Dependent business definition

Dependent business means any business in which the local public officer or any member of the local public officer’s household has an ownership or beneficial interest, individually or combined, amounting to more than a ten percent interest, and during the preceding calendar year the business received from a single source more than $10,000 and more than 50 percent of its gross income.
Dependent business means any entity that is not a part of the Insured Organization but which provides necessary products or services to the Insured Organization pursuant to a written contract. Dependent Business Loss means:
Dependent business means any business in which the public officer

Examples of Dependent business in a sentence

  • Reputation protection, Operational error or Dependent business interruption.

  • Your own losses, Operational error, Dependent business interruption or Reputation protection f.ii.

  • Dependent business company A business company is a dependant business company if another dominant company has more than twenty percent of the voting shares of stock.

  • By law, the Passaic Board of Education must notify you that it grants or denies a request for access to government records within seven business days after the custodian of the record requested receives the request, provided that the record is currently available and not in storage.

  • Business income loss and Dependent business income loss Business income loss and dependent business income loss will be calculated on an hourly basis based on the actual business income loss and dependent business income loss the Company sustains during the time period in which the Company’s computer system is affected by the interruption of service.


More Definitions of Dependent business

Dependent business means any entity that is not a part of the Fund Member but provides necessary products or services to the Fund Member under a written contract.
Dependent business means any business in which the local public officer or any member of his household has an ownership or beneficial interest, individually or combined, amounting to more than a TEN PERCENT (10%) INTEREST, AND DURING THE PRECEDING CALENDAR YEAR THE BUSINESS RECEIVED FROM A SINGLE SOURCE MORE THAN TEN
Dependent business means any third party service provider that provides hosted computer application services to the insured or processes, maintains, hosts or stores the insured's electronic data, pursuant to written contract with the insured for such services.
Dependent business means any third party, other than a Service Provider, on whom You depend for products and/or services required to conduct Your business.
Dependent business means any third party service provider that provides hosted computer application services to the Named Insured or processes, maintains, hosts, or stores the Named Insured’s electronic data, pursuant to written contract with the Named Insured for such services.
Dependent business means any business in which the public officer or any member of his household has an ownership or beneficial interest, individually or combined, amounting to more than a ten per cent interest, and during the preceding calendar year the business received from a single source more than ten thousand dollars and more than fifty per cent of its gross income.
Dependent business means any entity you rely on to conduct operations pursuant to a written contract.