Excluded Businesses. The STARS Digest does not include any information on taxpayers that is not provided by the State Comptroller to the City.
Excluded Businesses. Buyer and Seller each acknowledge and agree that the transfer of the Business, including the transfer of the Acquired Assets, Designated Employees and assumption of the Assumed Liabilities, in each of the Local Transfer Jurisdictions (the Business in any such jurisdiction, an “Excluded Business”) shall not be effectuated by this Agreement, but instead shall be effectuated subject to and in accordance with the Local Transfer Agreement applicable to such jurisdiction and the following:
Excluded Businesses. Nothing in this Agreement shall be construed to create an obligation on the part of NTS to sell, or on the part of STB to purchase or make any payment whatsoever in respect of, NTS' existing or contemplated business consisting of non-bank services including but not limited to check cashing, location/property leases, etc. (the "Excluded Business").
Excluded Businesses. After completion of the Reorganisation as detailed in “History, reorganisation and corporate structure – corporate reorganisation” in this document, apart from our Group, our Controlling Shareholders also maintain controlling interests in Yuhangren High-Tech and its subsidiaries including Yuhangren Cosmetics and Yuhangren Pharmaceuticals (collectively, the “Remaining Yuhangren Group”), and the businesses engaged by the Remaining Yuhangren Group principally include (i) the production and sale of sea-buckthorn cosmetic and pharmaceutical products; (ii) the direct selling of products including sea-buckthorn health supplements produced by us under the Entrusted Production Arrangement (as defined below); and (iii) the direct selling of other sea-buckthorn products produced by us, such as beverages and sacheted puree, as our distributor (collectively, the “Excluded Businesses”). As at the Latest Practicable Date, our Controlling Shareholders collectively held approximately 54.61% of the total equity interest of Yuhangren High-Tech. Relationship between the Core Business and the Excluded Businesses The Core Business had both sales and purchase transactions with the Excluded Businesses during the Track Record Period. For FY2021, FY2022 and FY2023, (i) our sales to the Remaining Yuhangren Group amounted to approximately RMB3.5 million, RMB7.5 million and RMB12.7 million, respectively, accounting for approximately 2.4%, 4.0% and 5.8% of our total revenue, respectively; and (ii) our purchases from the Remaining Yuhangren Group amounted to approximately RMB1.7 million, RMB0.4 million and RMB1.0 million, respectively, accounting for approximately 2.6%, 0.2% and 1.1% of our total purchases, respectively. Whilst the Core Business continues to have transactions with the Excluded Businesses after completion of the Reorganisation, there has been some changes as to how the Core Business operates and interacts with the Excluded Businesses as a result of the Reorganisation as discussed below. The following diagram summarises how the Core Business operated and interacted with the Excluded Businesses during the Track Record Period and prior to the Reorganisation: (Note 1) (Notes 2A & 2B) (Note 5) (Note 7) Other customers of the Excluded Businesses Yuhangren Cosmetics and Yuhangren Pharmaceuticals(Note C) Independent customers of the Core Business (Note 6) Direct selling customers Yuhangren High-Tech Inner Mongolia Branch(Note B) The Core Business(Note A) (Note 3) The Excluded Bu...
Excluded Businesses. Excluded Businesses" means the businesses of Rugby USA or any Rugby USA Subsidiary conducted at each of the locations listed below:
Excluded Businesses. (a) The Purchase Agreement is hereby amended by replacing the words “on which any Excluded Business is transferred (the “Local Transfer Date”) pursuant to the applicable Local Transfer Agreement” with “on which the relevant Deferred U.K. Company is transferred (the “Local Transfer Date”)” in the first sentence of Section 6.12(a).
Excluded Businesses. As and when requested by any party, the other parties shall execute and deliver, or cause to be executed and delivered, all such documents and instruments and shall take, or cause to be taken, all such further or other actions, as such other party may reasonably deem necessary or desirable to transfer the Excluded Businesses, any assets or liabilities related thereto, and any employees of the Company whose services are related primarily thereto, from the Company to the Sellers, CIMA or LE.
Excluded Businesses. Prior to the Closing and as specifically set forth in the Asset Transfer Agreement, the following businesses shall be excluded from the Company (collectively, the "Excluded Businesses"):
Excluded Businesses. Notwithstanding anything contained in Section I or II above, each of the following (each an "Excluded Business") shall be excluded from the scope of the Partnership's business and the Partnership shall not engage in any of the Excluded Businesses without a Unanimous Partner Vote:
Excluded Businesses. For the avoidance of doubt, the transactions contemplated by this Agreement do not include the sale or transfer of the equity or businesses of any Affiliate of the Sellers, including MC Title, LLC and MC Mortgage 2, LLC, other than the Company and its Subsidiaries, including the assets exclusively used by such businesses or any liabilities arising from such businesses (the “Excluded Businesses”).
