Primary Business definition

means a business which pays its full-time production employees at the facility average cash compensation, which shall not include the cost of the business's contribution to retirement or health benefit plans, equating to fifteen dollars per hour worked by the end of the second full year of operation following project completion, and which provides the department of economic development within thirty days of March 4, 1994, with notice of its intent to develop and operate a new manufacturing facility on a specific location within the state, including the legal description of the site which shall not contain more than two thousand five hundred acres, to invest at least two hundred fifty million dollars in the facility, and to commence construction of the facility by December 31, 1994, providing all necessary permits have been issued and zoning changes made in time for construction to begin by that date. The business shall also guarantee that it will create at least three hundred full-time jobs at the facility. The headquarters of the primary business need not be within the zone.

Based on 10 documents means a manufacturer in which more than one-half of its product produced is and Based on 7 documents

Examples of Primary Business in a sentence

More Definitions of Primary Business

includes any entity that derives 51% or more of its revenues from the Business. Notwithstanding the foregoing, the Employee’s ownership or control of up to two percent (2%) of the outstanding voting securities or securities of any class of a company with a class of securities which are publicly traded shall not be deemed to be a violation of the provisions of this Section 7.1.

Based on 6 documents

means the delivery of Podiatric healthcare services in markets where the Company or its subsidiaries own, operate or manage Physician Practices or Ambulatory Surgery Centers. These Podiatric healthcare services can include but are not limited to; (A) individual Podiatric Physician Practices and/or Podiatric physician-based organizations such as primary care and specialty clinics, Podiatric Physician-hospital organizations ("PMOs") or medical service organizations ("MSOs"), or Podiatric Physician medical groups; and (B) ambulatory programs such as home health care, ambulatory surgery, occupational and sports medicine centers, and other diagnostic, rehabilitative and treatment services for Podiatric patients. Some of these services, sites and facilities may be located in satellite areas for the purpose of extending the Physician Practice's geographic service area and to serve as access points and/or referral sources for either the local delivery system or the Physician Practice's geographic service area and to serve as access points and/or referral sources for either the local delivery system or the Physician Practice's. The Board may modify, from time to time, the definition of Primary Business to include any additional Podiatric business or service in which the Company may engage during the Term or to exclude any business or service in which the Company ceases to engage. The definition of "Primary Business" may also be modified to include any Podiatric business or service into which, as of the Termination Date, the Company definitively intends to expand, regardless of whether such expansion actually occurs after the Executive's termination. For purposes of the preceding sentence, the date on which a modification of the definition of "Primary Business" shall be effective shall be the date on which the Executive is provided written notice of such modification, (the "Notice Date") PROVIDED, HOWEVER, that no such modification as to which notice is provided on or after the Termination Date shall be effective against the Executive; and PROVIDED, FURTHER, that no such modification shall be effective with respect to any interests, investments or business activities engaged in by Executive prior to the Notice Date of such modification and properly disclosed prior to such Notice Date pursuant to Section 10(a);

Based on 6 documents

means the delivery of integrated healthcare services in markets where the Company or its subsidiaries own hospitals and/or skilled nursing facilities ("SNFs") with the hospital serving as the hub of the local delivery system in conjunction with its physician medical staff. In addition to inpatient acute care, psychiatric care, and skilled nursing care, these services can include (A) individual physician practices and/or physician-based organizations such as primary care and specialty clinics, physician-hospital organizations ("PMOs") or medical service organizations ("MSOs"), or physician medical groups and (B) ambulatory programs such as home health care, ambulatory surgery, psychiatric services, occupational and sports medicine centers, psychiatric after-care and day care programs, and other diagnostic, rehabilitative and treatment services. Some of these services, sites and facilities may be located in satellite areas for the purpose of extending the hub hospital's geographic service area and to serve as access points and/or referral sources for either the local delivery system or the hub hospital's geographic service area and to serve as access points and/or referral sources for either the local delivery system or the hub hospital. The Board may modify, from time to time, the definition of Primary Business to include any additional business or service activity in which the Company may engage during the Term or to exclude any business or service in which the Company ceases to engage. The definition of "Primary Business" may also be modified to include any business or service into which, as of the Termination Date, the Company definitively intends to expand, regardless of whether such expansion actually occurs after the Executive's termination. For purposes of the preceding sentence, the date on which a modification of the definition of "Primary Business" shall be effective shall be the date on which the Executive is provided written notice of such modification (the "Notice Date"); provided, however, that no such modification as to which notice is provided on or after the Termination Date shall be effective against the Executive; and provided, further, that no such modification shall be effective with respect to any interests, investments or business activities engaged in by Executive prior to the Notice Date of such modification and properly disclosed prior to such Notice Date pursuant to Section 10(a);

Based on 5 documents has the meaning given such term in Section 2.4. Based on 4 documents

means 50% or more of the retail space within the store is used for the sale of firearms or ammunition.

Based on 3 documents

means the delivery of integrated healthcare services in markets where the Company or its subsidiaries own, operate or manage Physician Practices or Ambulatory Surgery Centers. These integrated healthcare services can include but are not limited to (A) individual Physician Practices and/or physician-based organizations such as primary care and specialty clinics, physician-hospital organizations ("PMOs") or medical service organizations ("MSOs"), or physician medical groups and (B) ambulatory programs such as home health care, ambulatory surgery, occupational and sports medicine centers, and other diagnostic, rehabilitative and treatment services. Some of these services, sites and facilities may be located in satellite areas for the purpose of extending the Physician Practice's geographic service area and to serve as access points and/or referral sources for either the local delivery system or the Physician Practice's geographic service area and to serve as access points and/or referral sources for either the local delivery system or the Physician Practice's. The Board may modify, from time to time, the definition of Primary Business to include any additional business or service activity in which the Company may engage during the Term or to exclude any business or service in which the Company ceases to engage. The definition of "Primary Business" may also be modified to include any business or service into which, as of the Termination Date, the Company definitively intends to expand, regardless of whether such expansion actually occurs after the Executive's termination. For purposes of the preceding sentence, the date on which a modification of the definition of "Primary Business" shall be effective shall be the date on which the Executive is provided written notice of such modification (the "Notice Date"); PROVIDED, HOWEVER, that no such modification as to which notice is provided on or after the Termination Date shall be effective against the Executive; and PROVIDED, FURTHER, that no such modification shall be effective with respect to any interests, investments or business activities engaged in by Executive prior to the Notice Date of such modification and properly disclosed prior to such Notice Date pursuant to Section 10(a) or in the Asset Purchase Agreement;

Based on 3 documents

means the ownership and operation of television stations and networks and production facilities and the creation, production, development and distribution of products for television.