Trade or Business Sample Clauses

Trade or Business. Neither the Parent nor the Buyer have a current intent to substantially discontinue the trade or business of the Company.

Trade or Business. To use the leased Premises for the purpose of the Tenant carrying on business as and not to carry on or permit to be carried on therein any other trade or business without the consent in writing of the Landlord;

Trade or Business. If a non-U.S. Holder is engaged in a trade or business in the United States, and if interest on the debt securities or gain realized on the sale, exchange or other taxable disposition (including a retirement or redemption) of the debt securities is effectively connected with the conduct of such trade or business, the non-U.S. Holder generally will be subject to regular U.S. federal income tax on such income or gain in the same manner as if the non-

Trade or Business. The Distribution Trustee will not at any time, on behalf of the Distribution Trust or the Beneficiaries, operate as a business entity within the meaning of Treasury Regulations section 301.7701-2, or engage in any trade or business as proscribed by Treasury Regulations section 301.7701-4(d), and the Distribution Trustee will not use or dispose of any part of the Distribution Trust Assets in furtherance of any trade or business. Notwithstanding the foregoing, the Distribution Trustee will not be prohibited from engaging in any trade or business for its own account, provided that such activity does not interfere with the Distribution Trustee’s administration of the Distribution Trust.

Trade or Business. No gainful profession, occupation, trade or other nonresidential use shall be conducted in any Residential Unit or upon the Common Area or any portion thereof without the prior approval of the Board. The Board may disapprove such a trade or business in the event that it determines that the trade or business would have a negative impact on the Property, including, without limitation, creating problems related to traffic, parking or security. In determining whether to approve a trade or business conducted in a Residential Unit, the Board shall be provided with detailed information on (i) the type of trade or business and (ii) the activities related thereto that could potentially affect the Property. In the event that the Board approves a certain trade or business (the “Approved Use”), then so long as the activities related to that Approved Use do not materially change from the activities described to and approved by the Board, the Board (whether or not the composition of the Board changes) shall not have the right to disapprove the Approved Use after the date of the original approval, subject to subparagraph (r) below.

Trade or Business. The term ‘‘trade or business’’, when used with reference to self-employment income or net earnings from self-employment, shall have the same meaning as when used in section 162 (relat- ing to trade or business expenses), except that such term shall not include— (1) the performance of the functions of a public office, other than the functions of a public office of a State or a political subdivi- sion thereof with respect to fees received in any period in which the functions are per- formed in a position compensated solely on a fee basis and in which such functions are not covered under an agreement entered into by such State and the Commissioner of Social Se- curity pursuant to section 218 of the Social Se- curity Act; (2) the performance of service by an individ- ual as an employee, other than— (A) service described in section 3121(b)(14)(B) performed by an individual who has attained the age of 18, (B) service described in section 3121(b)(16), (C) service described in section 3121(b)(11), (12), or (15) performed in the United States (as defined in section 3121(e)(2)) by a citizen of the United States, except service which constitutes ‘‘employment’’ under section 3121(y), (D) service described in paragraph (4) of this subsection, (E) service performed by an individual as an employee of a State or a political subdivi- sion thereof in a position compensated sole- ly on a fee basis with respect to fees received in any period in which such service is not covered under an agreement entered into by such State and the Commissioner of Social Security pursuant to section 218 of the So- cial Security Act, (F) service described in section 3121(b) (20), and (G) service described in section 3121(b)(8)(B);