Borrower Business definition

Borrower Business means certain of QUALCOMM's joint venture and equity interests in terrestrial-based wireless telecommunications operating companies, together with certain other assets and related liabilities, including significant funding obligations, to be transferred from QUALCOMM to Borrower, all as more fully described in the Separation and Distribution Agreement.
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Borrower Business means, a curated social media website business.
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Borrower Business means the business engaged in by Borrower and the Borrower Subsidiaries, which is comprised of mineral exploration, mine development and land purchase and related business and business activities incidental thereto, including, but not limited to, the SWVP-018512 - 4 - 79351-0004/LEGAL23242297.11 establishment of a captive insurance business which Borrower may, directly or through any Borrower Subsidiary, establish for purposes of funding any environmental, reclamation or other related or similar liabilities incurred in connection with the Project.
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Examples of Borrower Business in a sentence

  • In the event of default by the Borrower, Business is authorized to immediately disburse from the deposit all sums then due Business or any third party.

  • Re: Unsettled Balance This amendment to Borrower Business Loan Agreement “Amendment” is made as of 6/9/2016 between BofI Federal Bank (the “Lender”), Quick Bridge Funding, LLC, a California limited liability Company and Shear Transportation, Inc.


More Definitions of Borrower Business

Borrower Business has the meaning specified in Section 6.1(y).
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Borrower Business means any business in which the Borrower or any Restricted Subsidiary was engaged on the Effective Date, or any business related or ancillary to any business or industry in which the Borrower or any Restricted Subsidiary was engaged on the Effective Date.
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Borrower Business means the business of industrial hemp origination, toll processing, sales, marketing, commodities, co-products management, and related products and services. Borrower Disclosure Schedule shall mean the disclosure schedule set forth in Schedule 3.1.
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Related to Borrower Business

  • Other Business(es means any business activity we or our Affiliates engage in, other than the licensing of the Hotel.

  • Former Business means any corporation, partnership, entity, division, business unit, business or set of business operations that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (other than solely in connection with the Restructuring), in whole or in part, or the operations, activities or production of which has been discontinued, abandoned, liquidated, completed or otherwise terminated, in whole or in part, in each case, by either Group prior to the Distribution Time.

  • Business has the meaning set forth in the Recitals.

  • Other Business means business of the Licensee other than the Licensed Business;

  • Borrower Party Affiliate With respect to a borrower, a mortgagor, a manager of a Mortgaged Property or a restricted mezzanine holder, (a) any other person controlling or controlled by or under common control with such borrower, mortgagor, manager or restricted mezzanine holder, as applicable, (b) any other person owning, directly or indirectly, 25% or more of the beneficial interests in such borrower, mortgagor or manager, as applicable, or (c) any other person owning, directly or indirectly 25% or more of the beneficial interests in such restricted mezzanine holder. For the purposes of this definition, “control” when used with respect to any specified person means the power to direct the management and policies of such person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Micro Business means a company which either:

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.

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

  • Parent Borrower as defined in the preamble hereto.

  • Borrower Products means all products, software, service offerings, technical data or technology currently being designed, manufactured or sold by Borrower or which Borrower intends to sell, license, or distribute in the future including any products or service offerings under development, collectively, together with all products, software, service offerings, technical data or technology that have been sold, licensed or distributed by Borrower since its incorporation.

  • Minority Business means a business:

  • Borrower Parties means the collective reference to the Borrower and the Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Borrower Affiliate shall have the meaning set forth in the Lead Securitization Servicing Agreement; provided that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer to a “Borrower Affiliate” as defined in the related Non-Lead Securitization Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions and transactions related or incidental thereto.

  • Borrower Party means any one of them.

  • Borrower as defined in the preamble hereto.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Regulated Subsidiary means any Subsidiary of the Company so long as such Subsidiary is (a) a Broker-Dealer Subsidiary or (b) otherwise subject to regulation by any Governmental Authority and for which the incurrence of Indebtedness (including Guarantees) or the granting of Liens with respect to its assets would be prohibited or restricted or would result in a negative impact on any minimum capital or similar requirement applicable to it, in any case, as set forth in any rule or regulation of such Governmental Authority.

  • Finance Subsidiary means, with respect to any Person, any Subsidiary of such Person which is primarily engaged in leasing or financing activities including (a) lease and purchase financing provided by such Subsidiary to dealers and consumers, (b) leasing or financing of installment receivables or otherwise providing banking, financial or insurance services to the Company and/or its affiliates or others or (c) financing the Company’s and/or its affiliates’ operations.

  • Similar Business means any business conducted or proposed to be conducted by the Issuer and its Restricted Subsidiaries on the Issue Date or any business that is similar, reasonably related, incidental or ancillary thereto.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • 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;

  • Microbusiness means a licensee that may act as a cannabis

  • Consolidated Subsidiary means at any date any Subsidiary or other entity the accounts of which would be consolidated with those of the Borrower in its consolidated financial statements if such statements were prepared as of such date.

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