Principal Business Unit definition

Principal Business Unit means the Business conducted through offices in the United States of America.
Sample 1
Principal Business Unit means each of the divisions of USI set forth in Schedule IV hereto.
Sample 1
Principal Business Unit means a principal operating business of the Company. As of the date hereof, the Principal Business Units are the natural gas liquids business unit and the power generation business unit.
Sample 1

Examples of Principal Business Unit in a sentence

  • As soon as available and in any event within 21 days after each monthly reporting period, a Consolidated balance sheet, Consolidated income statement and Consolidated cash flow statement for USI and its Subsidiaries as well as consolidating balance sheets, income statements and cash flows, each prepared in accordance with GAAP for the month and year-to-date periods then ended, including by each Principal Business Unit.

  • To the extent that the conditions for a Closing of one or more Business Units other than the Principal Business Unit can be satisfied at the time of the Principal Closing such other Business Units shall be sold (and such other Closings shall be consummated) concurrently with the Principal Closing.

  • The Licenses set forth on SCHEDULE 3.10 (together with Licenses for the Principal Business Unit and the Sao Paolo and Manila representative offices) constitute all of the Licenses that are necessary for the conduct of the Business as the Business is conducted as of the date hereof, except in each case for municipal or county business licenses and similar local licenses obtainable as a matter of right upon payment of a fee.

  • With respect to Business Units other than the Principal Business Unit, the Parties agree to use reasonable best efforts to satisfy the conditions set forth in Sections 6.2 and 7.2 that are within their respective control as promptly as possible and in no event later than March 31, 2006 (the "Outside Business Unit Closing Date").

  • The approvals and consents of any Person other than a Governmental Authority with respect to the Principal Business Unit set forth on SCHEDULE 3.19 and SCHEDULE 4.5 shall have been received or deemed received, in each case without any unreceived approvals or consents, or conditions, restrictions or limitations imposed on such consents, which in the aggregate would materially impair the ability of Purchaser to perform its obligations under this Agreement and the Related Agreements.

  • Any outstanding stock options, restricted stock awards, phantom stock and other equity-based awards previously granted to a Participant shall immediately vest upon a Change in Control involving a Participant’s Principal Business Unit (but only with respect to Principal Business Unit Participants) or, in the alternative, a Change in Control involving Dynegy Inc.

  • No Business Employee associated with a Business Unit (other than the Principal Business Unit) holds a professional License used in connection with the Business.

  • SCHEDULE 3.10 sets forth each License of Sellers (other than those exclusively associated with the Principal Business Unit and the Licenses for the Sao Paolo and Manila representative offices) as of the date hereof and as of the Closing (as Updated as of the Closing).

  • Each Closing shall be effective as of (i) 12:01 a.m., Pacific Time, with respect to the Principal Closing, and (ii) 12:01 a.m. local time at the location of the applicable Business Unit (for such purposes, the Principal Business Unit shall be deemed to be located in New York, New York), with respect to each other Closing (the "Effective Time").


More Definitions of Principal Business Unit

Principal Business Unit means each of Cineplex's Canadian Theatre Division and U.S. Theatre Division; (iv) any person or group of persons acting jointly or in concert (including any persons deemed to be an "offeror" or "beneficial owner" of securities of Cineplex for the purposes of the Securities Act (Ontario) or the Securities Exchange Act, 1934) (hereinafter, a "Person or Group") acquire or are deemed (by or under applicable legislation) to acquire a number of common shares of Cineplex greater than the number of common shares held by the Claridge Group and, at any meeting of shareholders at which directors are elected held within three years of such event, any of the nominees for election to the Board named by the Board in the management proxy circular are not elected to the Board; (v) Cineplex's head office activities shall be relocated to a place other than the Municipality of Metropolitan Toronto; and/or (vi) a Person or Group acquires or are deemed (by or under applicable legislation) to acquire shares of Cineplex entitled to 20% or more of the then outstanding votes and, as a consequence thereof, the scope and dignity of your services cease to be comparable to the scope and dignity of the services which you were performing as at July 4, 1996, including, without limitation, in any particular respect referred to in the third paragraph of Section 1. In this Section 9A, "Claridge Group" means, collectively, Cxxxxxx X. Xxxxxxxx, E. Lxx Xxxxxx and The Cxxxxxx X. Xxxxxxxx Trust and their respective associates (as defined in the Securities Act (Ontario)). (c)
Sample 1
Principal Business Unit has the meaning specified in Schedule IV hereto.
Sample 1

Related to Principal Business Unit

  • Principal Business means the primary activity as determined by analyzing the amount of capi- tal, labor, time, attention, and floor space devoted to each business activity and by analyz- ing the sources of net income and gross income. The name, appearance, and advertising of the entity may also be taken into consideration if they are given less weight.

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

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

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

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

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • Principal activities means activities authorized by the license which are essential to achieving the purpose(s) for which the license was issued or amended. Storage during which no licensed material is accessed for use or disposal and activities incidental to decontamination or decommissioning are not principal activities.

  • 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.

  • Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is:

  • 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 —

  • Additional Business Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Initial Business Plan means the business plan to be provided by the Franchisee to the Secretary of State as described in paragraph 2.1 of Schedule 13 (Information and Industry Initiatives);

  • Remaining Business means whichever of the Operating Systems Business and the Applications Businesses is not transferred to a separate entity pursuant to the Plan.

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

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

  • 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.

  • Nuclear fuel cycle-related research and development activities means those activities which are specifically related to any process or system development aspect of any of the following: - conversion of nuclear material, - enrichment of nuclear material, - nuclear fuel fabrication, - reactors, - critical facilities, - reprocessing of nuclear fuel, - processing (not including repackaging or conditioning not involving the separation of elements, for storage or disposal) of intermediate or high-level waste containing plutonium, high enriched uranium or uranium-233, but do not include activities related to theoretical or basic scientific research or to research and development on industrial radioisotope applications, medical, hydrological and agricultural applications, health and environmental effects and improved maintenance.

  • special business means all business transacted at a special meeting of shareholders and all business transacted at an annual meeting of shareholders, except consideration of the financial statements, auditor's report, election of directors and reappointment of the incumbent auditor;

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • 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.

  • Student Growth means the change in student growth between two points in time.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Unitary business means one or more related business organizations engaged in business activity both within and outside the State among which there exists a unity of ownership, operation, and use; or an interdependence in their functions.

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • Competitive Business Activity means:

  • Annual Business Plan means the business plan for the next calendar year made by Party A in accordance with this agreement prior to November 30 every year with the assistant of Party B.