Flagship Business definition
Flagship Business means the development, maintenance and commercial sale (i.e., through the granting of licenses) of the Integral Plus, Stratimagic, Seisfacies, GEM, Nexmodel and StratQC software programs whether currently sold or under development, and all activities related thereto;
Examples of Flagship Business in a sentence
There is no Proceeding pending or, to the knowledge of CGG, threatened in writing against (x) the Companies or (y) CGG or any of its Affiliates in relation to the Flagship Business.
CGG shall, and shall procure that its Affiliates shall, promptly upon their receipt from third parties of payment of amounts due to them under accounts receivable outstanding on September 30, 2000 and related to the Flagship Business, pay the amount thereof to Flagship on account of the corresponding CGG Flagship Account Receivable.