Property Business definition

Property Business means the business and assets of the property division of HIL;

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Property Business means any property coverages of the type underwritten by the Company or any of its Affiliates as a reinsurer or retrocessionaire during the Employment Term. Anything to the contrary notwithstanding, it shall not be a violation of this Section 5.2 for the Executive to (i) own or acquire less than 5% of a publicly-traded entity or 1% of a private entity, (ii) serve as a member of the board of directors or on the advisory board of any entity on which the Executive was serving prior to the Termination Date or (iii) provide services to a subsidiary, division or affiliate of a business or entity engaged in the Property Business if (a) such subsidiary, division or affiliate is not itself engaged in the Property Business, and (b) such business’ or entity’s Property Business is not materially competitive with the Property Business of the Company or any of its Affiliates.

Examples of Property Business in a sentence

Licensee hereby undertakes to carry out police verification of its employees and submit the copy of same to Property Business Wing of DMRC in accordance with DMRC’s policies regulations prevalent at that time.
The Property Business space shall be provided to Licensee on license basis for a period of 09 Years.
If any augmentation to the existing civil utilities such as toilets, drainage, sewer and water supply system etc becomes necessary within the proposed Property Business spaces, it shall be done by licensee at their cost subject to prior approval of Maha-Metro.
The Grace period for Property Business Space shall be 30 (Thirty) days.
Subsequent to the Moratorium Period, to utilise the licensed space, at its own costs and risk, for carrying out activities stated at Annexure – 2 : Usage of the Property Business Space during the License Period on the terms and conditions stated herein and derive income from it.
For Lucent: Contract Administrator Intellectual Property Business Lucent Technologies Inc.
However, in case the licensee fails to take-over the possession of the Property Business space within the date stipulated by Maha-Metro, the effective date shall be deemed to have commenced from the date of signing of License Agreement, irrespective of date of actual handing over of the Property Business space.
Attention: Contract Administrator Intellectual Property Business ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
Includes Real & Personal Property, Business Interruption, Boiler & Machinery and Transit Property - Replacement Cost (generally) Business Interruption - Actual Loss Sustained 7/1/2005 7/1/2006 Travelers KTJ-CMB-123D544-4-04 * Property - Excess Earthquake California Earthquake Property - Replacement Cost (generally) Business Interruption - Actual Loss Sustained 7/1/2005 7/1/2006 Insurance Company of the West XCH206202402 * National Flood ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇.
All Property Business spaces offered on license basis are available on “as is where is basis”.

More Definitions of Property Business

Property Business means a Schedule A business or an overseas property business;

Property Business means any of the following:

Property Business means insurance which is classified in the NAIC form of annual statement as Fire, Allied Lines, Farmowners Multiple Peril (Section I), Homeowners Multiple Peril (Section I), Commercial Multiple Peril (Section I including Section I of Business Owners and the Property section of Contractors Coverall), Inland Marine, and Automobile Physical Damage (including collision, water damage, fleet dealers' REVISED: 10/4/02 No. 2521-0031 and garagekeepers' legal liability) except those lines specifically excluded in the EXCLUSIONS Article.