Residual Business definition
Examples of Residual Business in a sentence
Group that are attributable to Residual Business Operations; (v) all Taxes for which any current or former member of the Ashland Group or the New Ashland Inc.
The books and records of the Residual Business shall be maintained at the location specified in Section 2.5. The Residual Business shall keep current and complete records and books of account in which shall be entered fully and accurately all transactions of the Residual Business.
Advance/Newhouse, TWE and Paragon agree to take the position for all Income T▇▇ ▇▇▇▇▇ses that the Selected Business and the Residual Business are not operated as a partnership at any time on or after August 1, 2002, unless required to do otherwise as a result of a Final Determination that the Selected Business and Residual Business are operated as a partnership.
Residual Business .........................................................4 1.37.
Management of the Except as otherwise provided herein, prior Subsidiary: to the Closing TWE will continue to manage TWE-A/N (including the Selected Business) in the ordinary course of business and in accordance with the provisions of the existing TWE-A/N Partnership Agreement (including, without limitation, as to the payment of liabilities related to the Selected Business and Residual Business consistent with past practice).