Controlled Business Instruction definition

Controlled Business Instruction has the meaning given in paragraph 2.4.1 of this Schedule;
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Controlled Business Instruction has the meaning given in Schedule 22 (Delayed Businesses);
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Controlled Business Instruction. “Delayed Assets”, “Delayed Closing Date”, “Delayed Target Group Businesses”, “Seller Involvement Instruction” and “Delayed Target Group Companies” each have the meanings given to them in Schedule 22. For the purposes of this Schedule, references to “Delayed Target Group Businesses” shall be extended to refer to Delayed Assets and references to “Delayed Business Employees” shall be extended to refer to Employees who work at any of the Delayed Assets.
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Examples of Controlled Business Instruction in a sentence

  • The provisions of clauses 15 (Indemnification) and 16 (Liability) of the Transitional Distribution Services Agreement shall apply with respect to any Liabilities (to the extent that such Liabilities result directly or indirectly from any Controlled Delayed Business and/or from any Controlled Business Instruction).

  • Each Delayed Transferor shall be entitled to rely on and act in accordance with Controlled Business Instructions (as defined below) from Representatives of the Delayed Transferee (or its Affiliates) and/or the Delayed Transfer Employees (Instructing Personnel) without further verification and, subject to paragraph 2.7 (Fraud and Gross Negligence), each Delayed Transferee shall be responsible for all Liabilities resulting from any Controlled Business Instruction in accordance with paragraph 2.6 (Claims).


More Definitions of Controlled Business Instruction

Controlled Business Instruction has the meaning given in paragraph 2.4(a)(i) of this Schedule; Controlled Delayed Business means the Delayed Businesses;
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