Business Know-How definition

Business Know-How means all books, records, technology, formulas, know-how recorded on paper or other media in the books and records of MW, quality control records, finished product specifications, packaging supplies specifications, product registrations, records relating to the adoption and use of the Intellectual Property (as defined above), marketing plans, sales records and histories, market research data, promotional advertising and marketing materials, radio, television and Internet commercials, Internet web sites, print advertisements, customer lists, label and shipping carton dies, designs, films, earthwork, photography, mechanical art, color separations, prints, plates, and graphic materials, permits and licenses, and inventory records, used in or necessary to conduct the Business as currently conducted. In regard to the Intellectual Property, and except as set forth on SCHEDULE 3.9, (i) the patents, Trademarks and the copyrights are valid, subsisting and enforceable, and the patents, the Trademarks and the copyrights are duly recorded in the name of MW, and can be recorded in the name of MCAC or the Surviving Corporation, (ii) MW has, and after the Closing MCAC will have, the sole and exclusive ownership and right, free from any Liens, to use Intellectual Property and applications therefor set forth on SCHEDULE 3.9 and the full right to use the trade names, assumed names, fictitious names, technology, know-how and processes referred to in such lists and all trade secrets used in or necessary to the conduct of the Business of MW, and the consummation of the transactions contemplated hereby will not materially alter or impair any such rights. Except as set forth on SCHEDULE 3.9, within the last ten (10) years, no claims have been asserted by any entity or person with respect to the ownership, validity, enforceability or use of or challenging or questioning the validity or effectiveness of any of the Intellectual Property. Furthermore, the use or other exploitation of such Intellectual Property by MW does not infringe the rights of any other entity or person; and the Stockholders are not able to identify any other entity or person infringing the rights of MW with respect to such Intellectual Property.
Business Know-How means (a) all confidential or proprietary technical and business information contained in the Books and Records or otherwise transferred to Buyer pursuant to the Transition Services Agreement, and (b) all Know-How and other Trade Secrets used to manufacture, formulate, test, package, store, stabilize, market, distribute or sell the Business Products as of the Closing Date or required as of the Closing Date to comply with all applicable regulatory requirements in connection therewith.
Business Know-How means all Know-How that both (a) is owned by Seller Parent or its Subsidiaries and (b) is Related to the Business.

Examples of Business Know-How in a sentence

  • When a griot arrives at the home of the young man and recounts the story surrounding his heritage and name, the boy and griot are brought into conflict with westernized values symbolized by conflicts with his mother and teacher.

  • Business Know-How for SMEs Creativity, good business sense and adequate start-up capital are essential elements to start a small enterprise.

  • Sometimes, however, CAMHS practitioners are not being notified by children’s social care of conferences that are cancelled or re-arranged.

  • Claims to Money, Loans, and Intellectual Property Rights (e.g., Business Know-How, Trademarks, Brands) The other objection ratione materiae contended by Laos was concerned with 1997, paras.31-37.

  • How other than Business Know-How owned by the Seller and/or its Affiliates and which is used within the Business immediately prior to the Closing Date.


More Definitions of Business Know-How

Business Know-How means any Know-How in existence as of the Closing that is used in (a) the Business and (b) the manufacture of Creon®.
Business Know-How means all rights and interest held by the Seller in Know-how (whether as owner, licensee or otherwise), which in the two years immediately before Closing has been used in relation to the Business;
Business Know-How means any data, results, technology, business or financial information or other proprietary or confidential information, in tangible or intangible form, including know-how, trade secrets, confidential information, practices, techniques, methods, processes, protocols, inventions, developments, specifications, formulations, formulae, algorithms, marketing reports, business plans, expertise, technology, test data, standard operating procedures, manufacturing records, and other study data and procedures in each case that are used principally in connection with the Business as of the date hereof and as of the Closing.
Business Know-How means any and all Know-How used primarily in connection with, or developed primarily for, the Business.
Business Know-How means any Know-How owned by Philips Group-Old, which originated within any entities of Philips Group-Old and that is primarily used or primarily intended to be used within PSI Group as of the Closing Date.
Business Know-How. Section 3.9 "Cash Portion" Section 2.3(b) "CERCLA" Section 3.11(c)(i)
Business Know-How means any Know-How owned or controlled by Seller or its Subsidiaries necessary for, used for, held for use for or primarily related to the Business, including the Know-How set forth on Annex C.