Non-Core Business definition

Non-Core Business means any business which is not an essential part of the rental business.
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Non-Core Business means any retail or wholesale business other than the retail leather apparel and accessories business and the retail luggage and accessories business and the wholesale business consisting of selling goods against firm purchase orders.
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Non-Core Business means any business carried on by a member of the Group other than a Core Business.
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Examples of Non-Core Business in a sentence

  • Each Obligor (and the Security Group Agent shall procure that each member of the Security Group will) undertakes to carry on only Permitted Business and Permitted Non-Core Business.

  • The Permitted Non-Core Business Limit is exceeded on two consecutive Calculation Dates.

  • Non-Core Business Change in Control Severance Plan (collectively, “Other Arrangements”), and Employee shall not be eligible to participate in or receive severance benefits under any such Other Arrangement.

  • Non-Core Business Retention Bonus Plan (the “Severance and Retention Plans”), shall assume responsibility for any and all payments, obligations and other Liabilities relating to any amounts payable thereunder, and shall fully perform, pay and discharge the foregoing if and when such payments, obligations and/or other Liabilities become due.

  • Non-Core Business Change in Control Severance Plan and the InvenTrust Properties Corp.


More Definitions of Non-Core Business

Non-Core Business means an business, which is not essential to, part of, related to or reasonably incidental to the Distribution and Retail Supply Business;
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Non-Core Business means any business or activity of any kind, other than a Core Business.
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Non-Core Business means the Orbis Business and the shares in the capital of Orbis and its Subsidiaries.
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Non-Core Business means any business which is not an essential part of the rental business. “Non-Extended Commitments” has the meaning specified in Section 2.6(a).
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Non-Core Business means (i) the current business operations or activities of MSX or the Limited Companies not comprising a part of, or directly related to, the Business, and (ii) any business operations or activities previously engaged in by MSX or the Limited Companies or any of their predecessors within the 8-year period immediately prior to the Closing Date which were of a type that would not be directly related to the business operations or activities of the Business if currently engaged in on the date hereof.
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Non-Core Business means the business of forming and operating SEBI registered alternative investment funds, and the provision of portfolio management services under the PM Regulations, other asset or wealth management businesses, investment management services, investment advisory services and other similar activities in India, whether or not regulated by or registered under any SEBI regulations.
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Non-Core Business means any business which is not an essential part of the rental business and which does not (i) have revenues (excluding intercompany receivables and revenues that would be eliminated upon consolidation in accordance with GAAP) of 5.0% or more of the consolidated revenues of Parent Borrower and its Restricted Subsidiaries (excluding intercompany receivables and revenues that would be eliminated upon consolidation in accordance with GAAP), taken as a whole, as at the last day of the Test Period immediately preceding any proposed sale or other disposition thereof, (ii) own or have an exclusive license to any Material IP Related Assets, or (iii) own any Eligible Invoiced Accounts, Eligible Unbilled Accounts, Eligible Rental Equipment Inventory, Eligible Newly Purchased Rental Equipment Inventory, Eligible Non-Rental Rolling Stock Inventory, Eligible Newly Purchased Non-Rental Rolling Stock Inventory, Eligible New Dealership Inventory Held for Sale, or Eligible Parts and Tools Inventory.
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