Power Business definition

Power Business shall have the meaning set forth in the Separation Agreement.
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Power Business means the business of owning, operating, and leasing assets and property in connection with the generation, production, transmission, distribution, and purchase and sale of electricity and other forms of energy-related projects in Canada and the U.S. and engaging in all activities ancillary or incidental thereto.
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Power Business means the design, development, manufacture, marketing, distribution or sale (including solicitation of sale) of, and provision of foundry services and other services related to, Power Products.
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Examples of Power Business in a sentence

  • See Section 21 Sale of U.S. Gas & Power Business to C Wave for additional information.

  • SIEMENS acquired 59% of GAMESA in exchange for 41% of its Wind Power Business and an extraordinary Merger dividend of EUR 998.7 million.

  • With the Group’s expertise and professional team in, among others, investing, developing and managing wind and other clean energy power businesses, the Group is optimistic on continuously developing its Wind Power Business to contribute effort in building up a green future of the PRC.

  • For accounting purposes, the Merger qualifies as a reverse acquisition, by which Siemens Wind Power Business will be considered as accounting acquirer (legal acquiree) and GAMESA as accounting acquiree (legal acquirer).

  • On the Scheme becoming effective, the Mumbai Power Business of the Company comprising integrated business of generation, transmission and distribution would stand vested in REGSL.

  • During the year, the Group’s Wind Power Business expanded steadily.

  • The segment reporting included all operating assets, liabilities, revenues and expenses in the pre-existing legal entities, the legal entities created as part of the carve-out (“Siemens Wind Power NewCos”) and the Siemens Wind Power Business in SIEMENS’ regional companies that has not yet been carved-out.

  • Upon receipt of requisite approvals from regulatory authorities and the lenders, the Scheme was given effect to on August 29, 2018 and, the Mumbai Power Business of the Company comprising integrated business of generation, transmission and distribution was vested in Reliance Electric Generation and Supply Limited (REGSL) with effect from April 1, 2018.

  • As described in Note 1.D, the Merger qualifies for accounting purposes as a reverse acquisition, by which Siemens Wind Power Business will be considered as accounting acquirer and GAMESA as accounting acquiree.

  • The comparative financial information included the net pension liability and related interest expense and service costs for active employees related to the Siemens Wind Power Business as far as the net pension liability has to be legally transferred.


