Legacy Business definition

Legacy Business means any business conducted by any of the Pershing Companies prior to the Closing Date other than the Business.

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Legacy Business means businesses related to non-Government Sponsored Entity or non-▇▇▇▇▇▇ ▇▇▇ mortgage loans or MSR (other than the RMS Business).

Legacy Business means the business of the Company on the date hereof and immediately prior to the Closing and specifically excludes any digital asset treasury business that the Company may engage in whether before or after the date of this Agreement.

Examples of Legacy Business in a sentence

Holdco’s, Parent’s and their respective Affiliates’ sole responsibility as to Legacy Monetization activities is as set forth in this Section 2.7. Except as expressly provided in this Section 2.7 Holdco, Parent and their respective directors, officers, employees, agents and representatives following the First Effective Time shall have no further obligation to promote, support, invest in, allocate internal resources toward, advance or monetize the Legacy Business pending the Legacy Monetization(s).
For purposes of this Section 2.07(a), the parties contemplate that the Excel Retained Business, the EDV Retained Business and the Legacy Business, including but not limited to the administration of accounts payable and accounts receivable, will be conducted in the normal course.
Unless otherwise mutually agreed by the Parties or as expressly provided herein, AT&T will not target Legacy Business Customers or Legacy Consumer Customers to solicit such customers to convert the LICENSOR services to which they subscribed as of the Effective Date to the Information Services.
Prior to the Closing, Purchaser will negotiate in good faith with the Legacy Business Owner towards a mutually acceptable agreement with respect to the Software System containing rights, obligations and covenants which are substantially similar to the Mutual PQUAD Covenant Agreement.
The Holders, the Rights Agent and the CVR Holders’ Representative hereby release each of Holdco and Parent and their respective Affiliates, directors, officers, employees, agents and representatives from any liability, claims or losses relating to the performance or operations of the Legacy Business pending the Legacy Monetizations, it being understood that such release is part of the consideration for the issuance of the CVRs and retention of the Rights Agent hereunder.

More Definitions of Legacy Business

Legacy Business any business or operation of Legacy which is, pursuant to the Distribution Agreement, to be conducted by Legacy after the Distribution.

Legacy Business means the business and operations of Parent substantially as conducted during the twelve months preceding the First Effective Time, including any and all cash, other assets, properties, and equipment of Parent in existence as of the First Effective Time.

Legacy Business means businesses related to non-Government Sponsored Entity or non-Ginnie Mae mortgage loans or MSR (other than the RMS Business).

Legacy Business means a business with a continuous physical presence within the City of San Marcos taxing jurisdiction for at least 20 years and contributes to the history, culture, and authentic identity of San Marcos.

Legacy Business means the business of providing natural gas gathering, compression, treating and processing and other services with respect to the Legacy System and the Legacy Assets consistent with past practices.

Legacy Business means the business of providing loan financing to the real estate sector, in which the Corporation was previously engaged, and includes any real estate loans and/or mortgages originated by the Corporation;

Legacy Business means the business and operations of Parent as of the date of this Agreement, which generally relates to the operation of a global database of information to provide consumers with trusted information about companies that do business with.