Successor Business definition

Successor Business. – means any business that obtains a decree under this Act for the production of green energy for consumption in Puerto Rico, whose activity is substantially similar to the one specified in the decree of the predecessor business, including a decree or grant under industrial or tax incentives laws, as established in this Act.

Successor Business means Lawriter, Buyer or any Affiliate thereof.

Successor Business has the meaning set forth in Section 2(b) below.

Examples of Successor Business in a sentence

• In such event, Client directs IBM to timely provide the Successor Business Associate all of the PHI of Client that is created, received, maintained, transmitted, used, or disclosed by Business Associate in connection with the services provided pursuant to Xxxxxxx CarePath such that Services to Client will not be interrupted or negatively affected.

• Additionally, this Agreement will terminate upon notification to Client of the establishment of a Successor Business Associate, and the transfer from Business Associate to Successor Business Associate.

• Client agrees to timely enter into a new Business Associate Agreement with the Successor Business Associate.

• Such equity participation will be dependent upon the ultimate configuration of the Company or the Successor Business and the decision of Acquisition Sub to conduct an initial public offering of the Company or the Successor Business (which decision shall be in Acquisition Sub's sole discretion); provided, however, in no event will any such equity participation be less than 5 percent nor greater than 20 percent.

• A Successor Business of a SMBs shall not qualify for the benefits provided for in this Subchapter.

• For purposes of this Section 2(b)(ii), “Earnout” shall mean a lump sum cash payment equal to the product of the Earnout Percentage multiplied by Net Sales of the Successor Business during each calendar quarterly period within the Earnout Period, reduced by the Consortium Net Profits; provided, however, that in no event shall the aggregate of any or all such cash payments exceed Fifteen Million Dollars ($15,000,000).

• Before the Tribal Legislature takes any action terminating the 'Menominee Enterprises Plan" pursuant to Section 14(d) of that document, or before the Tribal Legislature takes any action terminating any successor to Menominee Enterprises established pursuant to this Article, the Tribal Legislature shall establish a successor tribal business (hereinafter "Successor Business") which shall assume control of the management responsibilities, and all books and records of the predecessor business.

• Planet Payment shall respond to[*] of all telephonic or written inquiries within [*] business days, as measured on a calendar monthly basis.

• The Tribal Legislature shall have no authority over the operations of the Successor Business except as specifically set forth in this section.

• Tribal land and interests therein shall not be an asset of the Successor Business for any purpose.

More Definitions of Successor Business

Successor Business has the meaning set forth in Section 2(b) below. “Tax” or “Taxes” means any federal, state, local, or foreign income, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental (including taxes under Code Section 59A), customs duties, capital stock, franchise, profits, withholding, social security (or similar), unemployment, disability, real property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, estimated, or other tax of any kind whatsoever, including any interest, penalty, or addition thereto, whether disputed or not, and including any obligations to indemnify or otherwise assume or succeed to the Tax liability of any other Person. “Tax Return” means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof. “Third-Party Claim” has the meaning set forth in Section 8(d) below. Page 8 “Thunderstone Agreement” has the meaning set forth in Section 6(j) below. “Thunderstone Obligation” has the meaning set forth in Section 6(j) below. “Thunderstone Software” has the meaning set forth in Section 6(j) below. “Trade Secrets” has the meaning set forth in Section 6 below. “Triggering Event Fees” has the meaning set forth in Schedule 2(b)(ii)(C) below as to each Consortium License. “Updated Content” has the meaning set forth in Section 6(h) below. “Updated Thunderstone Software” shall have the meaning ascribed thereto in Section 6(h) of this Agreement. WARN Act” has the meaning set forth in Section 4(r) below. SECTION 2.

Successor Business means that person who continues in a substantially similar manner the original business activity of another person through the acquisition and use, by any means, of ownership or control over the operational characteristics of the original business activity so as to enable it to carry on or continue such activity. (5005)

Successor Business means the business which the Purchaser carries on, making use of the subject matter of this agreement, after Completion. Tax means taxes, levies, imposts, deductions, charges, withholdings and duties (excluding stamp duties), together with any related interest, penalties, fines and other statutory charges whether accruing before or after Completion.