Business Goodwill definition
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.