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For more information visit our privacy policy.Similar Business means (1) any business conducted or proposed to be conducted by the Borrower or any of its Restricted Subsidiaries on the Closing Date, and any reasonable extension thereof, or (2) any business or other activities that are reasonably similar, ancillary, incidental, complementary or related to, or a reasonable extension, development or expansion of, the businesses in which the Borrower and its Restricted Subsidiaries are engaged or propose to be engaged on the Closing Date.
Qualified business means an eligible business that:
Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.
Business has the meaning set forth in the Recitals.
Home-based business means an accessory use to an authorised residential use in which one or more residents carry on a business, and for greater certainty, includes a bed and breakfast, but does not include child care.
Regulated Business means a business which is required to be licensed under one or other of the regulatory laws;