Significant Operation

Significant Operation. Means a business of a Person that offers a Competitive Product or Service, and pursuant to such business that Competitive Product or Service generates revenues that equal or exceed twenty percent (20%) of the Company's consolidated revenues as of the end of the immediately preceding calendar year. For clarity, a Person (if a parent holding company) or separate operations or businesses of a Person that do not offer a Competitive Product or Service shall not be deemed to be a Significant... Operation even though other operations or businesses of that same Person may be a Significant Operation. View More