Residual Business definition

Residual Business means the Retail Business excluding the NHH Retail Business together with the Wholesale Business

Residual Business has the meaning ascribed thereto in the Master Transaction Agreement.

Residual Business means all businesses undertaken by DFPCL other than the Fertiliser Business and the TAN Business;

Examples of Residual Business in a sentence

• Other normal dividends paid by the Company (including dividends relating to the Residual Business) are referred to as Non-PID Dividends.

• The criteria for obtaining a patent are quite similar all over the world.

• Where an asset used for the Residual Business begins to be used for the Property Rental Business, this will generally constitute a taxable market value disposal of the asset, except for capital allowances purposes.

• Corporation tax will still apply in the normal way in respect of the Residual Business.

• These rules apply to both the Residual Business and the Property Rental Business.(f) Movement of assets in and out of the Property Rental BusinessIn general, where an asset owned by a REIT and used for the Property Rental Business begins to be used for the Residual Business, there will be a tax-free step up in the base cost of the property.

More Definitions of Residual Business

Residual Business means all the undertakings, businesses, activities and operations of the Transferor Company other than the CLG Business Undertaking, including but not limited to the SNC Business;

Residual Business means the business or businesses of which the revenues, costs and assets are not comprised in any Business as agreed between the Director and the Licensee in accordance with Condition 78, as amended from time to time in accordance with that Condition;

Residual Business means all the undertakings, businesses, activities, operations, assets and liabilities of the , other than those covered underDemerged Undertaking.

Residual Business means and refers to Distribution Business Undertaking of PVR Pictures comprising of business, activities and operations pertaining to acquisition of distribution rights for Hindi, English & Other languages films produced by independent third party producers pertaining to Theatrical, Satellite, Home Video, Music, Overseas, DTH and any other suit of rights which may be distributed by the Company across various formats as aforesaid and other

Residual Business means the remaining activities, assets, business, contracts, employees and Liabilities (actual and contingent) of the Demerged Company that are not part of the Telecom Business Undertaking (including the dark fibre purchased by the Demerged Company from third party providers, captive tower infrastructure and the associated registration certificate(s) for infrastructure provider category-I (IP-I)), as may be determined by the Board of the Demerged Company along with the activities, assets, business, contracts, employees and Liabilities (actual and contingent) of the Amalgamating Companies;

Residual Business means TWEAN and all of the businesses, assets and liabilities of TWEAN (whether conducted or owned itself or through direct or indirect divisions, Subsidiaries, joint ventures or other investments), including, without limitation all of the assets and liabilities of TWEAN under the Transaction Agreements, or any of their predecessors or successors, other than the Selected Business (including, without limitation, any assets or liabilities of the Selected Business under the Transaction Agreements). For the avoidance of doubt, references to actions taken by, or to be taken by, the Residual Business shall mean that TWEAN will take such action solely on behalf of and with respect to the Residual Business.

Residual Business means all the assets, liabilities, divisions, businesses, activities and operations of the Demerged Company in its MRO Consultancy Undertaking but not those forming part of the Demerged Undertaking;