Business Portion definition

Business Portion shall have the meaning set forth in Section 2.3(c).

Business Portion means that portion of the Deposit, in the amount of $100.000, associated with those terms and conditions of this Agreement relating to the Applicant’s Investment and operational role in the Business, such as is reflected in the IIDI approved Business Plan;

Examples of Business Portion in a sentence

If a Shareholder or any of its Affiliates (the “Acquiring Shareholder”) acquires control of a company or business with a Competing Business Portion, it shall offer to sell the Competing Business Portion to the Company at fair market value.
Such arrangement may include subcontracting, sublicensing or subleasing to Purchaser or its designated Affiliate of any and all rights of Seller or its applicable Controlled Affiliate under the Business Portion of such Shared Contract to the extent not prohibited under such Shared Contract.
Such reasonable arrangement may include subcontracting, sublicensing or subleasing to such Purchaser any and all rights of the applicable Seller under such Restricted Asset or Business Portion of a Shared Contract.
Business Portion That portion of the Premises used for the Business including portions also used partly for domestic purposes and detached outbuildings used wholly or partly for the Business.
Tenants Improvements Internal partitioning, tenants improvements, special ceilings, wallpapers and the like and landlords’ fixtures and fittings Your property or for which You are responsible in the Business Portion.

Business Portion has the meaning specified in Section 2.6(a) hereof.

Business Portion shall have the meaning set forth in Section 6.12.

Business Portion means that portion of the Deposit, in the amount of $150,000, associated with those terms and conditions of this Agreement relating to the Applicant’s Investment and operational role in the Business, such as is reflected in the IIDI approved Business Plan;

Business Portion means those areas including shops, restaurants and bars including kitchens, storage, preparation and servery areas, toilets serving the business portion, the conference centre, function and other meeting rooms, the food and beverage facilities located on the pool terrace and bar area, the exclusive right of use of which portions have been granted to the holder of the E class shares;

Business Portion means the reception, administration, storage, managers residential accommodation areas and commercial trading areas;

Business Portion means that portion of the Property excluding the Units reserved for the exclusive use of the Holders of the "B" class shares in the capital of the company, as provider of restaurant, accommodation, conference, banqueting and ancillary facilities and all facilities for that purpose including garages, storerooms, parking bays and the sunset deck;