Wireline Business definition

Wireline Business means the business and operations conducted by the Wireline Group as of the Distribution Time, as more fully described in the Information Statement.

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Wireline Business means the assets and liabilities primarily relating to the U.S. long-haul fiber network (including the non-U.S. extensions thereof) and certain other assets and liabilities of the Guarantor and its subsidiaries, substantially as set forth in the Purchase Agreement.

Wireline Business shall have the meaning provided to it in the Ruling Request filed by NTELOS on March 23, 2011.

Examples of Wireline Business in a sentence

Wireline shall be responsible for any and all Federal Other Taxes attributable to the Wireline Business.
Wireline shall be responsible for any and all State Other Taxes attributable to the Wireline Business.
The following is a summary of terms regarding certain major business points which would be incorporated in a lease agreement (the “Lease”) between an Affiliate of Sellers (“Tenant”) andBuyer (“Landlord”) as to the Heber Springs, Arkansas service facility used the Wireline Business (the “Leased Premises”).
The unaudited pro forma condensed combined financial information presents the combination of the historical results of the Company and the Wireline Business after giving pro forma effect to the Transaction as described herein.
The preliminary allocation of the purchase price to the acquired assets and assumed liabilities of the Wireline Business was based upon the preliminary estimate of fair values.
Based on the Seller’s estimates of the Purchase Price Adjustment components, including an estimated $43.4 million of cash and cash equivalents (for purposes of funding the international operations of the Wireline Business), the Purchase Price Adjustment resulted in the Buyer making a payment to the Seller of approximately $61.1 million on the Closing Date (such amount, the “Estimated Purchase Price”).
The unaudited pro forma condensed combined financial information may differ from the final purchase accounting for a number of reasons, including the fact that the estimates of fair values of assets acquired and liabilities assumed of the Wireline Business are preliminary and subject to change when the formal valuation and other studies are finalized.
The unaudited pro forma condensed combined statement of operations for the year ended December 31, 2022 combines the historical statements of operations of the Company and the Wireline Business for such period on a pro forma basis as if the Transaction had been consummated on January 1, 2022.
For clarification, the foregoing exclusions are not intended to supersede (x) each Provider’s overall obligation to provide, or cause its Third Party Service Providers to provide, the Services in a manner consistent in all material respects with that provided by or to the Wireline Business or Business, as applicable, in the six-month period immediately prior to Signing, or (y) each Provider’s obligations set forth in Section 1.01(c).
For the preliminary estimate of fair values of the assets acquired and liabilities assumed of the Wireline Business, the Company used publicly available benchmarking information as well as a variety of other assumptions, including market participant assumptions.

More Definitions of Wireline Business

Wireline Business means the business of providing Wireline Exclusive Services.

Wireline Business means Seller B’s business of utilizing electric wireline equipment to provide the following services to customers in the oil and natural gas exploration and production industry: perforating, completion logging, production logging and casing integrity services. For the avoidance of doubt, the Wireline Business does not include (i) any operations outside of the United States, (ii) any operations in the State of California or (iii) plugging and abandonment services.

Wireline Business means the business of the Borrower and its Subsidiaries consisting of (a) local and long distance telephone services, (b) high capacity network services and (c) broadband and dial-up internet services, but excluding, in each such case, any such business of the Borrower and its Subsidiaries in respect of wireless operations.