New Business

New Business. Means any active business operations related to TFC's core business operations; PROVIDED THAT, (a) prior to the acquisition of such active business operations, one or more of the Founders identified, in writing, such active business operations for acquisition by TFC, (b) prior to the acquisition of such active business operations, the board of directors of Hub U.S. (or an officer designated by the board of directors of Hub U.S.) approved, in writing, such acquisition and (c)... such active business operations were acquired after the Closing Date by TFC from an unrelated third party. View More

New Business. Any customer of Supplier which is brought into the Pathway program to a Retailer Operated location and who does not otherwise qualify as Retailer Conversion Gallons.