Licensed Business definition

Licensed Business means the activities connected with the conveyance of

Licensed Business means the functions and activities, which the Licensee is required to undertake in terms of the License granted by the Commission or as a deemed Licensee under the Act;

Licensed Business means the activities connected with the conveyance of gas pursuant to the Licence;

Examples of Licensed Business in a sentence

• This Condition shall not apply in respect of any function of the Authority under Articles 14(1)(a) and 27 of the Order or under Article 7 of the Energy Order but the Licensee shall, if requested by the Authority, give reasoned comments on the accuracy (so far as it relates to its Licensed Business), of any information or advice which the Authority proposes to publish pursuant to Article 7 of the Energy Order.

• The Licensee shall at all times maintain its financial affairs in such a way so as not to prejudice the conduct of its Licensed Business and shall at the request of the Authority provide the Authority with such information as the Authority may reasonably request to be satisfied of the above.

• Subject to Condition 1.1l.2, the Licensee shall not transfer to another person all or any part of the Licensed Business.

• Nothing in Condition 1.11.1 shall prevent the Licensee from transferring all or the relevant part of the Licensed Business to the assignee where the Authority has consented to the assignment of all or the relevant part of the licence under Article 12 of the Order or the Licensee has assigned all or the relevant part of the licence in accordance with Condition 1.10.

• References in this Condition to costs or liabilities of, or reasonably attributable to, the Licensed Business shall be construed as excluding taxation, capital liabilities which do not relate principally to the Licensed Business , and interest thereon; and references to any accounting statement shall be construed accordingly.

More Definitions of Licensed Business

Licensed Business means the activities connected with the supply of gas

Licensed Business means the business of Distribution and Supply of electricity as authorised under the Distribution Licence;

Licensed Business. ’ means the business that may be conducted on licensed premises as authorised by the Board;

Licensed Business means the business conducted in terms of a licence;

Licensed Business means any person licensed under the laws of the relevant Canadian jurisdiction to sell IVICs, other than an Insurer or a Licensed Individual.

Licensed Business means the functions and activities, which the Licensee is required to undertake in terms of the Licence granted or being a deemed Licensee under the Act;

Licensed Business means the generation and supply of electricity as carried out under this Licence and any other licence required by Jamaican law.