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Permitted Business Use definition

Permitted Business Use means use by a Trade or Business where: (i) the existence or operation of the business activity is not apparent or detectable by sight, sound, or smell from outside the Residence; (ii) the business activity conforms to all zoning requirements and other restrictive covenants applicable to the Subdivision; (iii) the business activity does not involve visitation to the Residence by employees, clients, customers, suppliers, or other business invitees or door-to-door solicitation of residents of the Subdivision; and (iv) the business activity is consistent with the residential character of the Subdivision and does not constitute a nuisance, or a hazardous or offensive use, or threaten the security or safety of other residents of the Subdivision, as may be determined at the Board’s sole discretion.
Permitted Business Use means use of Completed Assessments (a) in connection with the Buyer’s ongoing authorized and lawful evaluation and assessment of a Confirmed Supplier, (b) as necessary for either a Buyer or Supplier to comply with applicable law, regulation, or standard (including but not limited to, an auditing standard, manufacturing standard, financial or banking standard, security standard, employment standard among others), (c) as necessary for Buyer or the Supplier to achieve, maintain, renew, or reinstate certifications, attestations, licenses or other independent assessment by an independent body with oversight and/or jurisdiction over Buyer or Supplier, as applicable, or (d) for the Buyer’s or Supplier’s internal lawful business use.
Permitted Business Use means use of Completed Assessments (a) in connection with the Requestor’s ongoing authorized and lawful evaluation and assessment of a Confirmed Supplier, (b) as necessary for either a Requestor or Supplier to comply with applicable law, regulation, or standard (including but not limited to, an auditing standard, manufacturing standard, financial or banking standard, security standard, employment standard, among others), (c) as necessary for Requestor or the Supplier to achieve, maintain, renew, or reinstate certifications, attestations, licenses or other independent assessment by an independent body with oversight and/or jurisdiction over Requestor or Supplier, as applicable, or (d) for the Requestor’s or Supplier’s internal lawful business use.

Examples of Permitted Business Use in a sentence

  • Supplier understands and agrees that the Platform will automatically retain a copy of each Completed Assessment within the Buyer’s account within the Platform, and that the Buyer, as an authorized user of the Platform, obtains a non-exclusive, worldwide right to use the Completed Assessments for its Permitted Business Use, including the right to export Completed Assessments from the Platform.

  • To the extent set forth on an Order Form, and subject to the terms and conditions of this Agreement, SupplyShift hereby grants to Buyer, during the Subscription Term only, a non-exclusive, worldwide license to use Third-Party Content for Buyer’s Permitted Business Use only.

  • Subject to the terms and conditions of this Agreement, SupplyShift hereby grants to Buyer, during the Subscription Term, a non-exclusive, worldwide license to access and use Completed Assessments via the Platform solely for Buyer’s Permitted Business Use.

  • To the extent set forth on an Order Form, and subject to the terms and conditions of this Agreement, SupplyShift hereby grants to Buyer during the Subscription Term a non-exclusive, worldwide license to use Benchmarking Content for Buyer’s Permitted Business Use.

  • Unless Buyer obtains or possesses independent rights or licenses from the Suppliers or Content Licensors, Buyer shall not engage in any public or commercial use, processing, dissemination, distribution, modification, or disclosure of the Supplier Data and SupplyShift Content for any purpose or reason other than Buyer’s Permitted Business Use.

  • However, to the extent that Supplier elects to respond to a Assessment from a Buyer, Supplier hereby grants to SupplyShift a non-exclusive, worldwide, royalty- free right and license to disclose, display, distribute, and otherwise supply the Supplier Data contained in the Completed Assessment to the specific such Buyer who requested it for such Buyer’s Permitted Business Use.

  • Buyer understands and agrees that the Platform will automatically retain a copy of a Completed Assessment within the Confirmed Supplier’s account, and that the Confirmed Supplier, as an authorized user of the Platform, obtains a non-exclusive, worldwide right to use the Completed Assessments for its Permitted Business Use, including the right to export Completed Assessments from the Platform.

  • If you use the Service otherwise than for Permitted Business Use, we may at our sole option either suspend the Service immediately and offer you an alternative call plan or terminate the Service immediately.

  • Lack of continuous dialogue activity, excessive conferencing or call forwarding will be considered indicators that use may be inconsistent with normal Permitted Business Use by other Vonage customers.

  • If you subscribe to a call plan which permits use of more than one device or client with the same line, your usage will be aggregated and assessed when evaluating whether your usage is outside of Permitted Business Use.


