Unrelated Business definition

Unrelated Business means insurance business consisting of insuring risks of persons who are not shareholders in, or affiliates of, the insurer.
Unrelated Business means any business other than the Line of Business.
Unrelated Business means any business not of the same general type now conducted by the Company and its Restricted Subsidiaries.

Examples of Unrelated Business in a sentence

  • I certify that making this investment will not constitute a prohibited transaction and that it complies with all applicable federal, state, and local laws, regulations and requirements.I understand that my account is subject to the provisions of IRC §§511-514 relating to Unrelated Business Taxable Income (UBTI) of tax-exempt organizations.

  • UBTI: The IRA Owner acknowledges that the IRA is subject to the provisions of Internal Revenue Code Sections 511-514 relating to Unrelated Business Taxable Income (UBTI) of tax-exempt organizations.

  • Total Unrelated Business Taxable Income1 Total of unrelated business taxable income computed from all unrelated trades or businesses (seeinstructions) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~2 Reserved ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~3 Add lines 1 and 2 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~4 Charitable contributions (see instructions for limitation rules) ~~~~~~~~~~~~~~~~~~~~~~~~~~5 Total unrelated business taxable income before net operating losses.

  • Unrelated Business Income Tax: I understand that my account is subject to the provisions of IRC Sections 511-514 relating to Unrelated Business Taxable Income (UBTI) of tax-exempt organizations.

  • The Depositor acknowledges and agrees that the Custodial Account is subject to the provisions of Internal Revenue Code Sections 511-514 relating to Unrelated Business Taxable Income (UBTI) of tax-exempt organizations.


More Definitions of Unrelated Business

Unrelated Business means any business engaged in by the Corporation that, at the time of Investment, does not:
Unrelated Business means a business that (i) does not operate in one or more businesses conducted by the Company or any of its subsidiaries or (ii) is not related or complimentary to one or more of such businesses.
Unrelated Business means all of the businesses and operations ------------------ of Minerals and its Affiliates, other than the Business.
Unrelated Business means any business not of the same general type now conducted by the Company and its Subsidiaries.
Unrelated Business shall have the meaning specified in Section 8.2.10 [Continuation of or Change in Business].
Unrelated Business means the business of engaging in the design, manufacture, promotion, distribution and sale of consumer products which are not related to either the Cycling Business or Fitness Business. Examples of Unrelated Business include, without limitation, casual clothing and footwear, hats, coolers, snowboards, wakeboards, water toys and other products which are associated neither with the Cycling Business nor the Fitness Business.
Unrelated Business has the meaning set forth in Section 5.1(c).