Shared Services definition

Shared Services means shared order filling or shared order processing, or both.
Shared Services means the centralized, shared or pooled services, undertakings and arrangements which are provided by the Service Company or any of its Subsidiaries to or for the benefit of the Ultimate Parent and its Subsidiaries pursuant to the Shared Services Agreement, including, without limitation, the acquisition and ownership of assets by the Service Company or any of its Subsidiaries used in the provision of the foregoing and centralized payroll, benefits and account payable operations.
Shared Services means those shared services provided to EFH Corp. and its direct and indirect subsidiaries, including by or through EFH Corporate Services and/or pursuant to any service-level agreement or shared services agreements.

Examples of Shared Services in a sentence

  • The Parties acknowledge, agree and understand that the Shared Contracts are currently used in the Business, but will remain with Seller, and, except as set forth in the Shared Services Agreement, Buyer (and the Company) will no longer benefit from or otherwise have access to the services provided thereunder.

  • On the RSA Effective Date, the Debtors agree to execute, deliver, and, from and after such date, perform its obligations under the Shared Services Agreement subject to and in accordance with the terms and conditions of such agreement.

  • Except as otherwise expressly provided in the Transition Services Agreement, all Shared Services provided to the Business by or on behalf of Seller shall cease as of the Closing Date.

  • Following the Closing and pursuant to the terms of the Shared Services Agreement, Seller shall reasonably cooperate with Buyer to facilitate direct rollovers (including of outstanding loan balances) from Seller’s 401(k) plan to Buyer’s 401(k) plan for those participants who wish to rollover their funds.

  • On the RSA Effective Date, PBI, PBIH, and, as applicable, their Affiliates agree to execute, deliver, and, from and after such date, perform its obligations under the Shared Services Agreement subject to and in accordance with the terms and conditions of such agreement.


More Definitions of Shared Services

Shared Services means the services to be performed by MGL or its subsidiaries for the Banking and Non- Banking Groups pursuant to the Services Agreements described under “Macquarie Group Limited — Organizational structure”;
Shared Services means any service provided by one municipality for another municipality that is consistent with the purposes and intent of this contract and shall include but shall not be limited to:
Shared Services means the performance of services for more than one of the groups of entities comprising the EPCO Group, the EPE Partnership Entities, the EPD Partnership Entities and the TPP Partnership Entities.
Shared Services means services of any kind used by Sellers in the operation of the Business that are owned by or also utilized by Comcar and/or its Subsidiaries or Affiliates, including any Sellers, in the conduct of their business other than the Business.
Shared Services has the meaning set forth in Section 2.5.
Shared Services means services provided by Provider from Provider’s premises, including but not limited to, administration, monitoring, auditing, support services.
Shared Services means those certain corporate support services provided by NRG to GenOn pursuant to the Services Agreement.