Asian Business definition

Asian Business means the businesses to be operated by the Asian Group after Financial Close, including:
Asian Business means the collective reference to (a) equity owned in, and the assets and liabilities of (including the operations being conducted by), Bloomin Hong Kong Limited and its Subsidiaries, (b) equity owned in, and the assets and liabilities of (including the operations being conducted by), Outback Steakhouse Japan Co., Ltd. and its Subsidiaries, (c) equity owned in, and the assets and liabilities of (including the operations being conducted by), Outback Steakhouse Korea, Ltd. and its Subsidiaries, (d) other assets owned by Holdings, the Borrower or any other Restricted Subsidiary that are directly related to (i) the operation of any of the businesses referred to in the preceding clauses (a), (b) and/or (c) or (ii) operations conducted by any Person in any of the Target Sales Countries, provided that such other assets shall only be included in this clause (d) if a Disposition of such assets would not materially interfere with the business of Holdings, the Borrower and its Restricted Subsidiaries and (e) rights to develop and/or franchise businesses located in the Target Sale Countries, provided, however, that assets and rights described in clauses (d) and (e) of this definition shall only be included in the definition of “Asian Business” to the extent such assets and/or rights are disposed of in connection with the Disposition of any business referred to in clauses (a), (b) and/or (c) above.
Asian Business means the businesses of MagneTek Hong Kong and MagneTek China.

Examples of Asian Business in a sentence

  • Effective as of the Closing for each Asian --------- Business, all employees of such Asian Business will cease to be employees of Bank.

  • From and after the date of this ---------------------- Agreement until the earlier of the Closing for each Asian Business or until this Agreement shall terminate pursuant to Article XI, except as otherwise agreed in writing, Bank will use reasonable commercial efforts (a) to conduct such Asian Businesses in the ordinary course and in a manner consistent with past practices, except as may otherwise be permitted hereby, or (b) as necessary or appropriate to consummate the transactions contemplated hereby.

  • After the Closing for each Asian ------------------ Business, Bank will, at BAMSI's reasonable request and without further consideration, except for reimbursement of out-of-pocket expenses, execute such additional instruments of conveyance and transfer and provide to BAMSI such additional documents as BAMSI may require to effect or evidence the transfer of such Asian Business and related Assets to BAMSI.

  • If this Agreement is terminated, BAMSI will ------------- not, for a period of five years from the date of this Agreement, use in any manner or disclose to any third party any documents or information regarding the Asian Business or the transactions contemplated by this Agreement, without Bank's prior written consent.

  • BAMSI shall obtain, at its own expense, as of the Closing or as soon thereafter as practicable, all permits, licenses or authorizations required by any governmental agency with respect to such Asian Business or related Assets without any guaranty or liability of Bank with respect thereto, except for those permits, licenses or authorizations which can be assigned by Bank at the Closing without the consent of any third party.

  • As a part of the Closing ----------------------------------- for each Asian Business, BAMSI and Bank shall modify the Marketing Agreement and the Administrative Services Agreement to provide for the inclusion of such Asian Business within the provisions thereof on mutually agreeable terms.

  • BAMSI agrees that it will offer employment to every employee of such Asian Business.

  • Bank owns and operates merchant ------------------------------------ processing businesses in Thailand (the "Thailand Business") and the Philippines (the "Philippines Business" and together with the Thailand Business, the "Asian Businesses" and individually, each an "Asian Business"), Taiwan (the "Taiwan Business"), India (the "Indian Business") and South Korea (the "Korean Business").

  • This Agreement and the transactions ----------- contemplated hereby may be terminated as to any Asian Business at any time prior to the Closing therefor and as to any Additional Asian Business (a) by mutual agreement of Bank and BAMSI in writing, or (b) by Bank or BAMSI on or after December 31, 1997, provided that, with respect to any such Asian Business, one or more of the conditions provided in Article IX of this Agreement shall not yet have been fulfilled by December 31, 1997.

  • Bank shall, prior to each Closing ------------------------- for an Asian Business, acquire from its Affiliates and sell, assign, convey or transfer to BAMSI, without additional consideration from BAMSI, and BAMSI shall, at each such Closing, acquire from Bank, subject to transfer at the Closing, all of such Affiliates' right, title and interest, if any, in any of the Assets related to such Asian Business.

Related to Asian Business

  • Micro Business means a company which either:

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

  • 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;

  • 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;

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Licensed Business means the activities connected with the conveyance of

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

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

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

  • Qualified business means an eligible business that:

  • 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.

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

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

  • 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.

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

  • 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.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

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

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

  • Minority Business means a business:

  • Certified business means a business verified as a minority- or women-owned business enterprise pursuant to Section 314 of the Executive Law.

  • Authorized business means 1 of the following: