PEO Business definition

PEO Business means the worldwide activities (including the intellectual property rights (subject to Section 5.16) and the related personnel) related to the electron optics business conducted or contemplated to be conducted by PIE and its Affiliates as of the date hereof, other than the Excluded Business.
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PEO Business has the meaning set forth in the Recitals.
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PEO Business means the professional employer organization, or "employee leasing", line of business of Borrowers pursuant to which Borrowers assume the employer responsibilities and obligations with respect a customer's workforce and provide the services of such workforce to the customer on a contractual basis.
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Examples of PEO Business in a sentence

  • No borrower shall commingle collections of Receivables attributable to the PEO Business with collections of any other Collateral.

  • Slots will be given to the owners only for the duration of StarLadder CIS RMR.

  • Seller shall not employ equipment or use material that is known or suspected of containing polychlorinated biphenyls.

  • No investigation or review by any Governmental Entity with respect to the PEO Business, or any corporation in the PEO Group is pending or, to the Knowledge of PIE, threatened, nor has any Governmental Entity indicated an intention to conduct the same other than routine investigations occurring in the ordinary course of business.

  • In cases where the PEO Business uses software either itself or as product to be distributed (whether or not embedded in such product), and such software is owned or co-owned by any company within the Philips Group, other than any company transferred to PEO Holdings as part of the PEO Business, Philips will grant to FEI a license in order to enable it to continue to use such software.

  • The PEO Business is not required to have, and does not have, and at Closing the PEO Group will not be required to have, any industrial security clearance relating to classified information and none is needed for purposes of any Contract with any United States government department, agency or instrumentality or, any subcontract under such a Contract.

  • The first sentence of Section 4.7 of the Agreement is amended (i) by inserting the words "reflected in the financial statements of the PEO Business for the nine months ended September 30, 1996 and as" immediately following the words "Except as" and (ii) by replacing the words "September 30, 1996" with the words "December 31, 1995".

  • Performance Criteria and Evaluation Summary:(Cont.) DoD Enterprise Business Systems (DEBS): Monthly program reviews are held with the DEBS programs’ functional sponsors and the Program Executive Officer (PEO), along with semi-annual PEO Business Systems Reviews (BSR), under the assigned Acquisition Portfolio, to provide updates on the delivery of business capabilities for the respective programs within the agreed upon cost, schedule and performance parameters.

  • To the Knowledge of PIE, there is no material default by the other party to or any event, occurrence or circumstance which, upon the passage of time or the giving of notice or both, would result in a material default under any Contract that is material to the PEO Business as currently conducted, which default or potential default has not been cured or waived.

  • Except as set forth in Section 4.9(b) of the Disclosure Schedule, the PEO Business has, and, prior to Closing, the PEO Group will have, all material permits, licenses, trademarks, service marks, franchises, variances, exemptions, orders and other Governmental Authorizations, consents and approvals necessary to conduct its business as currently conducted.


More Definitions of PEO Business

PEO Business has the meaning set forth in the definition of PEO and Contingency Staffing Services Business, as conducted as of the Closing Date.
Sample 1
PEO Business means the business of providing clients with a mechanism to outsource the management of human resources, employee benefits, payroll and workers’ compensation through the establishment and maintenance of an employer relationship with the employees at the client's worksite and by contractually assuming certain employer rights, responsibilities, and risk.
Sample 1

Related to PEO Business

  • Micro Business means a company which either:

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Auto business means the business or occupation of selling, repairing, servicing, storing or parking "autos".

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Company Business means the business of the Company as presently conducted.

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • the two businesses means the FNZ business and the GBST business;

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Subject Business means the policy or policies that are

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Retained Businesses means all businesses, operations and activities directly or indirectly conducted or formerly conducted by the Seller Group other than the Business (including all businesses, operations and activities related to any dealerships sold or disposed of prior to the date hereof).

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;

  • Minority Business means a business:

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Trust business means the business of acting as trustee, executor or administrator;

  • Business has the meaning set forth in the Recitals.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.