Central Staff Services definition
Central Staff Services means the legal, cash management, treasury, tax, insurance, health and safety and pension services, employee benefits funds and plans provided to the Business by the headquarters and divisions of BP other than the Business or members of the BP Group other than Sellers, including employee and other records necessary to administer salaried payrolls and benefits and welfare plans retained by Sellers and to file taxes, except to the extent expressly transferred to Buyer pursuant to this Agreement.
Central Staff Services meaning the legal, government affairs, cash management, treasury, tax, insurance, health and safety and staff development and pension services, payroll, employee benefits funds and plans, recruiting provided to the Refinery by the BP Group including employee and other records necessary to administer salaried payrolls and benefits and welfare plans retained by Seller and to file tax returns, and the support services described on Schedule D;
Examples of Central Staff Services in a sentence
The Business is conducted exclusively by BP, TA and TAFSI and not by any of their Affiliates and no assets or properties primarily used in the Business are owned or leased by any Affiliate of BP, TA or TAFSI, as the case may be, other than for assets associated with Central Staff Services or BP Group benefit plans.