Dependent business definition

Dependent business means any business in which the local public officer or any member of the local public officer’s household has an ownership or beneficial interest, individually or combined, amounting to more than a ten percent interest, and during the preceding calendar year the business received from a single source more than $10,000 and more than 50 percent of its gross income.
Dependent business means any entity that is not a part of the Insured Organization but which provides necessary products or services to the Insured Organization pursuant to a written contract. Dependent Business Loss means:
Dependent business means any business in which the public officer

Examples of Dependent business in a sentence

  • Dependent Security Breach means a failure of computer security to prevent a breach of computer systems operated by a Dependent Business.

  • Dependent System Failure will not include any interruption of computer systems resulting from (i) a Dependent Security Breach, or (ii) the interruption of computer systems that are not operated by a Dependent Business.

  • Dependent System Failure means an unintentional and unplanned interruption of computer systems operated by a Dependent Business.


More Definitions of Dependent business

Dependent business means any entity that is not a part of the Fund Member but provides necessary products or services to the Fund Member under a written contract.
Dependent business means any business in which the local public officer or any member of his household has an ownership or beneficial interest, individually or combined, amounting to more than a TEN PERCENT (10%) INTEREST, AND DURING THE PRECEDING CALENDAR YEAR THE BUSINESS RECEIVED FROM A SINGLE SOURCE MORE THAN TEN
Dependent business means any third party service provider that provides hosted computer application services to the insured or processes, maintains, hosts or stores the insured's electronic data, pursuant to written contract with the insured for such services.
Dependent business means any third party, other than a Service Provider, on whom You depend for products and/or services required to conduct Your business.
Dependent business means any third party service provider that provides hosted computer application services to the Named Insured or processes, maintains, hosts, or stores the Named Insured’s electronic data, pursuant to written contract with the Named Insured for such services.
Dependent business means any business in which the public officer or any member of his household has an ownership or beneficial interest, individually or combined, amounting to more than a ten per cent interest, and during the preceding calendar year the business received from a single source more than ten thousand dollars and more than fifty per cent of its gross income.
Dependent business means any entity that is not a part of the “Member”, but which provides necessary products or services to the “Member” pursuant to a written contract. Dependent Business Loss means: