Discover Business definition

Discover Business means the business conducted by the Discover Group from time to time, whether before, on or after the Distribution. For clarity, the “Discover Business” shall include (i) the credit card and related assets and business transferred from MSBIL to Goldfish Bank as contemplated pursuant to paragraph 2(a) of Schedule 1 and (ii) Goldfish Card Services transferred from MSGE to Goldfish Bank as contemplated pursuant to paragraph 2(c) of Schedule 1, and exclude the mortgage businesses that were transferred from the Discover business segment of Xxxxxx Xxxxxxx to the Institutional Securities business segment of Xxxxxx Xxxxxxx in 2005, in each case as conducted from time to time, whether before, on or after the Distribution.
Discover Business means the business conducted by the Discover Group from time to time, whether before, on or after the Distribution. For clarity, the “Discover Business” shall include (i) the credit card and related assets and liabilities transferred from MSBIL to Goldfish Bank as contemplated pursuant to paragraph 2(a) of Schedule 1, (ii) Goldfish Card Services transferred from MSGE to Goldfish Bank as contemplated pursuant to paragraph 2(c) of Schedule 1 and (iii) Goldfish Bank, Goldfish Credit Enhancing, Goldfish Credit Servicing and Goldfish Procurement contributed by Xxxxxx Xxxxxxx to Discover pursuant to paragraph 4 of Schedule 1, and exclude the mortgage businesses that were transferred from the Discover business segment of Xxxxxx Xxxxxxx to the Institutional Securities business segment of Xxxxxx Xxxxxxx in 2005, in each case as conducted from time to time, whether before, on or after the Distribution.
Discover Business shall include (i) the credit card and related assets and business transferred from MSBIL to Goldfish Bank as contemplated pursuant to paragraph 2(a) of Schedule 1 and (ii) Goldfish Card Services transferred from MSGE to Goldfish Bank as contemplated pursuant to paragraph 2(c) of Schedule 1, and exclude the mortgage businesses that were transferred from the Discover business segment of Xxxxxx Xxxxxxx to the Institutional Securities business segment of Xxxxxx Xxxxxxx in 2005, in each case as conducted from time to time, whether before, on or after the Distribution.

Examples of Discover Business in a sentence

  • Until the Distribution Time, Xxxxxx Xxxxxxx shall maintain in full force and effect the Xxxxxx Xxxxxxx Policies to the extent that such policies apply to the Discover Business.

  • The cost of “cloning”, including any increases in premiums, charges or administrative fees relating to Discover Business Employees and Former Discover Employees shall be the obligation of Discover.

  • The Company’s Credit Services business offers Discover-branded cards and other consumer finance products and services and includes the operation of Discover Business Services, a network of merchant and cash access locations primarily in the U.S. Revenues and expenses directly associated with each respective segment are included in determining their operating results.

  • Discover will continue to apply the leave of absence policies maintained by Xxxxxx Xxxxxxx to inactive Discover Business Employees who are on an approved leave of absence as of the Distribution Date.

  • Discover shall, or shall cause the appropriate Discover Subsidiary to, honor any legal right of any Discover Business Employee or Former Discover Employee in a leave or other non-working status to return to work by providing such employee employment on terms that comply with such right.

  • Discover Business Employees who have reached their milestone anniversary on or prior to the date of the Distribution Date shall be entitled to receive a gift under the Xxxxxx Xxxxxxx Service Award Program.

  • As of the Distribution Date, Discover shall and shall cause each Discover Subsidiary to continue the employment of each Discover Business Employee who is employed by Discover or a Discover Subsidiary.

  • Effective as of June 1, 2007, Discover shall adopt a commuter benefits plan for Discover Business Employees with substantially the same terms as in effect as of May 31, 2007 under the Xxxxxx Xxxxxxx commuter benefits plan.

  • Leaves of absence taken by Discover Business Employees prior to the Distribution Date shall be deemed to have been taken as employees of Discover.

  • Xxxxxx Xxxxxxx shall have no liability or obligation under any Xxxxxx Xxxxxxx xxxxxxxxx plan or policy with respect to Discover Business Employees who remain employed or whose employment terminates on or after the Distribution Date.


More Definitions of Discover Business

Discover Business means the business conducted by the Discover Group from time to time, whether before, on or after the Distribution. For clarity, the “Discover Business” shall include (i) the credit card and related assets and liabilities transferred from MSBIL to Goldfish Bank as contemplated pursuant to paragraph 2(a) of Schedule 1, (ii) Goldfish Card Services transferred from MSGE to Goldfish Bank as contemplated pursuant to paragraph 2(c) of Schedule 1 and (iii) Goldfish Bank, Goldfish Credit Enhancing, Goldfish Credit Servicing and Goldfish Procurement contributed by Morgan Stanley to Discover pursuant to paragraph 4 of Schedule 1, and exclude the mortgage businesses that were transferred from the Discover business segment of Morgan Stanley to the Institutional Securities business segment of Morgan Stanley in 2005, in each case as conducted from time to time, whether before, on or after the Distribution.

Related to Discover Business

  • 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.

  • Micro Business means a company which either:

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

  • Microbusiness means a licensee that may act as a cannabis

  • Business has the meaning set forth in the Recitals.

  • Other Business has the meaning set forth in Section 6.6.

  • 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.

  • Similar Business means (1) any business conducted or proposed to be conducted by the Borrower or any of its Restricted Subsidiaries on the Closing Date, and any reasonable extension thereof, or (2) any business or other activities that are reasonably similar, ancillary, incidental, complementary or related to, or a reasonable extension, development or expansion of, the businesses in which the Borrower and its Restricted Subsidiaries are engaged or propose to be engaged on the Closing Date.

  • Competitive Business means any person or entity that engages in any business activity that competes with the Company’s business in any way, in any geographic area in which the Company engages in business, including, without limitation, any state in the United States in which the Company sells or offers to sell its products from time to time.

  • Company Business means the business of the Company as presently conducted.

  • Competitive Business Activity means:

  • Competing Services means to provide, manage, supervise, or consult about (whether as an employee, owner, partner, stockholder, investor, joint venturer, lender, director, manager, officer, employee, consultant, independent contractor, representative or agent, or otherwise) any services that are similar in purpose or function to services you provided to the Company in the two year period preceding the termination of your employment, that might involve the use or disclosure of Confidential Information, or that would involve business opportunities related to Relevant Products.

  • Active business operations means all business operations that are not inactive business operations.

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Subject Business means the policy or policies that are

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Competing Business means any business, individual, partnership, firm, corporation or other entity which wholly or in any significant part engages in any business competing with the Business in the Restricted Area. In no event will the Company or any of its affiliates be deemed a Competing Business.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Competitive Activities means any business activities in which the Company or any other member of the Company Group engage (or have committed plans to engage) during the Term of Employment, or, following termination of Employee’s employment hereunder, was engaged in business (or had committed plans to engage) at the time of such termination of employment.

  • Business activity means that term as defined in section 3(2) of the former single business tax act, 1975 PA 228, or in section 105 of the Michigan business tax act, 2007 PA 36, MCL 208.1105.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Business Activities shall be deemed to include any activities which are included in the Company's Business now or during the effective period of this Agreement.

  • 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.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • Engaging in business means commencing, conducting, or continuing in business, and liquidating a business when the liquidator thereof holds itself out to the public as conducting such business. Making a casual sale is not engaging in business.