Technology business means a trade or business that derives the majority of its gross income from the sale or license of products or services resulting from its software development or information technology development, or both. A "technology business" excludes any trade or business that is considered by standard practice as part of the broadcast industry or any telecommunications carrier, as defined in section 269-1, that holds a franchise or charter enacted or granted by the legislative or executive authority of the State or its predecessor governments."
Technology business means a corporation, partnership, limited
Technology business. , as used in this Section, means a
Examples of Technology business in a sentence
Substantially all revenue from the Fabrication Technology business is recognized at a point in time.
The YXY Technology business and result of the sale of the Pharma business is reported within discontinued operations.
The assets and liabilities of the YXY Technology business are reported as held for sale.
Construction contracts The Group enters into long-term construction contracts, mainly for its Building Technology business.
The historical financial statements only reflect those entities which were historically within Parent’s Fabrication Technology segment, in accordance with the management approach adopted in preparation of the Combined Financial Statements of the Fabrication Technology business of Parent.
More Definitions of Technology business
Technology business means, collectively, (a) the technology business segment operated by the Parent and its Subsidiaries which provides proprietary technology licenses, associated engineering services, proprietary equipment and catalysts, primarily for the petrochemical and refining industries, and (b) the engineered products business segment operated by the Parent and its Subsidiaries which provides engineered products for the oil and gas, petrochemical, power generation, water and wastewater, mining and mineral processing industries, and excluding, for the avoidance of doubt, (i) the Xxxxxx Consultants business, (ii) the minority ownership interest in Net Power LLC owned by Xxxxxx Technology LLC and (iii) know-how and intellectual property of the Parent and its Subsidiaries, including its patents, designs, digital infrastructure and service techniques, in each case not primarily used in the ordinary course of the business segments described in (a) and (b), which have been transferred to Xxxxxx Technology and its affiliates pursuant to the Transfer of Proprietary Rights Agreement dated May 10, 2018 between Xxxxxx Technology LLC and X. Xxx Holdings Inc., the Transfer of Propriety Rights Agreement dated May 10, 2018 between McDermott Technology (Americas), Inc., McDermott Technology (US), Inc. and Chicago Bridge & Iron Company and the Transfer of Propriety Rights Agreement dated May 10, 2018 between Xxxxxx Technology LLC, McDermott Technology (Americas), Inc. and McDermott Technology (US), Inc., and otherwise.
Technology business or “Technology Company” means an emerging corporation that has a headquarters or base of operations located in New Jersey, that owns, has filed or has a license to use protected, proprietary intellectual property whose primary business is the provision of a scientific process, product, or service and that employs some combination of the following: highly educated or trained managers and workers, or both, employed in New Jersey who use sophisticated scientific research service or production equipment, processes or knowledge to discover, develop, test, transfer or manufacture a product or service. Examples of fields of active engagement satisfying this definition include: the designing and developing of computing hardware and software; the research, development, production, or provisions of materials with engineered properties created through the company’s development of specialized processing and synthesis technology; and the research, development, production or provision of technology involving microelectronics, semiconductors, electronic equipment and instrumentation, radio frequency, microwave and millimeter electronics, and optical and optic- related electrical devices, or data and digital communications and imaging devices.
Technology business means a trade or business that derives the majority of its revenue from software development, information technology, or both.
Technology business means the business proposed to be carried on by ETI to develop, operate, market and license products and systems utilizing the Technology;
Technology business means that portion of the emerging business segment of ConocoPhillips as described in ConocoPhillips’ Annual Report on Form 10-K for the period ended December 31, 2011, that primarily relates to the Refining and Marketing Business, Chemicals Business or Midstream Business, including the research and development of advanced hydrocarbon processes, energy efficiency technologies, new petroleum-based products, renewable fuels and carbon capture and conversion technologies, and that is not a business identified by company codes on Schedule 1.1B.
Technology business means a trade or business that relies on software development, information technology, or both.
Technology business means a trade or business that derives the majority of its revenue gross income from the sale or license of products or services resulting from its software development or information technology development, or both.