Remaining Business of the Demerged Company definition

Remaining Business of the Demerged Company means all the business, units, divisions, undertakings, and assets and liabilities of the Demerged Company other than the Demerged Undertaking;
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Remaining Business of the Demerged Company means all the business, units, divisions, undertakings (specifically including the non-banking financial activities and insurance advisory services as a corporate agent) and assets and liabilities of the Demerged Company other than those forming part of the Demerged Undertaking;
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Remaining Business of the Demerged Company means the business of GPIL in relation to manufacturing and providing metering and metering solutions, undertaking engineering, construction and contracts on turnkey basis and comprising of all assets (including shares in the companies engaged in similar business activity), properties, and liabilities, obligations, claims and demands of the Demerged Company other than that comprised in Demerged Undertaking, as defined in Clause 1.3 of Part III of the Scheme.
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Examples of Remaining Business of the Demerged Company in a sentence

  • The Demerged Company shall continue to be liable to perform and discharge all its liabilities and obligations in relation to the Remaining Business of the Demerged Company and the Resulting Company shall not have any liability or obligation in relation to the Remaining Business of the Demerged Company.


More Definitions of Remaining Business of the Demerged Company

Remaining Business of the Demerged Company means all assets and liabilities including immovable property, undertakings, businesses, activities and operations of the Demerged Company, other than the De- merged Business.
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Remaining Business of the Demerged Company means all assets, liabilities and investments of the Demerged Company other than what constitutes the Demerged Undertaking as per this Scheme. The Remaining Business of the Demerged Company would specifically include all immovable properties, Trademarks, Trade Names, Brands, Patents, Copyrights, Logo, Designs and all other Intellectual Properties whether registered or not , held , applied or used by the Demerged Company. This would inter alia include all assets and liabilities not tagged to the Demerged Undertaking by the Board of the Demerged Company, any Income Tax assets, losses or Liabilities and Investment in Hansa Marketing Services Pte Limited, Singapore. This would further include specific operational performance of operating agreements and arrangements identified by the Resulting Company to be undertaken by the Demerged Company on behalf of the Resulting Company in any form and manner as mutually agreed between the Board of the Demerged Company and Resulting Company.
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Remaining Business of the Demerged Company means all the business, units, divisions, undertakings, and assets and liabilities of the Demerged Company relating to the India domestic business which does not form part of the Demerged Undertaking and shall always include assets and liabilities pertaining to the above businesses and the Excluded Assets;
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Remaining Business of the Demerged Company means all the undertakings, businesses, activities and operations of the Demerged Company other than the Radio Business;
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Related to Remaining Business of the Demerged Company

  • Remaining Business means all IAC Businesses other than the Spun Businesses.

  • Qualifying business means a business which establishes a qualifying project in this state and which is certified by the Department of Economic Opportunity to receive tax credits pursuant to this section.

  • 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 —

  • 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.

  • Company IT Assets means computers, Software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, and all other information technology equipment, and all associated documentation, in each case, used or held for use by a member of the Company Group.

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

  • Company Business means the business of the Company as presently conducted.

  • Competing Business means any person or entity that competes with the Company Group in the sale, marketing, production, distribution, research or development of Competing Products in the same markets.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Doing business means engaging in any activity, whether legal or illegal, that is conducted

  • Veteran-owned business means a business that is at least 51% owned by a veteran or veterans who are U.S. citizens and who control and operate the business

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

  • Certified Minority Business Enterprise means a business which has been certified by the certifying organization or jurisdiction in accordance with s. 287.0943(1) and (2).

  • Company Group means the Company and its Subsidiaries.

  • 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.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • 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;