Occupation Interest definition

Occupation Interest means an interest in the Divestment Business Property by virtue of which Medivet enjoys an unconditional right or is under an unconditional obligation to occupy the Divestment Business Property provided always that: (i) the original purchaser (or its successor) is not in occupation of the Divestment Business Property; and/or (ii) before such interest in the Divestment Business Property arose, the most recent use to which the Divestment Business Property had been put was that of carrying on nature of the business;

Occupation Interest means an interest in the Divestment Site Property by virtue of which Morrisons enjoys an unconditional right or is under an unconditional obligation to occupy the Divestment Site Property provided always that: (i) the original purchaser (or its successor) is not in occupation of the Divestment Site Property; and/or (ii) before such interest in the Divestment Site Property arose, the most recent use to which the Divestment Site Property had been put was that of carrying on the retail supply of groceries;

Occupation Interest means an interest in the Divestment Business Property by virtue of which the Parties enjoy an unconditional right or are under an unconditional obligation to occupy the Divestment Business Property provided always that: (i) the original purchaser (or its successor) is not in occupation of the Divestment Business Property; and/or (ii) before such interest in the Divestment Business Property arose, the most recent use to which the Divestment Business Property had been put was that of carrying on the supply of AC/RF products;

Examples of Occupation Interest in a sentence

• Medivet shall notify the CMA in writing of the identity of each proposed purchaser that makes an offer for the Occupation Interest together with the value and terms of such offers as soon as reasonably practicable following the receipt of such offers and in any event within 10 Working Days of receipt of such offers.

• In determining, for the purposes of sub-paragraph 11.1(b) above, whether to require Medivet to effect a new divestment of the Occupation Interest to a new purchaser approved by the CMA in accordance with the provisions of these undertakings, the CMA may have regard to any change of circumstances since the Decision.

• In the event that the CMA gives written directions under paragraph 11.1 above for Medivet to effect a new divestment of the Occupation Interest, paragraphs 3, 4, 5, 6, 7, 8 and 9 shall apply to the new divestment in the same way that they applied to the original divestment obligation save that references to 'Divestment Business' in those paragraphs shall be construed as references to 'Occupation Interest'.

• In the event that Medivet fails to divest the Occupation Interest in accordance with paragraph 11.1 above, the CMA may, whether or not initiating the Trustee Functions set out in these undertakings, require Medivet to divest the Occupation Interest at no minimum price to a purchaser approved by the CMA.

• Variation in Demand Occupation Interest by Gender About a third of male participants were interested in the CDL trainings (31%), another third were interested in Maintenance and Repair occupations (32%), and a little less than a third were also interested in the allied health occupations (28%).

More Definitions of Occupation Interest

Occupation Interest means an interest in the Divestment Pharmacies Property by virtue of which Well enjoys an unconditional right or is under an unconditional obligation to occupy the Divestment Pharmacies Property provided always that: (i) the original purchaser (or its successor) is not in occupation of the Divestment Pharmacies Property; and/or (ii) before such interest in the Divestment Pharmacies Property arose, the most recent use to which the Divestment Pharmacies Property had been put was that of the operation of retail pharmacies in certain local areas in the UK;

Occupation Interest means an interest in the Divestment Business Property by virtue of which CD&R enjoys an unconditional right or is under an unconditional obligation to occupy the Divestment Business Property provided always that: (i) the original purchaser (or its successor) is not in occupation of the Divestment Business Property; and/or (ii) before such interest in the Divestment Business Property arose, the most recent use to which the Divestment Business Property had been put was that of carrying on the retail supply of road fuel and, where relevant, the retail supply of auto-LPG and the retail supply of groceries;

Occupation Interest means an interest related to the extraction and processing of non-specialist aggregates and/or the production of RMX in the Divestment Business Property by virtue of which HM enjoys an unconditional right or is under an unconditional obligation to occupy the Divestment Business Property in respect of provided always that: (i) the original purchaser (or its successor) is not in occupation of the Divestment Business

Occupation Interest means an interest in the Divestment Businesses Property by virtue of which CGL enjoys an unconditional right or is under an unconditional obligation to occupy the Divestment Businesses Property provided always that: (i) the original purchaser (or its successor) is not in occupation of the Divestment Businesses Property; and/or (ii) before such interest in the Divestment Businesses Property arose, the most recent use to which the Divestment Businesses Property had been put was that of carrying on a grocery store;

Occupation Interest means an interest in the Divestment Business Property by virtue of which Novomatic enjoys an unconditional right or is under an unconditional obligation to occupy the Divestment Business Property provided always that: (i) the original purchaser (or its successor) is not in occupation of the Divestment Business Property; and/or (ii) before such

Occupation Interest means an interest in the Divestment Funeral Business Property by virtue of which CGL enjoys an unconditional right or is under an unconditional obligation to occupy the Divestment Funeral Business Property provided always that (i) the original purchaser (or his successor) is not in occupation of the Divestment Funeral Business Property; and/or (ii) before such interest in the Divestment Funeral Business Property arose, the most recent use to which the Divestment Funeral Business Property had been put was that of carrying on a business of funeral directing;

Occupation Interest means an interest in the property associated with a Divestment LBO by virtue of which Lightcatch enjoys an unconditional right or is under an unconditional obligation to occupy the property provided always that: (i) the original purchaser (or his successor) is not in occupation of the property; and/or (ii) before such interest in the property arose, the most recent use to which the property had been put was that of carrying on a licensed betting office;