ASP Business definition

ASP Business means an application services provider business through which the Borrower will provide information technology-based services and other services designed to assist health care providers in the growth and development of their business, which services, will include, without limitation: installation, maintenance, hosting and support of information technology systems; installation, maintenance and support of excimer lasers and other equipment used to perform vision correction surgery; sales and marketing products and services designed to assist health care professionals in the growth of their businesses; financial and operations management services; patient financing and credit card services; and other electronic services and related electronic commerce capabilities.
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Examples of ASP Business in a sentence

  • For the purposes of this Contribution Agreement, "Material Adverse Effect" means any material adverse effect on the business, properties, assets, operations, results of operations, liabilities, financial condition or prospects of Charlie USA, Charlie Sub, the ASP Business or the Company, as the case may be, and their subsidiaries, taken as a whole, or on the transactions contemplated hereby.

  • The Borrower will not, and will not permit any of its Subsidiaries, including, without limitation, any New Subsidiary, to, engage in any business activity, except in the fields of enterprise relating to eye care as it is presently conducting and such activities as may be incidental or related thereto and reasonable extensions thereof, including, without limitation, the ASP Business.

  • The Contributed Assets represent all assets that are necessary to conduct the ASP Business as presently conducted.

  • Since the Acquisition Date, Charlie USA has conducted the ASP Business only in the ordinary course and in a manner consistent with prior business practices.

  • Except as set forth in SCHEDULE 4.16, Charlie USA does not have any outstanding claim, liability, indebtedness or obligation in respect of the ASP Business or the Contributed Assets in excess of $50,000 in any individual case or $250,000 in the aggregate, contingent or otherwise.

  • Set forth as SCHEDULE 4.15 is a balance sheet relating to the ASP Business since the Acquisition Date.

  • Except for the Assigned Contracts and as set forth on ANNEX F, there are no service or maintenance contracts or management agreements (written or oral) to which Charlie USA is a party that directly affect the ASP Business or the Contributed Assets.

  • SCHEDULE 4.17 sets forth the suppliers and the customers of Charlie USA in respect of the ASP Business, other than those customers who are parties to the contracts set forth on ANNEX F.

  • Charlie USA owns no real property in connection with the ASP Business and has no real property lease or sublease other than those leases constituting Assigned Contracts and set forth on ANNEX D.

  • Charlie USA holds all material governmental and other third party permits (including occupancy permits), licenses, consents and authorizations ("Permits") required in connection with the use, operation or ownership of the Contributed Assets and the conduct of the ASP Business as currently conducted.