Business Claims definition

Business Claims means the benefit of all rights and claims arising from, or coming into existence as a result of, the carrying on of any Business by a Business Seller whether arising on, prior to or after Completion, other than rights and claims relating to the Excluded Assets or the Excluded Liabilities;
Business Claims means the benefit of all rights and claims of the Activity Transferor arising out of or in connection with the Activity or any of the Activity Assets including:-
Business Claims has the meaning set forth in Section 6.11.

Examples of Business Claims in a sentence

  • The Parties will maintain complete and correct books and records relating to the policies of the Subject Business, Claims and their respective obligations under this Agreement (the “Books and Records”).

  • ASSUMPTION OF CONTRACTS AND BUSINESS CLAIMS 7.1 With effect from the Completion Date, the Activity Transferee shall become entitled to the Business Claims and to the benefits of the Activity Transferor under the Contracts and the Activity Transferee undertakes to the Activity Transferor to carry out and perform and to complete all the obligations and liabilities of the Activity Tranferor created by or arising under the Contracts.

  • Julie Triedman, Ground Shifts Under Howrey’s Unfinished Business Claims, AMERICAN LAWYER (July 28, 2014), http://www.americanlawyer.com/id=1202664908745/Ground-Shifts-Under- Howreys-Unfinished-Business-Claims?slreturn=20140919163431.

  • Unfinished Business Claims During the early part of 2011, the Trustee began seeking discovery under Bankruptcy Rule 2004 from each of the law firms to which departing Partners of the Debtor relocated (the “Successor Firms”).

  • Since January 30, 2016, there has been no event or circumstance, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect.


More Definitions of Business Claims

Business Claims has the meaning set forth in Section 5.19(a).
Business Claims shall have the meaning specified in Section 1.1(m).
Business Claims means the benefit of all rights and claims of the Transferor Company arising out of or in connection with the Transferor Company’s business carried under any lease agreements, Memoranda of Understandings, other agreements, licenses, warranties, conditions, guarantees, indemnities or other rights subsisting at the Appointed Date (whether express or implied) in favour of the Transferor Company.
Business Claims means the benefit of all rights and claims arising exclusively or predominantly from the carrying on of the Business by the Seller (whether arising on, prior to or after Closing) including Trade Debtors but excluding rights and claims to the extent that they relate to taxation or to any of the Excluded Contracts, the Excluded Assets or the Excluded Liabilities; Business Contracts means all contracts, engagements, licences, guarantees and other commitments to the extent that they relate to the Business entered into by or on behalf of, or the benefit of which is held on trust for or has been assigned to, the Seller prior to Closing (but excluding agreements, leases or other documents relating to ownership or occupation of the Business Properties and the Excluded Contracts);
Business Claims means all rights and claims of the Seller against any third parties or insurers arising directly or indirectly out of or in connection with the operation of the Business or in relation to any of the Assets, but excluding any such rights or claims which form part of the Excluded Assets;
Business Claims has the meaning specified in Section 2.01(c).
Business Claims means the benefit of all rights, entitlements or claims to which the Seller or any member of the Seller's Group is entitled arising directly or indirectly out of or in connection with the operation by the Seller or any member of the Seller's Group of the Business prior to Completion (including under any warranty, condition, guarantee or indemnity under any of the Contracts or in respect of any policy of insurance, and including, for the avoidance of doubt, any claim against APV (UK) Limited under the APV Purchase Agreement), excluding all rights, entitlements or claims in respect of the Excluded Contracts, Excluded Liabilities or the Excluded Assets;