More Definitions of Power Business

Power Business means: (i) the United States Franchised Electric & Gas business unit of Duke Energy (which includes Duke Energy Carolinas, LLC (f/k/a Duke Power Company LLC), Duke Energy Ohio, Inc. (f/k/a The Cincinnati Gas & Electric Company), Duke Energy Indiana, Inc. (f/k/a PSI Energy, Inc.), and Duke Energy Kentucky, Inc. (f/k/a The Union Light, Heat and Power Company)); (ii) the Commercial Power business unit of Duke Energy (which includes the non-regulated power generation business of The Cincinnati Gas & Electric Company and the Midwestern merchant power generating plants previously operated by Duke Energy North America, LLC, and the business of Duke Energy Generation Services (f/k/a Cinergy Solutions); (iii) the International business unit of Duke Energy, which does business primarily through Duke Energy International, LLC, and includes businesses that operate and manage power generation facilities, and engage in sales and marketing of electric power and natural gas outside the United States and Canada (its activities target power generation in Latin America), and an equity investment in National Methanol Company, a leading regional producer of methanol and methyl tertiary butyl ether, located in Saudi Arabia; (iv) the Crescent business unit of Duke Energy, which does business primarily through Crescent Resources, LLC, which is owned by a joint venture among Duke Ventures, LLC (holding a 49% ownership interest), Xxxxxx Xxxxxxx Real Estate Fund V U.S., L.P. and other affiliated funds controlled by Xxxxxx Xxxxxxx (collectively holding a 49% ownership interest), and the President and Chief Executive Officer of Crescent Resources, LLC (holding a 2% ownership interest), and includes businesses that develop and manage commercial, residential and multi-family real estate projects and manage “legacy” land holdings in North and South Carolina; (v) the fiber optic communications network and telecommunications businesses, including DukeNet Communications, LLC, serving wireless, local and long-distance communications companies, internet service providers and other businesses and organizations; (vi) any other business, operations, or assets where such business was conducted primarily through the use of the Power Assets prior to the Effective Time; and (vii) the businesses and operations of Business Entities acquired or established by or for any member of the Duke Energy Group after the Effective Time; provided, however, the Power Business shall not include (a) any business con...
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Power Business means the business conducted by Seller in the Dominican Republic on, or with respect to, the Barges.
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Power Business means: (i) the United States Franchised Electric & Gas business unit of Duke Energy (which includes Duke Energy Carolinas, LLC (f/k/a Duke Power), Duke Energy Ohio, LLC (f/k/a The Cincinnati Gas & Electric Company), Duke Energy Indiana, LLC (f/k/a PSI Energy, Inc.), and Duke Energy Kentucky, LLC (f/k/a The Union Light, Heat and Power Company)); (ii) the Commercial Power business unit of Duke Energy (which includes the non-regulated power generation business of The Cincinnati Gas & Electric Company and the Midwestern merchant power generating plants previously operated by Duke Energy North America, LLC, and the business of Duke Energy Generation Services (f/k/a Cinergy Solutions); (iii) the International business unit of Duke Energy, which does business primarily through Duke Energy International, LLC, and includes businesses that operate and manage power generation facilities, and engage in sales and marketing of electric power and natural gas outside the United States and Canada (its activities target power generation in Latin America), and an equity investment in National Methanol Company, a leading regional producer of methanol and methyl tertiary butyl ether, located in Saudi Arabia; (iv) the Crescent business unit, which does business primarily through Crescent Resources, LLC, and includes businesses that develop and manage commercial, residential and multi-family real estate projects and manage “legacy” land holdings in North and South Carolina; (v) the fiber optic communications network and telecommunications businesses, including DukeNet Communications, LLC, serving wireless, local and long-distance communications companies, Internet service providers and other businesses and organizations; (vi) any other business, operations, or assets where such business was conducted primarily through the use of the Power Assets prior to the Effective Time; and (vii) the businesses and operations of Business Entities acquired or established by or for any member of the Duke Energy Group after the Effective Time; provided, however, the Power Business shall not include (a) any business conducted by any of the PanEnergy Companies at any time prior to the Effective Time, (b) the Campeche Companies or (c) any operation, business or asset expressly included in the Gas Business pursuant to this Agreement.
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Related to Power Business

  • Other Business(es means any business activity we or our Affiliates engage in, other than the licensing of the Hotel.

  • Former Business means any corporation, partnership, entity, division, business unit, business or set of business operations that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (other than solely in connection with the Restructuring), in whole or in part, or the operations, activities or production of which has been discontinued, abandoned, liquidated, completed or otherwise terminated, in whole or in part, in each case, by either Group prior to the Distribution Time.

  • Other Business has the meaning set forth in Section 6.6.

  • Business has the meaning set forth in the Recitals.

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.

  • Micro Business means a company which either:

  • Primary sector business means an individual, corporation, limited liability company,

  • 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.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • 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—

  • Power production activities means any business operation that involves a project commissioned by the government of Iran whose purpose is to facilitate power generation and delivery, including, but not limited to, establishing power-generating plants or hydroelectric dams, selling or installing components for the project, providing service contracts related to the installation or maintenance of the project, as well as facilitating such activities, including by providing supplies or services in support of such activities.

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

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

  • Active business operations means all business operations that are not inactive business operations.

  • 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.

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

  • Enterprise means the Company and any other corporation, constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger to which the Company (or any of its wholly owned subsidiaries) is a party, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, trustee, general partner, managing member, fiduciary, employee or agent.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Business Activities shall be deemed to include any activities which are included in the Company's Business now or during the effective period of this Agreement.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Competitive Business means any person or entity that engages in any business activity that competes with the Company’s business in any way, in any geographic area in which the Company engages in business, including, without limitation, any state in the United States in which the Company sells or offers to sell its products from time to time.

  • banking business means the business of accepting deposits withdrawable or repayable on demand or after a fixed period or after notice and the employment of those deposits, in whole or in part, by lending or any other means for the account and at the risk of the person accepting the deposits;

  • Not-for-Profit Organization means a nonprofit corporation as defined in ORS 307.130.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • Controlled unaffiliated business means a company: