Conduit Business definition

Conduit Business means the business of investing in, holding and disposing of Conduit Bonds, beneficial ownership interests in Bonds and Residual Interests, as such business is conducted by the Companies on the date hereof.
View Source

Examples of Conduit Business in a sentence

  • Subject to Employee’s compliance with this Agreement, Employee shall, receive as additional compensation, a payment equal to fifty (50%) percent of the bonus that Employee would have received, if any, had he remained President of the Allied Tube and Conduit Business Unit employed with the Company through the payment date of such bonus under the Atkore FY2015 Annual Incentive Plan, expected in mid-December 2015.

  • Conduit shall afford the Company and its Representatives reasonable access upon reasonable notice and during business hours to Conduit’s books, e-mail archives and records that are not transferred pursuant to this Agreement, solely to the extent relating to the Business and subject to any information that is not related to the Business constituting Conduit Business Confidential Information.