Collection Business definition

Collection Business means CMI's business of manufacturing, marketing, sourcing, advertising (as approved by CKI), promoting, sub-licensing (as approved by CKI) and selling at wholesale, women's premier ready to wear apparel lines, men's premier designer clothing and furnishings, and men's and women's accessories and leather goods worldwide, in each case, under the ▇▇▇▇▇▇ ▇▇▇▇▇ COLLECTION trademark as conducted pursuant to the terms of the licensing Contracts set forth in Schedule III; provided, that, for purposes of this Agreement, the Business shall not be deemed a portion of the Collection Business.
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Examples of Collection Business in a sentence

  • The Seller hereby grants to the Buyer a perpetual, non-exclusive, royalty-free license to use the Retained Intellectual Property for any lawful purpose related to the Transferred Antibody Collection Business (which may include the operation of additional collection centers).

  • Except as set forth on Schedule 4.7 attached hereto, there is no action, lawsuit, proceeding, claim, controversy, arbitration or investigation pending or, to the Seller's knowledge, threatened against, or directly involving, the Transferred Antibody Collection Business or the Assets.

  • Commencing within ten (10) days after the date hereof, the parties shall cause their representatives to meet as a committee (the "Joint Transition Team") as necessary to jointly plan and manage the transition of the Transferred Antibody Collection Business from the Seller to the Buyer.

  • The Seller has all authorizations, approvals, orders, licenses, certificates and permits of and from all governmental or regulatory bodies necessary to own and/or lease the properties and assets employed by the Seller in the conduct of the Transferred Antibody Collection Business and to conduct the business and operations of the Transferred Antibody Collection Business as currently conducted, except where the failure to do so would not have a Material Adverse Effect.

  • The Seller owns and operates 47 antibody collection centers at various sites throughout the United States (the "Centers") and the testing laboratory identified on Appendix A attached hereto (the "Laboratory") (collectively the "Transferred Antibody Collection Business").

  • There is no unsatisfied or outstanding order, writ, judgment, injunction or decree affecting the Transferred Antibody Collection Business or the Assets.

  • Effective as of the Closing, the Buyer shall offer employment to the employees of the Transferred Antibody Collection Business listed on Schedule 4.9 hereto at the same salary or wage rates as are in effect under such employees' employment with the Seller on the Closing Date and shall, for a period of not less than six months, provide the employees who accept such offers with the benefits described in Schedule 7.2 attached hereto.

  • NCO may assign its rights and duties under this Agreement to any NCO Company or to any successor, by operation of law or otherwise, to the Accounts Receivable Collection Business.

  • Since December 31, 2000, there has not been: (a) except for general business conditions, any material adverse change in the Transferred Antibody Collection Business or any event or condition which to the Seller's knowledge would have a Material Adverse Effect, or (b) any damage, destruction or loss, whether covered by insurance or not, suffered by the Transferred Antibody Collection Business which has had a Material Adverse Effect.

  • The Seller will keep insurance policies currently maintained with respect to the Assets and the Transferred Antibody Collection Business or suitable replacements therefor, in full force and effect through the close of business on the Closing Date.