Infrastructure Business definition

Infrastructure Business means the ownership, design, construction, installation, operation and/or maintenance outside of Singapore of any infrastructure networks, systems and/or facilities to support telecommunications service providers and others in their provision of telecommunications services.

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Infrastructure Business means an infrastructure business as prescribed in the Notification of the Securities and Exchange Commission only with respect to the portion in which investment is made by the fund."

Infrastructure Business means the business of the Parent Guarantor and/or its Restricted Subsidiaries of providing Pan-European, North American, sub-sea and trans-Atlantic fiber network and data center infrastructure services to customers.

Examples of Infrastructure Business in a sentence

• The Parties agree that the cost allocation methodologies set forth in Exhibit 10.7 for each of the three major Spansion IT systems (Infrastructure, Business Systems and Manufacturing Systems) are reasonable methodologies for purposes of the foregoing.

• Executive's maximum bonus opportunity of 150% of Base Salary shall be calculated as follows: (i) 50% for meeting budget targets in the Industrial Infrastructure Business ("IIB"), (ii) 50% for exceeding budget targets in the IIB and (iii) 50% for meeting general operating targets set by the Compensation Committee.

• Provided that the Scheme shall not operate to enlarge the security of any loan, deposit or facility created by or available to Retail Infrastructure Business Undertaking of BRL which shall vest in FRL by virtue of the Scheme and BRL shall not be obliged to create any further or additional security therefore after the Scheme has become effective or otherwise.

• If required, the bankers of BRL and BRL shall allow maintaining and operating of the bank accounts (including banking transactions carried out electronically) in the name of BRL by FRL in relation to the Retail Infrastructure Business Undertaking for such time as may be determined to be necessary by FRL for presentation and deposition of cheques, pay order and electronic transfers that have been issued/made in the name of FRL.

• It is clarified that the services of the employees of the Retail Infrastructure Business Undertaking will be treated as having been continuous and not interrupted for the purpose of the said fund or funds.

• Any question that may arise as to whether any employee belongs to or does not belong to the Retail Infrastructure Business Undertaking shall be decided mutually by the board of directors of BRL and board of directors of FRL.

• Similarly, the banker of FRL shall honour all cheques / electronic fund transfer instructions issued by BRL (in relation to Retail Infrastructure Business Undertaking) for payment after the Effective Date.

• From the Appointed Date, BRL shall carry on the activities and operations of the Remaining Undertaking distinctly and as a separate business from the Retail Infrastructure Business Undertaking.

• As of the date of this Agreement, the Executive is serving as the President - Infrastructure Business of the Company.

• Executive's maximum bonus opportunity of 100% of Base Salary shall be calculated as follows: (i) 33.33% for meeting budget targets in the Industrial Infrastructure Business ("IIB"), (ii) 33.33% for exceeding budget targets in the IIB and (iii) 33.33% for meeting general operating targets set by the Compensation Committee.

More Definitions of Infrastructure Business

Infrastructure Business means the infrastructure business specified in the Notification of the Capital Market Supervisory Board concerning the Rules, Conditions and Procedures for the Establishment and Management of Infrastructure Funds;

Infrastructure Business means the following businesses:

Infrastructure Business means the business of the U.S. Borrower and/or its Restricted Subsidiaries of providing Pan-European, North American, sub-sea and trans-Atlantic fiber network and data center infrastructure services to customers. “Infrastructure Disposition Prepayment Date” means the date on which the proceeds of a sale of the Infrastructure Business pursuant to the Existing Infrastructure Sale Agreement or a Qualifying Transaction are applied to the prepayment of Loans in accordance with Section 2.13(c)(v). “Infrastructure Reorganization” means (i) at any time during the effectiveness of the Existing Infrastructure Sale Agreement, the consummation of the Reorganisation (as defined in the Existing Infrastructure Sale Agreement) and/or any other internal reorganization that is undertaken in connection with or related to the Reorganisation (as defined in the Existing Infrastructure Sale Agreement) for the primary purpose of efficiently separating the Infrastructure Business in preparation for the sale of the Infrastructure Business to a third party, in each case, in whole or in part, and in compliance with the Infrastructure Reorganization Principles and (ii) at any time during the effectiveness of a Replacement Infrastructure Sale Agreement, the consummation of any internal corporate reorganization by the U.S. Borrower and/or its Subsidiaries, in whole or in part, that is undertaken for the primary purpose of efficiently separating the Infrastructure Business in preparation for the sale of the Infrastructure Business to a third party, as determined in good faith by the U.S. Borrower and that is in compliance with the Infrastructure Reorganization Principles.

Infrastructure Business means the business of the Parent Guarantor and/or its Restricted Subsidiaries of providing Pan-European, North American, sub-sea and trans-Atlantic fiber network and data center infrastructure services to customers. “Infrastructure Reorganization” means (i) at any time during the effectiveness of the Existing Infrastructure Sale Agreement, the consummation of the Reorganisation (as defined in the Existing Infrastructure Sale Agreement) and/or any other internal reorganization that is undertaken in connection with or related to the Reorganisation (as defined in the Existing Infrastructure Sale Agreement) for the primary purpose of efficiently separating the Infrastructure Business in preparation for the sale of the Infrastructure Business to a third party, in each case, in whole or in part, and in compliance with the Infrastructure Reorganization Principles and (ii) at any time during the effectiveness of a Replacement Infrastructure Sale Agreement, the consummation of any internal corporate reorganization by the Parent Guarantor and/or its Subsidiaries, in whole or in part, that is undertaken for the primary purpose of efficiently separating the Infrastructure Business in preparation for the sale of the Infrastructure Business to a third party, as determined in good faith by the Parent Guarantor and that is in compliance with the Infrastructure Reorganization Principles. “Infrastructure Reorganization Principles” means, if any asset constituting Collateral is transferred to a Subsidiary that is organized or incorporated under the laws of Canada, the Cayman Islands, Germany, Ireland, the Netherlands, Sweden, Switzerland, the United Kingdom or the United States pursuant to an Infrastructure Reorganization then, (i) such Subsidiary shall (x) be a Guarantor at the time of such transfer or (y) become a Guarantor in the manner set forth in Section 6.09(b) and (ii) such asset shall become Collateral as soon as practicable thereafter; provided that no Infrastructure Reorganization shall result in all or substantially all of the Collateral being released from the security interest of the Administrative Agent or a material impairment of the security interest of the Administrative Agent in the Collateral, taken as a whole. “Infrastructure Sale Agreement” means (a) at any time that the Existing Infrastructure Sale Agreement is in effect, the Existing Infrastructure Sale Agreement and (b) at any time after the Existing Infrastructure Sale Agreement is terminated, any R...

Infrastructure Business means the business and activities of the Parent and/or certain of its subsidiaries providing Pan-European, North American, sub-sea and trans-Atlantic fiber network and data center infrastructure services to customers.

Infrastructure Business means collectively, the Pipelines Division and Facilities Division of Pembina;