LookSmart Business definition

LookSmart Business refers to LS’ business as an advertising solutions company that is organized along five lines of business: (i) Clickable, (ii) LookSmart AdCenter, (iii) Nxxxxxxx.xx, (iv) ShopWiki and (v) web searches. In addition, reference to the term “LookSmart Business” also includes the partnership with Conversion Media Holdings, LLC. As reported in LS’ periodic reports filed with the Securities and Exchange Commission, the assets and liabilities of the LookSmart Business relate to a digital advertising solutions company that provides solutions for search and display advertising customers, as well as the LS’ historical customer and supplier relationships. See “Business” for more information.
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Examples of LookSmart Business in a sentence

  • Pursuant to the terms of the Assignment and Assumption Agreement, the Separation was effected and LS allocated all of the assets, liabilities and obligations of the LookSmart Business (including with respect to transition services, employee matters, tax matters and certain other matters) to Group on April 23, 2015.

  • In order to transfer the LookSmart Business to Group, on April 23, 2015, LS and Group entered into an Assignment and Assumption Agreement.

  • Group’s business is subject to both general and specific risks relating to the industry in which the LookSmart Business operates, and its status as a separate, publicly traded company.

  • For the avoidance of doubt, the Separation and the Distribution will not result in any change in headquarters, business, management, location of our offices, assets, liabilities or net worth of the LookSmart Business, other than as a result of the costs incident to the Separation and the Distribution.

  • The management, including all directors and officers, of the LookSmart Business will remain the same in connection with the Separation and the Distribution, and will assume identical positions with Group as they held with LS.

  • The Separation and the Distribution will provide us the opportunity to streamline the corporate organization of the entity that holds the LookSmart Business, which we believe will result in significant savings to the Company over the long term.

  • As a result of the Distribution, LS expects the trading price of shares of LS common stock immediately following the Distribution to be lower than the “regular-way” trading price of such shares immediately prior to the Distribution because the trading price will no longer reflect the value of the LookSmart Business held by Group.

  • In order to satisfy LS’ obligations under the Merger Agreement and based in part on the fairness opinion provided by GLC, LS’ board of directors believed the Separation and Distribution was in the best interests of LS’ stockholders, such that LS’ board of directors approved a plan to transfer the LookSmart Business to Group and to distribute to LS’ stockholders all of the shares of common stock of Group through the Distribution.

  • In order to satisfy LS’ obligations under the Merger Agreement and based in part on the fairness opinion provided by GLC, LS’ board of directors believed the Separation and Distribution was in the best interests of LS’ stockholders, on February 27, 2015, LS’ board of directors approved a plan to transfer the LookSmart Business to Group and to distribute to LS’ stockholders all of the shares of common stock of Group through the Distribution.

  • Except as otherwise indicated or unless the context otherwise requires, the information included in this Information Statement, including the financial statements of Group, which are comprised of the assets and liabilities of the LookSmart Business, assumes the completion of all the transactions referred to in this Information Statement in connection with the Separation and Distribution.

Related to LookSmart Business

  • Subject Business means the policy or policies that are

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;

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

  • 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.

  • Licensed Business means the activities connected with the conveyance of

  • 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.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • 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.

  • Micro Business means a company which either:

  • 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;

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services.

  • Microbusiness means a licensee that may act as a cannabis

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

  • Reseller is a category of CLECs who purchase the use of Finished Services for the purpose of reselling those Telecommunications Services to their End User Customers.

  • End User means, in the event that the Services or Deliverables involve the use of any information systems, any and all UNICEF employees, consultants and other personnel and any other external users collaborating with UNICEF, in each case, authorized by UNICEF to access and use the Services and/or Deliverables.

  • Licensed Content means those articles or other parts of a Licensed Title which form part of the content licensed in accordance with the Order (including all content published during the Subscription Period or other period specified in the Order to which access and use rights are granted under this Licence, and including all Previously Subscribed Material).

  • Goods and Services or "goods or services" means any work, labor, commodities, equipment, materials, or supplies of any tangible or intangible nature, except real property or any interest therein, provided or performed through a contract awarded by a purchasing agent, including goods and property subject to N.J.S.A. 12A:2-101 et seq.

  • Minority Business means a 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.

  • Customer Content means all files, content (including audio, video, text, or images), and data (including Personal Data) belonging to or controlled by the Customer, which is uploaded into the Products and Services or otherwise provided to Showpad for processing pursuant to the 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;

  • Products and Services means the products and/or services to be sold by Vendor hereunder as identified and described on Attachment A hereto and incorporated herein, as may be updated from time to time by Vendor to reflect products and/or services offered by Vendor generally to its customers.

  • Advertiser means the company that wishes to advertise its brands, products, and/or services via the Advertisements.

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

  • Telecommunications Business means the business of (i) transmitting, or providing services relating to the transmission of, voice, video or data through owned or leased transmission facilities, (ii) creating, developing or marketing communications related network equipment, software and other devices for use in a Telecommunications Business or (iii) evaluating, participating or pursuing any other activity or opportunity that is primarily related to those identified in (i) or (ii) above; provided that the determination of what constitutes a Telecommunications Business shall be made in good faith by the Board of Directors of the Guarantor.