PROPEL BUSINESS definition

PROPEL BUSINESS has the meaning set forth in the Master Separation Agreement.
PROPEL BUSINESS means the portion of the business conducted immediately prior to the Effective Date, by the Network Management Group of Motorola (for purposes of this Agreement, references to Propel and the Propel Business prior to the Effective Date shall be deemed to mean the business conducted by the Network Management Group), including (i) all business operations whose financial performance is reflected in the Propel Financial Statements, but expressly excluding, for the avoidance of doubt, Motorola's ownership of wireless operating companies in Japan and Honduras, any residual business related to Iridium LLC and any of its Affiliates or related gateway operating companies or Iridium LLC handset sales or support; and (ii) the PCS business in Israel, which as of the Effective Date, shall be known as Wireless Distribution Services.
PROPEL BUSINESS has the meaning ascribed to such term in the Separation Agreement.

More Definitions of PROPEL BUSINESS

PROPEL BUSINESS means (i) the business conducted immediately prior to the Effective Date, by the Network Management Group of Motorola (for purposes of this Agreement, references to Propel and the Propel Business prior to the Effective Date shall be deemed to mean the business conducted by the Network Management Group), including all business operations whose financial performance is reflected in the Propel Financial Statements, but expressly excluding, for the avoidance of doubt, Motorola's ownership of wireless operating companies in Japan, Brazil and Honduras, any residual business related to Iridium LLC and any of its Affiliates or related gateway operating companies or Iridium handset sales or support; and (ii) WDS.