Examples of Disposed Business in a sentence

On 2 September 2013, the Group entered into a sale and purchase agreement to dispose of 100% equity interest in a subsidiary, Rich Path, which together with its subsidiaries carried out all of the Group’s operations in the Disposed Business.
Accordingly, the financial results of the Disposed Business are presented in the consolidated statement of profit or loss as discontinued operation.
On November 1, 2018, the Company completed the sale of its mechanical insulation business (the "Disposed Business") to SPI LLC, an unrelated third party controlled by Dunes Point Capital, for total cash consideration of approximately $122.5 million, and recorded a gain on the sale of $13.7 million, net of taxes.
Each entity directly engaged in a Navient Disposed Business sold or otherwise disposed of on or prior to the M&A Out Date (but not the acquiror or its other Subsidiaries) shall be treated as a member of the Navient Group for the remainder of the Non-Competition Period, and Navient shall cause the acquiring third party to enter into an agreement, acceptable to SLM BankCo, that such third party will not take any action to circumvent the foregoing provisions of this Section 5.4(g)(i)(C).
The selection will be based on the following specific evaluation criteria, in addition to the overall goals for the Ghent University strategic international cooperation: Evaluation Report1.

More Definitions of Disposed Business

Disposed Business means the business unit, line of business or operation, or part thereof that is the subject of a Sale of a Business.

Disposed Business means any Person, property, business or asset sold, transferred or otherwise disposed of, closed or classified as discontinued operations by any Group Member.

Disposed Business shall have the meaning set out in Clause 7.2;

Disposed Business means the sale, transfer or disposition prior to the Closing of all of the equity of and rights and obligations with respect to Tripolis Holdings S.a.r.l.

Disposed Business to another Person or Persons that are neither DASI nor Subsidiaries, the Senior Leverage Ratio shall be calculated on a pro forma basis during the first 12 months following such sale or other transfer of such Disposed Subsidiary or Disposed Business based on the assumption that such sale or other transfer had been completed (and the financial results of such Disposed Subsidiary or Disposed Business had been excluded in the consolidated financial results of DASI beginning) on the first day of the relevant Computation Period."

Disposed Business means the sale or other transfer of substantially all of the assets of a business unit, line or plant to another Person or Persons that are neither Parent nor a Subsidiary.