Specified Business definition

Specified Business means a business of a kind prescribed by the regulations to be a specified business;
Specified Business means the business, operations and activities of the Dividing Company prior to the Division Effective Time to the extent, and only insofar as, arising out of, resulting from or relating to the Specified Policies, including the operation, administration and payment of all claims, including Personal Injury Claims and Property Claims, and recovery of all amounts owed to the Dividing Company under or related to the Specified Policies.

Examples of Specified Business in a sentence

  • Seller is a corporation duly organized, validly existing and in good standing under the laws of Delaware and has all requisite corporate power and authority to own, lease and operate its Assets, and to carry on each Specified Business as currently conducted.

  • Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, each Specified Business has all Governmental Authorizations necessary for the conduct of such Specified Business as currently conducted and such Governmental Authorizations are in full force and effect.

  • Schedule 3.11 of the Seller Disclosure Schedule sets forth, with respect to each Specified Business, each Governmental Authorization issued by the FCC, each Governmental Authorization for the provision of telephony services and each other material Governmental Authorization, in each case Related to such Specified Business.

  • Seller is duly qualified to do business and is in good standing as a foreign corporation in each jurisdiction where the ownership or operation of the Transferred Assets or the conduct of each Specified Business requires such qualification, except for failures to be so qualified or in good standing, as the case may be, that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Since the date of the Most Recent Balance Sheet, Seller and its Affiliates have conducted each Specified Business only in the Ordinary Course, and each Specified Business has not experienced any event, occurrence, condition or circumstance, and, to Seller’s Knowledge, no event, occurrence, condition or circumstance is threatened, other than those that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.


More Definitions of Specified Business

Specified Business means any part of the business of a transferor which is specified or identified in a certificate;
Specified Business means each of the Group 1 Business and the Group 2 Business.
Specified Business means each of the following taken separately:-
Specified Business means the assets of the Issuer and its Subsidiaries constituting a single line of business designated as the Specified Business by the Issuer after the Issue Date, that does not own any assets used or useful in the broadcasting business, including rights granted under FCC licenses, and which are not integral to the Issuer’s over-the-air broadcasting business and, the loss of which, would not impair the Issuer’s ability to make use of its broadcast rights under FCC licenses.
Specified Business means any of the following:
Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal; unconscionable conduct application means an application under section 15F(1).
Specified Business means the business described on Schedule 1.01(F).