Business Intent Sample Clauses

Business Intent. The Companies are investing in this JV solely for furthering their respective businesses and not with a view to or for sale in connection with any distribution of all or any part of the JV Interest. No other person will have any direct or indirect beneficial interest in or right to the JV unless mutually agreed by both Parties.
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Business Intent. The business intent is to combine the system integration expertise and product development efforts of I/t(x) with the marketing and sales strengths of DDSI to create and deliver new products and services on an exclusive basis for the public sector.
Sample 1
Business Intent. BDVD is a producer and distributor of DVD magazines and DVD motion pictures. XXXXXXXXX has entered into a License Agreement (the "WAG agreement") with INFOGRAMES NORTH AMERICA, formerly known as ACCOLADE, INC. ("INFROGAMES"), an interactive entertainment software developer and publisher, and WARNER ADVANCED MEDIA OPERATIONS ("WAMO"), a DVD replicator, by which said parties will develop and distribute Encrypted Game Packs ("EGPs") to Original Equipment Manufactures ("OEMs"). XXXXXXXXX, INFOGRAMES and WAMO are collectively referred to herein as "WAG". XXXXXXXXX, through the WAG agreement or otherwise, may also distribute EGPs through retail channels. By this Agreement, BDVD intends to furnish mutually agreed upon DVD magazines (such as FILM-FEST) and/or movies and XXXXXXXXX intends to provide for the placement of such DVD magazines and/or movies on the EGPs, initially in an unencrypted format, for distribution to OEMs and/or through retail channels. Revenues for BDVD and XXXXXXXXX will initially be generated from third party sponsorships or advertising contained in the DVD magazines or movies. This Agreement further provides exclusivity provisions for the benefit of BDVD and XXXXXXXXX, distribution milestones, compensation, and reservation of rights, among other things.
Sample 1
Business Intent. The Seller has a valid business reason for the sale of the Settlement Receivable. Such sale is not being made with any intent to hinder, delay or defraud any entity to which the Seller is or will become indebted on or after the date of transfer. The sale of the Settlement Receivable by the Seller is not being done with any intent to evade any applicable laws or public policy.
Sample 1
Business Intent. The Companies are investing in this License Agreement Operating Agreement solely for furthering their respective businesses and not with a view to or for sale in connection with any distribution of all or any part of the License Agreement Interest.
Sample 1

Related to Business Intent

  • Business Interruption Lessee shall obtain and maintain loss of income and extra expense insurance in amounts as will reimburse Lessee for direct or indirect loss of earnings attributable to all perils commonly insured against by prudent lessees in the business of Lessee or attributable to prevention of access to the Premises as a result of such perils.

  • Business Interruption Plan ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.

  • Other Business Interests The Trustees shall devote to the affairs of the Trust (including every Series thereof) such time as may be necessary for the proper performance of their duties hereunder, but neither the Trustees nor the officers, directors, shareholders, partners or employees of the Trustees, if any, shall be expected to devote their full time to the performance of such duties. The Trustees, or any Affiliate, shareholder, officer, director, partner or employee thereof, or any Person owning a legal or beneficial interest therein, may engage in, or possess an interest in, any business or venture other than the Trust or any Series thereof, of any nature and description, independently or with or for the account of others. None of the Trust, any Series thereof or any Shareholder shall have the right to participate or share in such other business or venture or any profit or compensation derived therefrom.

  • Legitimate Business Interests The Executive recognizes that the Company has legitimate business interests to protect and as a consequence, the Executive agrees to the restrictions contained in this Agreement because they further the Company’s legitimate business interests. These legitimate business interests include, but are not limited to (i) trade secrets; (ii) valuable confidential business, technical, and/or professional information that otherwise may not qualify as trade secrets, including, but not limited to, all Confidential Information; (iii) substantial, significant, or key relationships with specific prospective or existing Customers, vendors or suppliers; (iv) Customer goodwill associated with the Company’s business; and (v) specialized training relating to the Company’s technology, Services, methods, operations and procedures. Notwithstanding the foregoing, nothing in this Section 9(b) shall be construed to impose restrictions greater than those imposed by other provisions of this Agreement.

  • Business Insurance The Transaction Entities and their respective subsidiaries carry or are entitled to the benefits of insurance, with financially sound and reputable insurers, in such amounts and covering such risks as is generally maintained by companies of established repute engaged in the same or similar business, and all such insurance is in full force and effect. Neither of the Transaction Entities has any reason to believe that it or any of their respective subsidiaries will not be able to (A) renew, if desired, its existing insurance coverage as and when such policies expire or (B) obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct its business as now conducted and at a cost that would not reasonably be expected to, singly or in the aggregate, result in a Material Adverse Effect.

  • Properties, Business, Insurance The Company shall maintain and cause each of its subsidiaries to maintain as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is customary for companies similarly situated, which insurance shall be deemed by the Company to be sufficient.

  • General Business Insurance To maintain insurance as is usual for the business it is in.

  • Business Information All Business Information shall be owned jointly by the Members as their Ownership Interests are determined pursuant to this Agreement. Both before and after the termination of the Company, all Business Information may be used by either Member for any purpose, whether or not competitive with the Business, without consulting with, or obligation to, the other Member. Except as provided in Sections 13.3 and 13.4, or with the prior written consent of the other Member, each Member shall keep confidential and not disclose to any third party or the public any portion of the Business Information that constitutes Confidential Information.

  • Business in the Ordinary Course The Business shall be conducted solely in the ordinary course consistent with past practice.

  • Business in Ordinary Course (a) Except as may be required to obtain regulatory approvals or as otherwise may be required by any regulatory authority, after the date of this Agreement, Seller shall not, without the prior written consent of Buyer (which consent shall not be unreasonably withheld):

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