven by removing the threat of residential rezoning.

  • Contractors 410-13 I-3 LIGHT INDUSTRIAL BUSINESS PARK DISTRICT (Amended 2/19/02; 4/7/03) CONDITIONAL USES8.

  • Gary thanked those who attended, getting more popular; a lot of foster parents and Social Workers.

  • AMERICAS 79.2% EUROPE 13.9% ASIA 6.9% OPERATING PROFIT Excluding Special Charges In Millions 1998 $61.4 1999 74.3 2000 79.0 INDUSTRIAL BUSINESS McCormick's industrial business supplies products from the Americas, Europe and Asia to markets worldwide.

  • LONG ISLAND CITY INDUSTRIAL BUSINESS ZONE AND INDUSTRIAL OMBUDSMAN AREAIn 2006, large parts of Long Island City were designated as either an Industrial Business Zone (IBZ) or an Industrial Ombudsman Area (IOA).

  • Vandesteeg Research and Development, Corporate Technology INDUSTRIAL BUSINESS Joaquin DelgadoResearch and Development, Corporate Technology Michael L.

  • SECTION 3.32: RESIDENTIAL INDUSTRIAL BUSINESS ZONE (RIB) ZONE‌Dimensional requirements per Section 4.2 Table 1.

  • ORDINANCE OF THE CITY OF LEESBURG, FLORIDA, AMENDING CHAPTER 25-292, BY ADDING SECTION 25 – 292(25) “COMMERCIAL AND INDUSTRIAL BUSINESS ACCESSORY STRUCTURES” TO ALLOW ACCESSORY USES ON UNDEVELOPED PROPERTIES IN COMMERCIAL, INDUSTRIAL AND PLANNED ZONING DISTRICTS, AND PROVIDING AN EFFECTIVE DATE.BE IT ENACTED BY THE PEOPLE OF THE CITY OF LEESBURG, FLORIDA: SECTION I.The following section is hereby added to of the Code of Ordinances of the City of Leesburg, FloridaChapter 25 Article VI.


More Definitions of INDUSTRIAL BUSINESS

INDUSTRIAL BUSINESS means the business of the Industrial Companies, after giving effect to the occurrence of the Pre-Closing Restructuring Transactions, the other pre-Closing transactions contemplated by this Agreement and consummated on or prior to the Closing Date, and the Post-Closing Restructuring Transactions.
INDUSTRIAL BUSINESS means manufacturing, storage, service and repair activities which do not involve the use of heavy machinery, are carried out indoors, and are unlikely to give rise to adverse effects beyond the site, and are of a small scale.” Rule 4.5.2 b) ii) is amended to include the following:
INDUSTRIAL BUSINESS means the conduct of an industrial business activity, where goods or products are produced, manufactured, dismantled, altered, re-packaged, repaired or stored at a scale of greater than that defined by retail business. The use includes the sale of goods, resulting from such operations, provided that sales space does not exceed 20% of the use area. Any space dedicated for administration or accounting work in connection with such operations does not exceed 20% of the use area. The term includes the following types: Type 1 Warehouse: The use of premises for the storage of goods, merchandise or materials in large stocks (whether or not such storage is required for an adjoining shop or other commercial premises), pending their distribution or wholesale. The use includes a warehouse or self- storage but does not include a retail business. … Retail business means the conduct of a business activity, where goods or services are displayed or offered for sale to the public. The term includes the following types: … Type 4 Showroom: Premises exceeding 250m² gross floor area for the display and sale of goods that are primarily of a bulky nature and of similar type including but not limited to boats, electrical goods, bulk stationery supplies, caravans, furniture, floor coverings, sporting equipment and apparel, motor vehicles, motor accessories and the like. The term includes any associated sale of spare parts for such goods. … Type 6 Hardware: Premises for the display for sale (including hire) of hardware and trade supplies including household fixtures, timber, tools, paint, wallpaper, plumbing supplies and the like, but the term does not include the sale of kitchen or dining wares, picnic ware, camping goods, garden products, furniture or other household products or home wares.”[57] Part 3 sets out the Desired Environmental Outcomes for the Shire. In 3.1.3 under “Commercial & Retail Uses” it is stated:

Related to INDUSTRIAL BUSINESS

  • Local Business as used in this policy means a company that has an ongoing business within geographical boundaries of SCAQMD at the time of bid or proposal submittal and performs 90% of the work related to the contract within the geographical boundaries of SCAQMD and satisfies the requirements of subparagraph H below.

