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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

  • 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.

  • No U.S. PEO Compensation and Benefit Plan which is a Pension Plan has an "accumulated funding deficiency" (whether or not waived) with respect to the PEO Business within the meaning of Section 412 of the Code or Section 302 of ERISA.

  • The license will be paid-up for the current use of the software in its current release to the extent the PEO Business is not already paying a license fee (by way of royalty or otherwise) for such use.

  • Except for patent licenses, Section 4.16 of the Disclosure Schedule does not omit any Contract (written or oral) that is material to the PEO Business.

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

  • FEI and PIE hereby agree that PIE shall not enter into any agreement in respect of the Zeiss Claim that would prevent in any material way FEI or any corporation in the PEO Group from engaging in FEI's Business or the PEO Business.

  • All material fire and casualty, general liability, business interruption, product liability, and sprinkler and water damage insurance policies maintained for the PEO Business and the PEO Group are with reputable insurance carriers and provide reasonable coverage for all normal risks incident to the PEO Business and the PEO Group and their respective properties and assets and will continue in effect at and subsequent to Closing at FEI's cost.

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

  • To the Knowledge of PIE, no material customer or supplier of the PEO Business will cease or substantially reduce the business conducted with the PEO Business after, or as a result of, the consummation of the Transaction contemplated hereby.

  • Except as set forth in Section 4.16(ii) of the Disclosure Schedule, each Contract that is material to the PEO Business as currently conducted is a valid and binding agreement of the Philips Affiliate which is a party thereto and is in full force and effect.


More Definitions of PEO Business

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.
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PEO Business has the meaning set forth in the definition of PEO and Contingency Staffing Services Business, as conducted as of the Closing Date.
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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 [A/X] business and the Y 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 now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • 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.

Most Referenced Clauses

Most Referenced Definitions