Non-Bay Area Business definition

Non-Bay Area Business shall have the meaning specified in the Restated Charter.
Non-Bay Area Business shall have the meaning specified in the Restated Certificate.
Non-Bay Area Business means, as of any date of determination, all of the businesses, assets and liabilities of the Corporation and its Subsidiaries, other than the businesses, assets and liabilities that comprise the Bay Area Business including, without limitation,

Examples of Non-Bay Area Business in a sentence

  • Without limitation of the forgoing, during such period, except as set forth in Section 5.2 of the MNG Disclosure Schedules, MNG will not (i) declare or pay dividends (or make any distributions) in excess of $25,000,000 on its Class A Common Stock or (ii) sell Assets that are part of the Non-Bay Area Business other than ordinary course dispositions of non-material Assets.

  • If you uncover legitimate business issues and then amplify them by shedding light on the potential for larger, more costly challenges in the future, you’ve done your job.

  • Attached hereto as Section 3.4 of the MNG Disclosure Schedules are true, complete and correct copies of the unaudited consolidating balance sheet of the Non-Bay Area Business as of December 31, 2005 and the related unaudited consolidating statement of operations for the Non-Bay Area Business for the twelve-month period then ended, together with certain non-GAAP explanatory footnotes (all such financial statements, the “Financial Statements”).

  • As of the date hereof, the Non-Bay Area Business is in compliance with and is not in default under or in violation of any applicable Legal Requirements, except where such non-compliance, default or violation would not have, individually or in the aggregate, a Material Adverse Effect.

  • Prior to determining to redeem the Class C Common Stock pursuant to Section 7(a)(ii) of Part A of Article FOURTH of the Restated Certificate, the Board of Directors shall (i) consult with Hearst and (ii) use reasonable commercial efforts to restructure the investment in the Non-Bay Area Business represented by the Class C Common Stock to eliminate the Tax Event (as defined in the Restated Certificate) without imposing any adverse consequences on the Company or holders of Class A Common Stock.

  • Prior to determining to redeem the Class C Common Stock pursuant to Section 7(a) of Part A of Article FOURTH of the Restated Certificate, the Board of Directors shall (i) consult with Hearst and (ii) use reasonable commercial efforts to restructure the investment in the Non-Bay Area Business represented by the Class C Common Stock to eliminate the Tax Event (as defined in the Restated Certificate) without imposing any adverse consequences on the Company or holders of Class A Common Stock.

  • Except as Hearst may otherwise consent in writing, from and after the date hereof and until the earlier of the Equity Closing or termination of this Agreement in accordance with Section 8.1, MNG will operate the Non-Bay Area Business only in the ordinary course of business (including without limitation, as to the collection of accounts receivable and payment of accounts payable).

  • In declaring a dividend on Class A Common Stock, the Board of Directors shall specify the extent to which such dividend is paid out of assets comprising the Bay Area Business and/or the Non-Bay Area Business.

  • Prior to determining to redeem the Class C Common Stock pursuant to Section 7(a) of Article FOURTH of the Restated Certificate, the Board of Directors shall (i) consult with Hearst and (ii) use reasonable commercial efforts to restructure the investment in the Non-Bay Area Business represented by the Class C Common Stock to eliminate the Tax Event (as defined in the Restated Certificate) without imposing any adverse consequences on the Company or holders of Class A Common Stock.

  • The Board of Directors shall have the discretion to determine whether dividends paid on the Class A Common Stock are paid out of assets comprising the Bay Area Business or assets comprising the Non-Bay Area Business.

Related to Non-Bay Area Business

  • Company Business means the business of the Company and its Subsidiaries as presently conducted.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Separate Business means each of the activities of the Licensee connected

  • 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.

  • 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.

  • Very high radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving an absorbed dose in excess of 5 Gy (500 rad) in one hour at one meter from a source of radiation or one meter from any surface that the radiation penetrates.

  • High radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving a dose equivalent in excess of one mSv (0.1 rem) in one hour at 30 centimeters from any source of radiation or 30 centimeters from any surface that the radiation penetrates.

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

  • 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;

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

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Business Area means an adjacent area that is zoned by a state, county, township, or municipal zoning authority for industrial or commercial purposes, customarily referred to as "b" or business, "c" or commercial, "i" or industrial, "m" or manufacturing, and "s" or service, and all other similar classifications and that is within a city, village, or charter township or is within 1 mile of the corporate limits of a city, village, or charter township or is beyond 1 mile of the corporate limits of a city, village, or charter township and contains 1 or more permanent structures devoted to the industrial or commercial purposes described in this subdivision and that extends along the highway a distance of 800 feet beyond each edge of the activity. Each side of the highway is considered separately in applying this definition except that where it is not topographically feasible for a sign or sign structure to be erected or maintained on the same side of the highway as the permanent structure devoted to industrial or commercial purposes, a business area may be established on the opposite side of a primary highway in an area zoned commercial or industrial or in an unzoned area with the approval of the state highway commission. A permanent structure devoted to industrial or commercial purposes does not result in the establishment of a business area on both sides of the highway. All measurements shall be from the outer edge of the regularly used building, parking lot, or storage or processing area of the commercial or industrial activity and not from the property lines of the activities and shall be along or parallel to the edge or pavement of the highway. Commercial or industrial purposes are those activities generally restricted to commercial or industrial zones in jurisdictions that have zoning. In addition, the following activities are not commercial or industrial:

  • 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.

  • Qualified high-technology business means a business that is either of the following:

  • Active business operations means all business operations that are not inactive business operations.

  • Licensed Business means the activities connected with the conveyance of

  • Micro Business means a company which either:

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Business location means a location where the firm carries out an activity that requires registration, and includes a residence if regular and ongoing activity that requires registration is carried out from the residence or if records relating to an activity that requires registration are kept at the residence;

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Excluded Business has the meaning set forth in Section 6.10.

  • Radiation area means any area, accessible to individuals, in which radiation levels could result in an individual receiving a dose equivalent in excess of 0.05 mSv (0.005 rem) in 1 hour at 30 centimeters from the source of radiation or from any surface that the radiation penetrates.

  • Qualified business means an eligible business that:

  • 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;

  • Core Business means any material line of business conducted by the Borrower and its Subsidiaries as of the Closing Date and any business reasonably related or incidental thereto.