Relevant Business Asset definition

Relevant Business Asset means any tangible or intangible asset used by the Contractor in connection with, and which is essential to the delivery of the Contractor Solution, including the Services;
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Relevant Business Asset has the meaning Management); given in Schedule 21 (Exit
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Relevant Business Asset means all assets and rights used by the Contractor or any Contractor Person to provide the Services in accordance with this Agreement (including rights under any Sub-contract) and that are required by the DCC and/or a Replacement Contractor in connection with the DCC carrying on of the Authorised Business, but excluding those assets and rights owned by the DCC;
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Examples of Relevant Business Asset in a sentence

  • Without limiting its other obligations under this Agreement, the Contractor may not carry out any Disposal of, or any Relinquishment of Operational Control over, any Relevant Business Asset without the prior written consent of the DCC.

  • This condition prevents the Licensee from taking any action that is or would be a Disposal of or Relinquishment of Operational Control over any Relevant Business Asset except in accordance with the provisions set out below.

  • It contains requirements for training, decontamination, notifica- tion, and emergency assistance.

Related to Relevant Business Asset

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

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

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Gross Assets means the total of fixed assets and current assets;

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

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

  • 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.

  • Group Business Entity means;

  • Transferred Assets has the meaning set forth in Section 2.1.

  • 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.

  • Separate Business means each of the activities of the Licensee connected

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;