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 Vendor in relation to the Business;

Examples of Business Goodwill in a sentence

• There may be increased operating expenses related to higher rents, increased utility costs or greater expenses of longer distances to other suppliers, customers or outside services which could be offset by presenting claims for Loss of Business Goodwill.

• If the business owners wish to present claims, they would complete the forms with supporting documentation, stating the Loss of Business Goodwill, for TTD review and approval.

• The Maltese Income Tax Act lists a number of assets which are chargeable to tax on capital gains upon their transfer including:- Immovable property- Securities- Business- Goodwill- Business permits- Copyright- Patents, Trademarks and trade names.

• Storage of personal property for up to one-year during the move may be reimbursed.• Businesses will be given a Notification of Right to Claim Loss of Business Goodwill if it is determined the value of a relocated businesses could be adversely affected by moves.

• Claim processing would include verification of the amount of the Loss of Business Goodwill claimed by an appraiser with business valuation expertise.• Some displaced businesses may qualify for “In-Lieu” payments, which can range from $1,000 to $20,000, to cover all costs of relocating, leaving open the possibility of making claims for Loss of Business Goodwill.

More Definitions of Business Goodwill

Business Goodwill means all the goodwill 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. Xxxx" 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, as at the Transfer Time, all the goodwill of the Business Sellers in relation to the Business, including the exclusive right for the Business Purchaser(s) to trade under the name of the Business and represent itself (themselves) as carrying on the Business in succession to ICI as from the Transfer Time, but excluding all goodwill attaching to and all rights under the Excluded Trade Marks;

Business Goodwill means the goodwill of the Seller to the extent relating to the Business including the right to carry on the Business in succession to the Seller and the goodwill of Seller associated with the Business Intellectual Property Rights;

Business Goodwill means all the goodwill of the Seller in relation to the Business;

Business Goodwill means all goodwill and custom relating to the Business; Business IPR means all Intellectual Property Rights owned, used, leased, licensed or held for use by the Business Seller primarily for 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;