Operating Business Unit definition

Operating Business Unit means a business unit (regardless of whether it is a distinct legal entity or a functional division or group within an existing or future entity) to which market revenues can be attributed, and which has dedicated personnel resources.
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Examples of Operating Business Unit in a sentence

  • Termination without Cause shall include requiring Executive to move more than 50 miles to execute his position or being assigned responsibilities of a lessor nature than President of an Operating Business Unit.

Related to Operating Business Unit

  • Business Unit means the assets constituting the business or a division or operating unit thereof of any Person.

  • Remaining Business means all IAC Businesses other than the Spun Businesses.

  • Doing business means engaging in any activity, whether legal or illegal, that is conducted

  • 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.

  • Qualifying business means a business which establishes a qualifying project in this state and which is certified by the Department of Economic Opportunity to receive tax credits pursuant to this section.