Personal Goodwill definition

Personal Goodwill means the close personal and ongoing business relationships, trade secrets and knowledge in connection with the Business owned by each of the Individual Sellers that each such Individual Seller has independently developed, owned and continue to own through his personal ability, personality, reputation, skill and integrity, and other information relating thereto.
Personal Goodwill means the business created or developed by the Owners, or by or through their personal reputation, contacts or relationships, or otherwise possessed by the Owners in connection with the management and operation of the Business, including the Owners’ personal business relationships with referral sources, customers, suppliers and any others having business relationships with Sellers.
Personal Goodwill means the goodwill associated with the personal and business relationships developed by each of the Selling Members as a result of the skill, ability, integrity, reputation and personal characteristics of each of the Selling Members.

Examples of Personal Goodwill in a sentence

  • Ibrahim, The Unique Benefits of Treating Personal Goodwill as Property in Corporate Acquisitions, 30 DEL.

  • Personal Goodwill in Asset Sale of "C" Corporations", The Practical Tax Lawyer, Spring 2017, Co-authored with Mark G.

  • Taxing Decisions: More Current Developments In The Sale Of Personal Goodwill", The Practical Tax Lawyer, Spring 2012, Co-authored with Paul D.

  • PURCHASE AND SALE; PRICE1.1 Purchase and Sale of the Shares and Personal Goodwill of the Sellers.

  • Current Developments in the Sale of Personal Goodwill", The Practical Tax Lawyer, Spring, 2011, Co-authored with Paul D.


More Definitions of Personal Goodwill

Personal Goodwill shall have the meaning set forth in the recitals to this Agreement.
Personal Goodwill means, with respect to any Seller, close personal and ongoing business relationships, trade secrets, customer relationships, customer lists and other customer-related intangibles and knowledge in connection with such Seller’s business, or related to the Business, developed through the personal ability, personality, reputation, skills, and integrity of such Seller, and other information relating thereto.
Personal Goodwill means any and all of Member’s personal goodwill and intangible assets related to his personal involvement in the heavy duty truck, bus and agricultural equipment sales, service, parts, finance and leasing business over the roughly twenty
Personal Goodwill means the goodwill to be purchased by Buyer from Xxxxx Xxxxxxx pursuant to the Personal Goodwill Agreement.
Personal Goodwill means all customer lists and information, customer contacts and relationships, supplier lists, contacts and relationships, rights and power to cause the continuation
Personal Goodwill means with respect to an individual constituting the Shareholder, such individual’s personal ability, experience, personality, reputation, skill, contacts, integrity and accumulated information relating thereto in the Seller’s service area in the Business.
Personal Goodwill means any and all of Member’s personal goodwill and intangible assets related to his personal involvement in the heavy duty truck, bus and agricultural equipment sales, service, parts, finance and leasing business over the roughly twenty (20) years (or more) prior to the Closing Date, including personal goodwill associated with personal and professional relationships with significant customers, original equipment manufacturers, vendors, employees and other constituents in such business.