Predecessor Business definition

Predecessor Business means the business of the parties to the Purchase Agreement immediately prior to the Closing (as such term is defined in the Purchase Agreement).
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Predecessor Business means Valero’s retail business in the United States and Canada that, prior to the Funding Date, was owned by direct and indirect wholly-owned Subsidiaries of Valero, including an allocable portion of Valero’s corporate costs.
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Predecessor Business means all customer, product or service revenues that were included in the Company’s books, accounts and records through the date of execution of this Agreement as Predecessor Business shall include (i) any EBIDTA amounts recorded through and including the 13th month starting on the effective date as a result of any/all services provided through Revenue Agreements with Purchaser or any affiliate of Purchaser; or (2) any revenue or expenses related to the Call Center. The Company’s customer master list on Close is included using Exhibit G.
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Examples of Predecessor Business in a sentence

  • To the Members of Triad Park, LLC: We have audited the accompanying balance sheet of the Predecessor Business (See Note 1) of Triad Park, LLC (a Delaware limited liability company) as of September 30, 1995 and 1996 and December 31, 1996, and the related statements of operations, changes in members' equity and cash flows for the years ended September 30, 1995 and 1996 and for the three months ended December 31, 1996.

  • Owner’s receipt and/or approval of or failure to object to any Monthly Updated Schedule shall not relieve Contractor of its obligation to complete the Work in accordance with the CPM Schedule, the Contract Time and any changes in the time for Final Completion shall be only by Change Order.

  • In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Predecessor Business of Triad Park, LLC (a Delaware limited liability company) as of September 30, 1995 and 1996 and December 31, 1996 and the results of its operations and cash flows for the years ended September 30, 1995 and 1996 and the three months ended December 31, 1996, in conformity with generally accepted accounting principles.

  • The terms "Predecessor" and "Predecessor Business" refer to the owning companies of the four vessels that comprised our initial fleet (hereinafter referred to as our "Initial Fleet"), prior to their acquisition by us.

  • This pro forma information has been prepared utilizing the historical financial statements of the Predecessor Business of Triad Park, LLC.

  • The terms "Predecessor" and "Predecessor Business" refer to the owning companies of the four vessels that comprised our initial fleet, prior to their acquisition by us.

  • We hereby consent to the use in this Registration Statement on Form S-1 of our reports dated June 8, 1999 relating to the financial statements and financial statement schedule of Paradyne Networks, Inc., and our report dated November 23, 1998, relating to the financial statements of Paradyne Predecessor Business, all of which appear in such Registration Statement.

  • To the Stockholders of Element K Corporation: As independent public accountants, we hereby consent to the use of our reports on the financial statements of Element K Corporation, dated April 12, 2000; Element K Corporation Predecessor Business, dated March 15, 2000; and Element K Content LLC Predecessor Business dated March 15, 2000, (and to all references to our Firm) included in or made a part of this registration statement.

  • As a condition precedent to completion of the merger, Triad arranged for the spin-off of certain real estate assets and related liabilities (such assets and liabilities hereinafter referred to as the Predecessor Business) to Triad stockholders.

  • The agreement required the Company to make payments to SCIMED primarily based on net sales (as defined), through June 1996, of products previously manufactured by the Predecessor Business as of the acquisition date.


More Definitions of Predecessor Business

Predecessor Business. “ means any business (other than the Business) owned or operated by Concrete, any of its Subsidiaries, Geosolutions or any of their respective predecessors, including SI Corp and SIND and including, without limitation, the carpet backing business.
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Predecessor Business means any business, activity or transaction of the Company or any current or former Affiliate of the Company, or any entity merged with, or wholly or partially liquidated into, any former Affiliate of the Company other than the Shipbuilding Business.
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Related to Predecessor Business

  • Acquired Entity or Business has the meaning specified in the definition of the term “Consolidated EBITDA.”

  • Sold Entity or Business has the meaning specified in the definition of the term “Consolidated EBITDA.”

  • 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.

  • 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.

  • 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.

  • Predecessor Company means an entity whose ownership, title and interest, including all rights, benefits, duties and liabilities were acquired in an uninterrupted chain of succession by the company.

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

  • Active Trade or Business means the active conduct (determined in accordance with Section 355(b) of the Code) of the business conducted by the WRECO Group members. For these purposes, members shall include only those members that are part of WRECO’s “separate affiliated group” within the meaning of Section 355(b)(3)(B) of the Code.

  • Predecessor Entity means a legal entity the existence of which ceased upon its acquisition by the Corporation in a merger or otherwise; and

  • Separate Business means each of the activities of the Licensee connected

  • Predecessor Employer means the South Shore District Health Authority, South West Nova District Health Authority, Annapolis Valley District Health Authority, Colchester East Hants Health Authority, Cumberland Health Authority, Pictou County Health Authority, Guysborough Antigonish Strait Health Authority, Cape Breton District Health Authority and Capital District Health Authority.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is:

  • Disabled Business Enterprise means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one (51%) owned and controlled by one (1) or more persons with a disability, or, in the case of any publicly-owned business, at least fifty one percent (51%) of the stock of which is owned and controlled by one(1) or more persons with a disability and whose management and daily business operations are under the control of one (1) or more persons with a disability.

  • Predecessor Bond means, with respect to any particular Bond, every previous Bond evidencing all or a portion of the same debt as that evidenced by such particular Bond; and, for the purpose of this definition, any Bond authenticated and delivered under Section 2.06 in lieu of a mutilated, lost, destroyed or stolen Bond shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Bond.

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Predecessor act means an act or part of an act repealed by this act, or an act or part of an act repealed by an act that this act repeals.

  • LIBOR Business Day Any day on which banks in London, England and The City of New York are open and conducting transactions in foreign currency and exchange.

  • successor in business means any company which, as a result of any amalgamation, merger or reconstruction: (a) owns beneficially the whole or substantially the whole of the undertaking, property and assets owned by the Issuer immediately prior thereto; and (b) carries on, as successor to the Issuer, the whole or substantially the whole of the business carried on by the Issuer immediately prior thereto.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • RFR Business Day means as applicable, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to (i) Sterling, a day on which banks are open for general business in London and (ii) Euro, a TARGET Day.

  • Controlled unaffiliated business means a company:

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

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