Transfer of Business definition

Transfer of Business means a transfer of the Participant’s position to another entity, as part of either (i) a transfer to such entity as a going concern of all or part of the business function of the Company in which the Participant was employed, or (ii) an outsourcing to another entity of a business function of the Company in which the Participant was employed.
Transfer of Business means the transfer, conveyance, assignment or succession, whether by Agreement or by operation of law, of the whole or any part of the business, undertaking or establishment to which this Agreement applies.
Transfer of Business means a transfer of the Participant’s position to another entity, as part of either (i) a transfer to such entity as a

Examples of Transfer of Business in a sentence

  • For additional guidance, refer to the Transfer of Business subsection in the General Rules section of this manual.

  • MIR-7.1.3 A Transfer of Business application referred to under paragraph MIR-7.1.2, shall be published in the Official Gazette and also in 2 daily newspapers, one in Arabic and one in English in Bahrain.

  • Where there is a Transfer of Business, the provisions in the Act will apply.

  • MIR-7.1.6The CBB shall give its approval to a Transfer of Business if the application satisfies the requirements set in rule MIR-7.1.5. Such approval may be given subject to any conditions deemed appropriate by the CBB.

  • MIR-7.1.7 The decision of the CBB on a Transfer of Business shall be published in the Official Gazette as well as in 2 daily newspapers, one in Arabic and one in English in Bahrain.


More Definitions of Transfer of Business

Transfer of Business means: i. the sale of the whole of or more than 50% of the operative business of the PureDepth Group, other than by the sale of shares; or ii. the change in the effective control of the PureDepth Group by the sale of more than 50% of the shares in the PureDepth Group.
Transfer of Business means a transfer of the Participant’s position to another entity, as part of either (i) a transfer to such entity as a going concern of all or part of the business function of the Company in which the Participant was employed, or (ii) an outsourcing to another entity of a business function of the Company in which the Participant was employed. IN WITNESS WHEREOF WellPoint has caused this Plan document to be executed on its behalf by an authorized officer this 22
Transfer of Business means the transfer of business from Queenslanders to the company pursuant to the Financial Sector (Business Transfer and Group Restructure) Act 1999 (Cth);
Transfer of Business means the transfer, transmission, conveyance, assignment or succession, whether by agreement or by operation of law, of the whole or any part of a business service of Cooma Challenge. For the purposes of this Award a transmission will have been deemed to occur whether or not the character or activity of any business service or part of a business service continues to be identical or similar in character under the control of the transmittee as it did under the transmittor.
Transfer of Business means the closing date of any transaction or related series or combination of transactions whereby the Company’s MMS Business Unit is acquired by a third party in a sale or exchange of stock, merger or consolidation, sales of assets, or other similar transaction not in the ordinary course of the Company’s business. A Transfer of Business shall not include any transaction related to the Company’s MMS Business Unit in the event that such transaction is part of a Change of Control.
Transfer of Business means the transfer of the business of a building society to its successor under this section and “transfer” has a corresponding meaning;
Transfer of Business means the transfer of business from United to the credit union pursuant to the Financial Sector (Business Transfer and Group Restructure) Act 1999 (Cth); and