Disposed Entity or Business definition

Disposed Entity or Business shall have the meaning provided in the definition of the term Consolidated EBITDA.
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Disposed Entity or Business means an entity the subject of a Business Disposal (and for such purpose, where the subject of a Business Disposal is a business, such business shall be deemed to constitute a separate legal entity and cease to be a Group Company upon the date of closing or consummation of such Business Disposal, and such separate legal entity shall be an "Disposed Entity or Business", and the definition of "Consolidated EBITDA" shall apply accordingly).
Sample 1
Disposed Entity or Business means any group of business assets and properties, or any Person owning a group of business assets and properties, that (i) are sold or otherwise disposed of by the Company or any of its subsidiaries after the date hereof, and (ii) generated EBITDA during the 12 months most recently ended at the date of disposition in excess of $3,000,000.
Sample 1

Related to Disposed Entity or Business

  • Sold Entity or Business has the meaning specified in the definition of the term “Consolidated EBITDA.”

  • Acquired Entity or Business has the meaning specified in the definition of the term “Consolidated EBITDA.”

  • Disposed EBITDA means, with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or Converted Unrestricted Subsidiary (determined as if references to the Borrower and the Restricted Subsidiaries in the definition of Consolidated EBITDA were references to such Sold Entity or Business or Converted Unrestricted Subsidiary and its respective Subsidiaries), all as determined on a consolidated basis for such Sold Entity or Business or Converted Unrestricted Subsidiary, as the case may be.

  • Active Trade or Business means the active conduct (determined in accordance with Section 355(b) of the Code) of the business conducted by the WRECO Group members. For these purposes, members shall include only those members that are part of WRECO’s “separate affiliated group” within the meaning of Section 355(b)(3)(B) of the Code.

  • Similar Business means any business conducted or proposed to be conducted by the Issuer and its Restricted Subsidiaries on the Issue Date or any business that is similar, reasonably related, incidental or ancillary thereto.

  • Pro Forma Entity has the meaning given to such term in the definition of “Acquired EBITDA.”

  • Controlled unaffiliated business means a company:

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Primary sector business means an individual, corporation, limited liability company,

  • Consolidated Net Assets means Consolidated Assets after deduction of Consolidated Current Liabilities.

  • Restricted Business has the meaning set forth in Section 6.7(a).

  • Consolidated EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period:

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Minority Business means a business:

  • Material Disposition means any Disposition of property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $1,000,000.