CMS Business definition
Examples of CMS Business in a sentence
The employment of each CMS Business Employee who is employed by a member of the B/E Group shall be assigned and transferred to KLX or a member of the KLX Group.
Former employees of the KLX Group as of the Distribution Date shall be deemed to include all employees who, as of their last day of employment with all of KLX, B/E and their respective Affiliates, had employment duties primarily related to the CMS Business (collectively, the “Former KLX Employees”).
KLX shall be responsible for any and all Federal Other Taxes attributable to the CMS Business.
KLX shall be responsible for any and all State Other Taxes attributable to the CMS Business.
The KLX Group’s right to use and access the Shared Real Property shall be consistent with the use and access of such Shared Real Property in the conduct of the CMS Business as of the Distribution Date, and shall include the right to use and access the fixtures, improvements and furnishings located within the Shared Real Property consistent with the manner of such use and access as of the Distribution Date.
E hereby grants KLX and the other members of the KLX Group a limited, nontransferable and non-sublicenseable license for reasonable use and access to the space utilized by B/E (or any of its Affiliates) in the conduct of the CMS Business as of the date of this Agreement at each of the locations listed on Schedule D hereto (collectively, the “Shared Real Property”) for the sole purpose of transitioning the CMS Business and in accordance with the terms, covenants and conditions hereof.
KLX shall be responsible for any and all Foreign Other Taxes attributable to the CMS Business.
KLX shall ensure that all use of the B/E Names and Marks by the KLX Group as provided in this Section 6.01 shall be only with respect to goods and services of a level of quality equal to or greater than the quality of goods and services with respect to which the B/E Names and Marks were used in the CMS Business prior to the Distribution Date.
It is furthermore agreed that the LICENSOR reserves the right to intervene at their cost and risk.
The CCIIO, as the CMS Business Owner (BO), is responsible for the management and oversight of CMS’s Health Insurance Exchange Hub system, which is the CMS information system that requires the interconnection with the Non-CMS Organization.