Non-Core Business definition

Non-Core Business means any business which is not an essential part of the rental business.
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.
Non-Core Business means any business carried on by a member of the Group other than a Core Business.

Examples of Non-Core Business in a sentence

  • The main objective was to provide cash to families who are in extreme poverty in exchange for some education and health care commitments.

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

  • Otherwise, the Non-Core Assets and/or Non-Core Business may be sold or liquidated after the Effective Date of the Plan.

  • Non-Core Assets are those properties that may not necessarily be essential to the Core Business and are currently offered for sale, or may in the near future be offered for sale.As more fully discussed below, the Debtors are currently in the process of either winding down the various components of the Non-Core Business, or seeking buyers to whom the Debtors may sell the Non-Core Assets and/or Non-Core Business.

  • Non-Core Business revenue is generated in the UK, denominated in GBP and is primarily rental income.


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;
Non-Core Business means any business or activity of any kind, other than a Core Business.
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.
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.
Non-Core Business means the Orbis Business and the shares in the capital of Orbis and its Subsidiaries.
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).
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). “Non-Extended Loans” has the meaning specified in Section 2.6(a). “Non-Extending Lender” has the meaning specified in Section 2.6(e). “Non-Extension Notice Date” has the meaning specified in Section 2.4(b). “Non-Recourse Indebtedness” means Indebtedness of a Person (a) as to which no Obligor provides any Guarantee or credit support of any kind or is directly or indirectly liable (as a guarantor or otherwise) and (b) which does not provide any recourse against any of the assets of any Obligor, in each case other than Standard Securitization Undertakings. “Notice of Borrowing” has the meaning specified in Section 2.2(a). “Notice of Continuation/Conversion” has the meaning specified in Section 3.2(b). “NZ Lender” means a Lender that (a) is resident in New Zealand for New Zealand income tax purposes or (b) carries on business in New Zealand through a fixed establishment and either (i) is a registered bank and is not associated with any ANZ Borrower or (ii) is party to or performs this Agreement for the purposes of the business it carries on in New Zealand through such fixed establishment, provided that for the purposes of this definition, the terms “associated”, “fixed establishment” and “registered bank” shall have the meanings given in the Income Tax Act 2007. “Obligations” means the U.S. Obligations, the ROW Obligations, the Canadian Obligations, the French Obligations and the ANZ Obligations. 44 [[5848018]][[DMS:6312716v7:05/07/2024--04:04 PM]] 4861-2153-1574 v.2