Patriot Business definition

Patriot Business means the business comprised of the Patriot Assets and the Patriot Liabilities.

Examples of Patriot Business in a sentence

  • Patriot acknowledges and agrees that PEC may, after the Effective Time, delete or cause to be deleted any Information which does not relate to the Patriot Business which is contained in, stored in or accessible through any Software provided to Patriot under the Software License Agreement, the Transition Services Agreement or otherwise.

  • The Patriot Group shall be responsible for and pay the 2007 annual incentive awards of PEC Employees who become Patriot Employees in connection with the Distribution and for whom the 2007 annual incentive award liability resides with an entity that operates the Patriot Business (as listed in Exhibit A to the Separation Agreement).

  • The Patriot Group shall fund and deposit into the Patriot 401(k) Plan the 2007 performance contributions on behalf of PEC Employees who become Patriot Employees in connection with the Distribution and for whom the performance contribution liability resides with an entity that operates the Patriot Business (as listed in Exhibit A to the Separation Agreement).

  • The cost of the prepayment included a penalty of $7,000.In July 2013 the Company sold 15.18 acres of land at Patriot Business Park for a sales price of $4,775,000 resulting in a gain of $341,000 before income taxes.

  • Patriot Business Park in Prince William County, Maryland contains 117,600 square feet of office space on 10 acres which is 100% occupied.

  • The site is strategically located within one half mile of the intersection of I-66 and the Prince William Parkway (Route 234) and will be named "Patriot Business Center".

  • Patriot Business Park in Prince William County, Virginia consists of four warehouse/office buildings totaling 476,448 square feet.

  • The Company resumed development of Patriot Business Park effective April 1, 2012 due to two recent developments.

  • Patriot Business Park in Prince William County, Maryland consists of three warehouse/office buildings totaling 373,000 square feet.

  • For the avoidance of doubt, the Patriot Group shall be responsible for the retiree medical benefits of former employees who were employed by an entity that operates the Patriot Business (as listed in Exhibit A to the Separation Agreement), other than retiree healthcare benefits of former employees of Peabody Coal Company, LLC under the Peabody Investments Corp.

Related to Patriot Business

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Company Business means the business of the Company as presently conducted.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Trust business means the business of acting as trustee, executor or administrator;

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

  • Micro Business means a company which either:

  • Target Business means any businesses or entity with whom the Company wishes to undertake a Business Combination;

  • Authorized business means 1 of the following:

  • Excluded Business has the meaning set forth in Section 6.10.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Business has the meaning set forth in the Recitals.

  • Qualified business means an eligible business that:

  • Licensed Business means the activities connected with the conveyance of

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.