Examples of FTD Business in a sentence
For purposes of Section 3.2, the amount of foreign Income Taxes attributable to the FTD Business shall be as determined by United Online in a manner consistent with the principles set forth in Section 3.4(a).
FTD shall be liable for all Taxes due with respect to Tax Returns described in (a) Section 2.1(a) or Section 2.1(c), but only to the extent that such Taxes are attributable to the FTD Business, and with respect to Income Taxes, as determined pursuant to Section 3.4, and (b) Section 2.2. FTD shall be liable for any Tax deficiency assessed with respect to the portion of such Tax Returns for which it is responsible.
Notwithstanding any provision to the contrary, FTD agrees that FTD Liabilities includes all Liabilities of the UOL Entities to any former or current director or officer of the UOL Entities under any indemnification agreement with such director or officer, solely to the extent that such Liabilities arise out of, or primarily relate to, the FTD Assets, serving as a director or officer of the FTD Entities, or the operation of the FTD Business.
Each Insurance Policy owned or maintained by or on behalf of the UOL Entities that relates exclusively to (i) the FTD Business ("FTD Specific Policies") shall be an FTD Asset and (ii) the UOL Businesses shall be a UOL Asset.
For Participants assigned to the Communications, Classmates Media and FTD Business Segments, performance shall be measured in terms of the combined revenue and operating income before depreciation, amortization and certain other expenses (“Adjusted OIBDA”) for those Business Segments.
For participants assigned to the Communications Business Segment, the Classmates Media Business Segment or the FTD Business Segment, performance shall be measured in terms of the revenue and Adjusted OIBDA for the particular Business Segment to which each such Participant has been assigned.
Each Insurance Policy owned or maintained by or on behalf of the UOL Entities that relates exclusively to (i) the FTD Business (“FTD Specific Policies”) shall be an FTD Asset and (ii) the UOL Businesses shall be a UOL Asset.
In the event the actual foreign currency exchange rate (determined as set forth below) for the GBP:U.S. Dollar for the 2011 Fiscal Year is lower than 1:1.55 (the “ GBP Floor”), the final revenue and/or Adjusted OIBDA calculations for the FTD Business Segment and the Combined Business Segments will be adjusted using the GBP Floor.
For purposes of Section 3.2, the amount of state or local Income Taxes attributable to the FTD Business shall be as determined by United Online in a manner consistent with the principles set forth in Section 3.4(a) (for the avoidance of doubt, using the highest statutory marginal state or local corporate Income Tax rate for such applicable state or local jurisdiction, as the case may be).
In the event the actual foreign currency exchange rate (determined as set forth below) for the GBP:U.S. Dollar for the 2010 Year is lower than 1:1.60 (the “ GBP Floor”), the final revenue and/or Adjusted OIBDA calculations for the FTD Business Segment and the Combined Business Segments will be adjusted using the GBP Floor.