Stake Business definition

Stake Business means the business carried on by Stake as of the date hereof, consisting of the sale of abrasives and industrial materials and recycling inorganic material and the development and commercialization of a proprietary steam explosion technology for the processing of biomass into higher value products and the business consisting of value-added agricultural products;
Sample 1

Examples of Stake Business in a sentence

  • The Stake Business is conducted in substantial compliance with all applicable laws, rules and regulations of each jurisdiction in which the Stake Business is carried on and with all applicable orders, judgments and decrees by which Stake is bound and is not in material breach of any such laws, rules, regulations, orders, judgments and decrees.

  • Stake has good and marketable title to all the Assets used in the Stake Business including, without limitation, all the properties and Assets reflected on the balance sheet forming part of Stake's Financial Statements, except as indicated in the notes thereto, or Stake Permitted Encumbrances.

  • The books and records of Stake fairly and correctly set forth and disclose in all material respects, in accordance with Generally Accepted Accounting Principles and all applicable laws and regulations, the financial position of Stake as at the date hereof and all material financial transactions relating to the Stake Business have been accurately recorded in such books and records.

  • Stake has all necessary corporate power and authority to own or lease its property and Assets and to carry on the Stake Business and is duly qualified, licensed or registered to carry on the Stake Business and is in good standing in all jurisdictions in which the nature of the Stake Business or the property owned or leased by it makes such qualification, licensing or registration necessary.

  • All inventories of Stake (including raw materials, finished goods, spare parts and supplies) reflected in Stake's Financial Statements or thereafter acquired and not subsequently disposed of in the ordinary course of business are merchantable and fit for the specific purpose for which they are to be used at levels sufficient for the continuation of the Stake Business in the ordinary course and Stake will continue to maintain adequate levels of inventories to carry on its business in the ordinary course.

Related to Stake Business

  • 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 —

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Company Business means the business of the Company as presently conducted.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Licensed Business means the activities connected with the conveyance of

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

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

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.

  • Competing Business means any business, individual, partnership, firm, corporation or other entity which wholly or in any significant part engages in any business competing with the Business in the Restricted Area. In no event will the Company or any of its affiliates be deemed a Competing Business.

  • Remaining Business means all IAC Businesses other than the Spun Businesses.

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

  • Minority Business means a business:

  • 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.