Examples of Discontinued Business in a sentence
Organic growth rate excludes the impact of foreign exchange rates, acquisitions, business disposals, and Discontinued Business.
Discontinued Business and Disposals454.6416.59.212.5 ($’m)H1 2019H1 2018Change %Change % (excluding FX)Adjusted Revenue426.8403.35.86.8Discontinued Business5.09.0(44.1)(43.1)Disposal Managed Workplace (SMB)0.04.7n/an/aAdjusted Revenue excl.
The Company has no liabilities or ongoing obligations with respect to the Discontinued Business, including with respect to capital calls or associated guarantees.
Knowingly Failing to Arrange for Disposition of Stock of Closed or Discontinued Business: Misdemeanor4336.
The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, amend any of its Organizational Documents other than any such amendment (a) made solely in connection with a transaction that is otherwise permitted under this Agreement, (b) that could not reasonably be expected to have a Material Adverse Effect, or (c) in connection with Discontinued Business Operations.
These discontinued businesses are now being managed and reported collectively as a separate Discontinued Business Segment.
As a result of the plan of disposal, the results of operations for the Discontinued Business have been reported as discontinued operations and previously reported financial statements have been restated.
Purchases in the open market pursuant to this Section 3.3 and Subsection 3.4.2 hereof may be, but are not required to be, made on the applicable Investment Date and should be completed as soon as administratively possible thereafter, or at a later date as necessary or advisable under applicable law, including without limitation any federal securities laws.
Notwithstanding anything herein to the contrary, Seller shall retain or assume all liabilities, and the Buyer and its Affiliates shall assume no liabilities, with respect to (x) the Discontinued Business Employees, whether under the Company Benefit Plans or otherwise, and (y) any Company Benefit Plan which is not listed on SCHEDULE 3.11(a)(i)-1 and for which costs were not expressly included in the income statements of the Sold Companies or Subsidiaries.
Interest has been allocated to the Discontinued Business based on the debt directly attributable to the business and for debt not directly attributable to the business based on its share of the Company’s net assets.