Motion Businesses definition

Motion Businesses means all of the businesses and operations of the Motion Companies.
Sample 1

Examples of Motion Businesses in a sentence

  • Section 4.8(a) of the Motion Companies Disclosure Schedules sets forth a complete and accurate list of each of the material Permits relating to the Motion Businesses (the “Material Permits”).

  • Purchaser shall have received commitments, on terms and conditions satisfactory to the Purchaser in its sole discretion, from the Material Suppliers that such suppliers have not ceased, and do not intend to cease, to supply goods or services regarding the Motion Businesses or otherwise in respect to the Transferred Assets and that such suppliers will not terminate or materially reduce their relationship with the Motion Businesses or otherwise in respect to the Transferred Assets following Closing.

  • Without limiting the foregoing, each of Lender and each Motion Company agrees that it shall reasonably cooperate with Purchaser to transfer to Purchaser all right, title and interest in the Transferred Assets and the Motion Businesses, the benefits of which may not otherwise be fully and effectively transferred by legal assignment.

  • To the Knowledge of the Motion Companies, no Motion Company is liable in any material respects for any arrears of wages, Taxes or penalties for failure to comply with any of the foregoing, and no Motion Company has received any written complaint alleging that any Business Employee, or current or former independent contractor, has engaged in inappropriate behavior in connection with the Motion Businesses, including harassment or discrimination.

  • From and after the Closing Date, each of the Motion Companies and the Lender shall refer all inquiries with respect to the Motion Businesses, the Transferred Assets and the Assumed Liabilities to Purchaser, and Purchaser shall refer all inquiries with respect to the Excluded Assets and the Excluded Liabilities to the Motion Companies.

  • Without limiting the foregoing, each of the Motion Companies and the Lender shall, promptly following the receipt thereof, assign, transfer and deliver to Purchaser all cash and cash equivalents and any other item of monetary value received after the Closing relating to the Transferred Assets or the Motion Businesses, including without limitation any Tax Refund.

  • The Motion Companies have no Liabilities with respect to the Transferred Assets or the Motion Businesses, except (a) those which are adequately reflected or reserved against in the Most Recent Balance Sheet set forth in Section 4.15 of the Motion Companies Disclosure Schedules, and (b) those which have been incurred in the ordinary course of business consistent with past practice since the Most Recent Balance Sheet Date.

  • None of the Motion Companies or the Motion Businesses is in breach or violation of, or default in any material respect under any applicable Laws with respect to the operation of the Motion Businesses or the Transferred Assets.

  • No Motion Company has incurred any Liability for Taxes relating to the operation of the Motion Businesses outside the ordinary course of business.

Related to Motion Businesses

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Retained Businesses means all businesses now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.

  • Distribution Business means the business of operating and maintaining a distribution system for supplying electricity in the area of supply of the Distribution Licensee;

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

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Consolidated Businesses means the General Partner, the Borrower and their wholly-owned Subsidiaries.

  • Licensed Business means the activities connected with the conveyance of

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Transmission Business means the authorised business of a transmission licensee to transmit electricity, whether for its own account or for that of any other person, through any system owned and/ or operated by such licensee;

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Micro Business means a company which either:

  • 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.

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

  • 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.

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

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

  • Transferred Subsidiaries shall have the meaning set forth in the Recitals.

  • 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;

  • Permitted Businesses means the business of owning, leasing and managing gasoline stations, convenience store properties and other retail real properties (including, for the avoidance of doubt, quick service or other casual restaurants and auto service and auto parts stores), and any other single-tenant net lease business, and business activities reasonably related to the foregoing (including the creation or acquisition of any interest in any Subsidiary (or entity that following such creation or acquisition would be a Subsidiary) for the purpose of conducting the foregoing activities), in each case that are permitted for real estate investment trusts under the Code.

  • 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;

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Air Transportation Business means the carriage by aircraft of persons or property as a common carrier for compensation or hire, or carriage of cargo or mail by aircraft, in air commerce, as defined in 49 U.S.C. § 40102, as amended.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.