Examples of Company Goodwill in a sentence
At no time (i.e., indefinitely) following the Effective Date shall the Contractor (i) make any statements, or take any other actions whatsoever, to disparage, defame, sully or compromise the goodwill, name, brand or reputation of CMHA or any of its affiliates (collectively, the "Company Goodwill") or (ii) commit any other action that could likely injure, hinder or interfere with the business, business relationships or goodwill of CMHA or its affiliates.
During the period of development, the asset is tested for impairment annually.In case of a subsidiary Company, Goodwill is amortized over a period of twenty years, subject to available surplus for the year before amortization of goodwill, based on the order of Hon’ble High Court of Bombay at Panaji (Goa).
PROPERTY, PLANT AND EQUIPMENT (CONT’D) Accumulated Net Book The Company Goodwill on consolidation arose from the acquisition of subsidiaries in the financial year ended 30 June 2005 and is stated at cost.
At no time (i.e., indefinitely) shall you (i) make any statements, or take any other actions whatsoever, to disparage, defame, sully or compromise the goodwill, name, brand, or reputation of the Company or any of its affiliates (collectively, the “Company Goodwill”) or (ii) commit any other action that could likely injure, hinder or interfere with the Business, business relationships or Company Goodwill of the Company or its affiliates.
At Closing, the Personal Goodwill Amount shall be allocated to Member and the remainder of the Purchase Price (including the Company Goodwill Amount) shall be allocated among the Assets and among Seller and Purchasers, to the extent relevant for income tax purposes in accordance with Section 1060 of the Internal Revenue Code of 1986, as amended, and as otherwise required to complete IRS Form 8594 “Asset Acquisition Statement,” which allocations shall be agreed in writing on or before the Closing.
Group Cost Company Goodwill is monitored by management at the level of the three operating segments identified in note 6.
The changes in the Company's goodwill consisted of the following: (dollars in millions)IT Services and Hardware Network Total Company Goodwill, balance as of December 31, 2021$ 157.4$ 488.9$ 646.3Activity during the year: Currency translations0.6—0.6Goodwill, balance as of March 31, 2022$ 158.0$ 488.9$ 646.9 As mentioned in Note 2, in connection with the Merger, the Company’s assets and liabilities were measured at fair value as of the date of the Merger.
Intangible AssetsConsolidated Company Goodwill has been assessed as having an infinite useful life and is subject to a review for impairment annually, and/or where an indicator of impairment arises.
During the current financial year, the Group and the Company recognised the following impairment losses in respect of: 2008RM’0002007RM’0002008RM’0002007RM’000191----3,183---66-66---800---603The Group The Company Goodwill on consolidation Property, plant and equipment Other investmentsInvestment in a subsidiary companyInvestment in associated company Management exercises its judgement in estimating the recoverable amounts of these assets.
Notes (continued)9 INTANGIBLE ASSETS AND GOODWILL (continued) In the Company, Goodwill arose on the transfer of assets and liabilities (the „hive-up‟) of ENWSL in the prior year.