More Definitions of Permitted Business Use

Permitted Business Use means the use of the Platform as set forth in either the Buyer Agreement or Supplier Agreement, as applicable to the Company on whose behalf you access the Platform.

Related to Permitted Business Use

  • Permitted Business means any of the businesses in which the Company and its Restricted Subsidiaries are engaged on the Issue Date, and any business reasonably related, incidental, complementary or ancillary thereto.

  • Permitted Businesses means the business of owning, leasing and managing gasoline stations, convenience store properties and other retail real properties (including, for the avoidance of doubt, quick service or other casual restaurants and auto service and auto parts stores), and any other single-tenant net lease business, and business activities reasonably related to the foregoing (including the creation or acquisition of any interest in any Subsidiary (or entity that following such creation or acquisition would be a Subsidiary) for the purpose of conducting the foregoing activities), in each case that are permitted for real estate investment trusts under the Code.

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Permitted Business Acquisition means any acquisition of all or substantially all the assets of, or all or substantially all the Equity Interests (other than directors’ qualifying shares) not previously held by the Borrower and its Subsidiaries in, or merger, consolidation or amalgamation with, a person or division or line of business of a person (or any subsequent investment made in a person or division or line of business previously acquired in a Permitted Business Acquisition), if immediately after giving effect thereto: (i) no Event of Default under clause (b), (c), (h) or (i) of Section 7.01 shall have occurred and be continuing or would result therefrom, provided, however, that with respect to a proposed acquisition pursuant to an executed acquisition agreement, at the option of the Borrower, the determination of whether such an Event of Default shall exist shall be made solely at the time of the execution of the acquisition agreement related to such Permitted Business Acquisition; (ii) all transactions related thereto shall be consummated in accordance with applicable laws; (iii) with respect to any such acquisition or investment with cash consideration in excess of $50,000,000, the Borrower shall be in Pro Forma Compliance immediately after giving effect to such acquisition or investment and any related transaction; (iv) any acquired or newly formed Subsidiary shall not be liable for any Indebtedness except for Indebtedness permitted by Section 6.01; (v) to the extent required by Section 5.10, any person acquired in such acquisition, if acquired by the Borrower or a Domestic Subsidiary, shall be merged into the Borrower or a Subsidiary Loan Party or become upon consummation of such acquisition a Subsidiary Loan Party; and (vi) the aggregate cash consideration in respect of such acquisitions and investments in assets that are not owned by the Borrower or Subsidiary Loan Parties or in Equity Interests of persons that are not Subsidiary Loan Parties or do not become Subsidiary Loan Parties, in each case upon consummation of such acquisition, shall not exceed the greater of (x) $150,000,000 and (y) 0.05 times the EBITDA calculated on a Pro Forma Basis for the then most recently ended Test Period (excluding for purposes of the calculation in this clause (vi), (A) any such assets or Equity Interests that are no longer owned by the Borrower or any of its Subsidiaries and (B) acquisitions and investments made at a time when, immediately after giving effect thereto, the Net Total Leverage Ratio on a Pro Forma Basis would not exceed 3.15 to 1.00, which acquisitions and investments shall be permitted under this clause (vi) without regard to such calculation).

  • Restricted Business has the meaning set forth in Section 6.10(a).

  • Related Business means any business that is related, ancillary or complementary to the businesses of the Company and the Restricted Subsidiaries on the Issue Date.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Controlled unaffiliated business means a company:

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Regulated Business means a business which is required to be licensed under one or other of the regulatory laws;

  • Qualified business means an eligible business that:

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

  • Prohibited Business shall be defined as any business and any branch, office or operation thereof, which is a primary competitor of the Company with respect to the Business wherever the Company does business, in North America or abroad.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Sexually oriented business means an adult arcade, adult bookstore or adult video store, adult cabaret, adult motel, adult motion picture theater, adult theater, escort agency, nude model studio, or sexual encounter center.

  • Qualified business facility means any building, complex of

  • Consolidated Businesses means the General Partner, the Borrower and their wholly-owned Subsidiaries.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be:

  • Valid business purpose means one or more business purposes that alone or in combination

  • Disadvantaged Business means a small business concern: (a) which is at least 51 percent owned by one or more socially and economically disadvantaged individual(s) or in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more socially and economically disadvantaged individual(s); and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individual(s) who own it. It is important to note that the business owners themselves must control the operations of the business. Absentee ownership or title ownership by an individual who does not take an active role in controlling the business is not consistent with eligibility as a DBE under CFR 49 Part 26.71.

  • Business use means the use of a manufactured home for a purpose other than as a permanent or temporary dwelling.

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.