  • Industrial hemp means a plant of the genus Cannabis and any part of the plant, whether growing or not, containing a delta-9 tetrahydrocannabinol (THC) concentration of no more than three-tenths of one percent (0.3%) on a dry weight basis.

  • Additional Business Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Industrial building means a building used for or in connection with,

  • Industrial Services means service to customers engaged primarily in a process which creates or changes raw or unfinished materials into another form or product including the generation of electric power.

  • Retail Business means those activities that constitute the provision of goods or services by the Appointee directly to one or more customers, and such activities ancillary to such provision including ownership of meters, and that are so designated from time to time (which designation, for the avoidance of doubt, shall be reversible) by the Water Services Regulation Authority or by such person or persons as may be nominated by the Water Services Regulation Authority to do so, but for the avoidance of doubt shall not include the following:

  • Business has the meaning set forth in the Recitals.

  • Principal Business means the primary activity as determined by analyzing the amount of capi- tal, labor, time, attention, and floor space devoted to each business activity and by analyz- ing the sources of net income and gross income. The name, appearance, and advertising of the entity may also be taken into consideration if they are given less weight.

  • Company Business means any business in which the Company or any Subsidiary or other Affiliate is: (x) engaged in during the term of the Grantee’s Business Relationship; or (y) any business in which the Company or any Subsidiary or other Affiliate has undertaken material substantive steps to engage within the twelve (12) month period prior to such Termination, so long as with respect to both prongs (x) and (y) of this sentence, the Grantee had responsibilities with respect to, or Confidential or Proprietary Information about, such business (or anticipated business) prior to the Termination. Without limiting the foregoing, the Company Business shall be deemed to include the well completion and servicing business (including, without limitation, hydraulic fracturing, coiled tubing, pressure pumping, wireline, cementing, pressure testing, pump-down, perforating, pipe recovery and other complementary services), petroleum engineering services (including without limitation services in connection with hydraulic fracture stimulation and reservoir engineering), directional drilling and production services.

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • industrial research means the planned research or critical investigation aimed at the acquisition of new knowledge and skills for developing new products, processes or services or for bringing about a significant improvement in existing products, processes or services. It comprises the creation of components parts of complex systems, and may include the construction of prototypes in a laboratory environment or in an environment with simulated interfaces to existing systems as well as of pilot lines, when necessary for the industrial research and notably for generic technology validation;

  • Industrial furnace means any of the following enclosed devices that are integral components of manufacturing processes and that use thermal treatment to accomplish recovery of materials or energy:

  • Industrial means lands, buildings or structures used or designed or intended for use for manufacturing, processing, fabricating or assembly of raw goods, warehousing or bulk storage of goods, and includes office uses and the sale of commodities to the general public where such uses are accessory to an industrial use, but does not include the sale of commodities to the general public through a warehouse club;

  • Industrial Property Rights means all of the Company's patents, trademarks, trade names, inventions, copyrights, know-how or trade secrets, formulas and science, now in existence or hereafter developed or acquired by the Company or for its use, relating to any and all products and services which are developed, formulated and/or manufactured by the Company.

  • 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.

  • existing industrial building means a building used for or in connection with,

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Industrial Activity means activities subject to NPDES Industrial Permits as defined in 40 CFR, Section 122.26 (b)(14).

  • Micro Business means a company which either:

  • 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;

  • Businesses means, at any time, a collective reference to the businesses operated by the Borrower and its Subsidiaries at such time.

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.