Asset Segment definition

Asset Segment means (i) Denny's Holdings, or (ii) any Subsidiary, group of Subsidiaries or group of assets (other than inventory held for sale in the ordinary course of business) of an Issuer or its Subsidiaries which (A) accounts for at least 20 percent of the total assets of such Issuer and its Subsidiaries on a consolidated basis as of the end of the last fiscal quarter immediately preceding the date for which such determination is being made or (B) accounts for at least 20 percent of the income from continuing operations before income taxes, extraordinary items and cumulative effects of changes in accounting principles of such Issuer and its Subsidiaries on a consolidated basis for the four full fiscal quarters immediately preceding the date for which such calculation is being made.
View Source
Asset Segment means (i) Denny's Holdings, Inc., (ii) Spartan Holdings, Inc., (iii) FRD, or (iv) any Subsidiary, group of Subsidiaries or group of assets (other than inventory held for sale in the ordinary course of business) of the Issuer or its Subsidiaries which (A) accounts for at least 20 percent of the total assets of the Issuer and its Subsidiaries on a consolidated basis as of the end of the last fiscal quarter immediately preceding the date for which such determination is being made or (B) accounts for at least 20 percent of the income from continuing operations before income taxes, extraordinary items and cumulative effects of changes in accounting principles of the Issuer and its Subsidiaries on a consolidated basis for the four full fiscal quarters immediately preceding the date for which such calculation is being made.
View Source
Asset Segment means (i) Denny's Holdings, Inc., (ii) Spartan Holdings, Inc., (iii) FRD, or (iv) any Subsidiary, group of Subsidiaries or group of assets (other than inventory held for sale in the
View Source

Related to Asset Segment

  • Market segment means the portion of the market covering one (1) of the

  • Segment means a portion of the Term Loan (or all thereof) with respect to which a particular interest rate is (or is proposed to be) applicable.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • Core Business means any material line of business conducted by the Borrower and its Subsidiaries as of the Closing Date and any business reasonably related or incidental thereto.

  • Combined cycle system means a system comprised of one or more combustion turbines, heat recovery steam generators, and steam turbines configured to improve overall efficiency of electricity generation or steam production.