IAC Business definition

IAC Business means any line of business that was carried out by any member of the IAC Group during the Reference Period other than the Match Business.
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IAC Business means all businesses, operations and activities (whether or not such businesses, operations or activities are or have been terminated, divested or discontinued) conducted at any time prior to the Mandatory Exchange Effective Time by either Party or any member of its Group, other than the SpinCo Business.
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IAC Business means the business conducted by the Buyer Parties as of the date hereof.
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Examples of IAC Business in a sentence

  • Each of the IAC Buyers has good title to, or in the case of leased property has valid leasehold interests in, all personal property used in connection with the IAC Business.

  • No product produced or sold by the IAC Business has been the subject or source of a product recall.

  • When it is used daily, the food provided through the school canteen may comprise a third of a student’s total daily intake and have a significant influence on their health and nutrition.

  • There are no outstanding Orders (whether rendered by a court, administrative agency, arbitral body or Governmental Authority) against any of the Buyer Parties in respect of the IAC Business.

  • IAC shall determine in good faith and otherwise in accordance with this Agreement which Tax Items are properly attributable to assets or activities of the SpinCo Business (and in the case of a Tax Item that is properly attributable to both the IAC Business and the SpinCo Business, the allocation of such Tax Item between the IAC Business and the SpinCo Business).

  • Except as disclosed in Schedule 7.22, to the Knowledge of Buyer, no director, officer, employee of any Buyer or of any Buyer's Affiliates (or any individual related by blood, marriage or adoption to any such individual or any entity in which any such individual or entity owns any beneficial interest in excess of 10 percent) is a party to any IAC Material Contract or has any interest in any material asset used in the conduct of the IAC Business.

  • Except as disclosed in Schedule 7.11, there is no action, suit, investigation, arbitration or administrative or other proceeding before any court or arbitrator or any Governmental Authority pending or, to the Knowledge of Buyer, threatened, (i) against or affecting any of the Buyer Parties or the IAC Business or (ii) which in any manner challenges or seeks to prevent, enjoin, alter or materially delay the transactions contemplated by this Agreement and/or the Ancillary Agreements.

  • All material accounts, books, ledgers and other records held by the Buyer Parties relating to the IAC Business of whatsoever kind have been properly and accurately kept and maintained since the C&A Closing in all material respects, and there are no material inaccuracies or discrepancies of any kind contained or reflected therein.

  • IAC shall be responsible for any and all Federal Other Taxes attributable to the IAC Business (including any increase in such Tax as a result of a Final Determination).

  • IAC shall be responsible for any and all Foreign Other Taxes attributable to the IAC Business (including any increase in such Tax as a result of a Final Determination).

Related to IAC Business

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • 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.

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

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

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

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

  • 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;

  • 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.

  • Subject Business means the policy or policies that are

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

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

  • Retained Businesses means all businesses, operations and activities directly or indirectly conducted or formerly conducted by the Seller Group other than the Business (including all businesses, operations and activities related to any dealerships sold or disposed of prior to the date hereof).

  • Micro Business means a company which either:

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

  • 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 –

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • 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;

  • 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.

  • Licensed Business means the activities connected with the conveyance of

  • 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;

  • 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.

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Auto business means the business or occupation of selling, repairing, servicing, storing or parking "autos".

  • Group Business Entity means;

  • 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.

  • Principal Business means the primary activity as determined by analyzing the amount of capi- tal, labor, time, attention, and floor space devoted to each business activity and by analyz- ing the sources of net income and gross income. The name, appearance, and advertising of the entity may also be taken into consideration if they are given less weight.