HomeBase Business definition

HomeBase Business means the business, assets and operations of the ----------------- "HomeBase" division of Waban, including without limitation all businesses, assets or operations managed or operated by, or operationally related to, such business which have been sold or otherwise disposed of or discontinued prior to Distribution Date (provided, however, that the warehouse clubs initially operated by the BJ's Wholesale Club division of Waban and subsequently transferred to the HomeBase division shall not be considered part of the HomeBase Business for the period operated by the BJ's Wholesale Club division).

Examples of HomeBase Business in a sentence

  • Except as otherwise provided in this Agreement, Tax Items not clearly attributable either to the HomeBase Business or the BJI Business will be taken into account (i) for the HomeBase Group in the case of Section 3.02 (Allocation of Tax Liabilities With Respect to Unfiled Returns), and (ii) 25% for the HomeBase Group and 75% for the BJI Group in the case of Section 3.03 (Redetermined Tax Liabilities).

  • For purposes of determining a party's liability for Taxes or ------- entitlement to Tax Refunds, Tax Items clearly attributable to the HomeBase Business will be taken into account for the HomeBase Group, and Tax Items clearly attributable to the BJI Business will be taken into account for the BJI Group.

  • For purposes of determining a party's liability for ------- Taxes or entitlement to Tax Refunds, Tax Items clearly attributable to the HomeBase Business will be taken into account for the HomeBase Group, and Tax Items clearly attributable to the BJI Business will be taken into account for the BJI Group.

  • Unless ------------------------------------------------------------- otherwise provided in this Agreement, the HomeBase Group shall pay all Taxes and shall be entitled to receive and retain all Tax Refunds with respect to periods beginning after the Distribution Date which are attributable to the HomeBase Business.

  • Unless otherwise provided in this Agreement, the HomeBase Group shall pay all Taxes and shall be entitled to receive and retain all Tax Refunds with respect to periods beginning after the Distribution Date which are attributable to the HomeBase Business.

  • Notwithstanding anything contained herein to the contrary, if a ----------- Third Party Claim relates to a Liability of Waban not specifically allocable to the BJI Business or the HomeBase Business relating to events occurring prior to the Distribution or any Actions relating thereto (i.e., a Liability referred to in Item 2(b) of Schedule B as to which BJI is assuming 75% of the Liability), then BJI shall have the right to control the defense and settlement of such claim.

Related to HomeBase Business

  • 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 —

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

  • 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.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Qualified business means an eligible business that:

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

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

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Micro Business means a company which either:

  • Retained Businesses means all businesses now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.