Business Goodwill definition

Business Goodwill means the goodwill relating to each Business, together with the right for the Buyer or relevant Buyer’s Group Company to represent itself as carrying on that Business in succession to the relevant Business Seller;
Business Goodwill means the goodwill of the Business;
Business Goodwill means all the goodwill of the Business Sellers in relation to the Business together with the exclusive right for the Purchaser to represent itself as carrying on the Business in succession to the Business Sellers;

Examples of Business Goodwill in a sentence

  • The Business Goodwill and Know How are hereby transferred to the Transferees.

  • Notwithstanding any provision to the contrary in this Agreement, in the event any Taxing authority disputes the amount of Purchase Price allocated to Business Goodwill or the Owners’ IP in any audit or other Tax proceeding, Purchaser shall have no obligation to take any position consistent with the Allocation Statement or Allocation Principles.

  • Any payment made in satisfaction of a liability arising under a Seller Obligation or a Purchaser Obligation shall, if it is specifically referable to any particular Business Asset, adjust the price paid for the relevant Business Asset, otherwise it shall adjust that part of the price as is attributable to the Business Goodwill.

  • Business Goodwill and Intellectual Property $ 770,000.00 TOTAL $ 900,000.00 THIS AGREEMENT (“Agreement”) is made and entered this 14th day of May, 2003, by and between Video City, Inc.

  • The Business Goodwill and Value Protection Agreement, duly executed by Purchasers.


More Definitions of Business Goodwill

Business Goodwill means all the goodwill of the Vendor in relation to the Business;
Business Goodwill means all the goodwill and connection of the Transferor in its reinsurance business but, for the avoidance of doubt, such expression shall not include any of the Transferor's goodwill in the Retained Business or in the "St. ▇▇▇▇" brand or any other Intellectual Property used from time to time as part of the insurance branding of the Transferor's Group;
Business Goodwill means all the goodwill in relation to the Business;
Business Goodwill means, as at the Transfer Time, all the goodwill of the Seller in relation to the Business, including the exclusive right of the Purchaser to engage in trade under the trade name of “Ariane” and represent itself as carrying on the Business in succession to the Seller as from the Transfer Time.
Business Goodwill means the goodwill owned by Bloxbiz, including the items listed on Schedule 1.
Business Goodwill means the goodwill relating to the Business, together with the exclusive right for the Purchaser to represent itself as carrying on the Business in succession to the Business Seller; Business Information means, in relation to the Business, all information in respect of which the Business Seller has a right to transfer possession to the Purchaser Group to the extent that such information relates exclusively or predominantly to the Business;
Business Goodwill means the goodwill relating to each Business, together with the exclusive right for the relevant Business Purchaser to represent itself as carrying on such Business in succession to the relevant Business Seller; Business Information means, in relation to each Business, all information (in whatever medium stored) owned and in the possession, power or control of a Business Seller to the extent that such information relates exclusively or predominantly to that Business and is used in the management or conduct of that Business, including information relating to: (a) products, employees, formulae, designs, specifications, drawings, data, manuals instructions, (b) customer and supplier lists and details, (c) all commercial relationships and project negotiations, (d) business plans and forecasts, (e) all technical and other expertise and Confidential Information, (f) accounting and Tax records and (g) correspondence, orders and enquiries; Business Liabilities means, in relation to each Business, all Liabilities of the relevant Business Seller (including Trade Creditors and Inter Company Payables other than Locked Box Inter Company Debt) to the extent that they relate to the Business and/or the Business Assets (excluding any Liabilities relating to any Business Properties), and Business Liability means any one of them; Business Loose Plant and Equipment means, in relation to each Business, all the loose plant, machinery, equipment, tooling, computer hardware, furniture and vehicles of the relevant Business Seller (not being business fixtures and fittings) used exclusively for the purposes of that Business;