AppLogiq Business definition
AppLogiq Business has the meaning set forth in the preamble and also means the business and operations conducted by Logiq and its Subsidiaries prior to the Distribution comprising what is referred to in the Logiq 10-K as the AppLogiq Business segments.
AppLogiq Business means AppLogiq Business and also, with respect to events that take place after the Business Transfer Time, AppLogiq Business as it is operated by Logiq or any of its Subsidiaries after the Business Transfer Time, including any new activities, expansions, or other modifications made by Lova or any of its Subsidiaries in the types and scope of activities conducted at the Business Transfer Time that are exclusively related to a platform (operated as CreateApp), which allows small-to-medium sized businesses (“SMBs”) to establish their point-of-presence on the web.
AppLogiq Business means (a) the operation of an application-based platform which allows SMBs to establish their point-of-presence on the web conducted at any time prior to the Effective Time by either Party or any of their current or former Subsidiaries and (b) any terminated, divested or discontinued businesses, operations and activities that, at the time of termination, divestiture or discontinuation, primarily related to (i) the business, operations or activities described in clause (a) as then conducted or (ii) any other business operations or activities previously conducted as part of the businesses of Logiq and its Subsidiaries, including those set forth on Schedule 1.2.
Examples of AppLogiq Business in a sentence
The Parties shall use the procedures set forth in Article VI to resolve any disputes as to whether any information relates solely to the Logiq Business, solely to the AppLogiq Business, or to both the Logiq Business and the AppLogiq Business.
Lova shall prepare and file (or cause an AppLogiq Entity to prepare and file) all Single Business Tax Returns relating to the AppLogiq Business, and shall pay (or cause such AppLogiq Entity to pay) all Taxes shown to be due and payable on such Tax Returns.
Lova shall, in its sole discretion, be permitted to amend (or cause or permit to be amended) any Single Business Tax Return relating to the AppLogiq Business.