Substantial business operations definition

Substantial business operations means, inter alia, operations carried out by an entity incorporated in and licensed by a State Party to provide services, and shall be further developed through negotiations after adoption of this Protocol. The results of such
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Substantial business operations. – means, inter alia, operations carried out by an entity incorporated in and licensed by a State Party to provide services, and as further defined in Annex 2 (Substantial Business Operations) - a juridical person of a non-State Party will be considered not to have substantial business operations if it does not possess a real and continuous link to the economy of a State Party or maintains negligible or no business operations in that State Party.
Sample 1
Substantial business operations. – means, inter alia, operations carried out by an entity incorporated in and licensed by a State Party to provide services, and shall be further developed through negotiations after adoption of this Protocol. Further defined in Annex 2 (Substantial Business Operations) - further to the definition of “substantial business operations” in Article 1 of the Protocol, a juridical person of a non-State Party will be considered not to have substantial business operations if it does not possess a real and continuous link to the economy of a State Party or maintains negligible or no business operations in that State Party.
Sample 1

Related to Substantial business operations

  • 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.

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

  • 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.

  • Special Business means all business transacted at a special Members’ meeting and all business transacted at an annual Members’ meeting except for the following:

  • Business has the meaning set forth in the Recitals.

  • Operations means all the activities conducted by PURCHASER under this contract, including project work, logging, or post harvest activities; or the furnishing of all materials, equipment, labor, and incidentals necessary to successfully complete any individual item or the entire contract.