Telecoms Business definition

Telecoms Business means the development, ownership or operation of telecommunications systems in Hungary and in Romania and/or provision of public telephone switching and data and internet services in Hungary and connecting to other countries and/or any business directly related thereto and reasonably considered to be financially beneficial to such business and the development, ownership or operation of wholesale data services in Austria, Bulgaria, Czech Republic, Italy, Slovakia, Serbia, Slovenia, Turkey and Ukraine.
Telecoms Business means the development, ownership or operation of one or more telephone, telecommunications or information systems or the provision of telephony, telecommunication or information or internet services and any related, ancillary or complementary business.
Telecoms Business means the development, ownership or operation of telecommunications systems in Hungary and in Romania and/or provision of public telephone switching and data and internet services in Hungary and connecting to other countries and/or any business directly related thereto and reasonably considered to be financially beneficial to such business.

Examples of Telecoms Business in a sentence

  • The Parent shall ensure that, in the case of an IPO as set out in paragraph 2(b) of Schedule 12 (Margin Adjustment), a further raising of equity investment or a high yield issue in accordance with paragraph (g) of the definition of "Permitted Indebtedness", the proceeds received by it shall be used for Cash Equivalent Investments or investment in Telecoms Business of the Obligor Group in France or Germany.

  • The Facilities are intended for the financing of the development of the Telecoms Business of the Group in France and Germany in accordance with the Business Plan and, accordingly, each Borrower shall apply all amounts raised by it hereunder in or towards satisfaction of such requirements and none of the Finance Parties or the EIF shall be obliged to concern themselves with such application.

  • The Group (taken as a whole) ceases to carry on the Telecoms Business.

  • The Facilities are intended for the financing of the development of the Telecoms Business of the Group in France and Germany in accordance with the Business Plan and, accordingly, each Borrower shall apply all amounts raised by it hereunder in or towards satisfaction of such requirements and none of the Finance Parties shall be obliged to concern themselves with such application.