Independent Business Owners definition

Independent Business Owners means any Persons that purchase a distribution route(s) from a Subsidiary of the Borrower that is engaged in snack food distribution, and then enter into a distribution agreement with such Subsidiary for the purpose of defining the relationship of the parties.
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Examples of Independent Business Owners in a sentence

  • While this announcement might seem to be relevant only to the shareholders of Amway Japan Limited and Amway Asia Pacific, Ltd., this strategic decision and the bigger picture of where Amway is headed in the 21st century are of vital importance to all Independent Business Owners.

  • Seller is an established corporation in the marketing and sale of products related to Nutritional products and has developed a Distributorship Organization of Independent Business Owners (IBO) or independent authorized agents for the sale of its products, including the Xxxxxxx Xxxxxx, My Escape Vacations, Xymetri, Digital Discounts product brands.

Related to Independent Business Owners

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

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Independent System Operator means a person that may receive or has received, by transfer pursuant

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Trust business means the business of acting as trustee, executor or administrator;

  • Target Business means any businesses or entity with whom the Company wishes to undertake a Business Combination;

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

  • Independent Assets or Operations means, with respect to any such parent company, that such parent company’s total assets, revenues, income from continuing operations before income taxes and cash flows from operating activities (excluding in each case amounts related to its investment in the Issuer and the Restricted Subsidiaries), determined in accordance with GAAP and as shown on the most recent balance sheet of such parent company, is more than 3.0% of such parent company’s corresponding consolidated amount.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

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

  • 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—

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

  • Separate Business means each of the activities of the Licensee connected

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Transition Property means the property right created by a financing order, including without

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