Good Will definition

Good Will or “Salvation Army” type store;

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Good Will means the relationship between the Company and its Customers including the Customer List, trade names, trade marks, service marks and telephone numbers (as set forth in Section 2.1 of the Disclosure Schedule) used by the Company.

Good Will means: (A) the conditional value of the company's business links, the value of the accumulated intangible assets, the monetary valuation of intangible capital-the prestige of the brand, the experience of business ties, the stable clientele, and the managerial, organizational and technical resources, the reputation in the financial world, the mechanism for controlling sales activities; (B) intangible fixed assets, assets, as the difference between the price of the enterprise as a whole and the price of real fixed capital. A negative intangible asset is the difference between the selling and book value of an enterprise.

Examples of Good Will in a sentence

• To protect the Companies' interest in preserving their Trade Secrets, Confidential and other protected information and in the Business Good Will generated by new contacts and relationships, and as a direct inducement and consideration for the Companies' promises to provide new Trade Secrets, new Confidential Information and new contacts, the Employee agrees and covenants to the duties and obligations created by this covenant not to compete.

• Good Will is Innovex's valuable Customer, Vendor and other industry relationships which it is the responsibility of the Employee and other Innovex employees to maintain, develop, nurture, improve and expand in connection with the products and services provided to said Customers by Innovex or purchased from said Vendors.

• Because Innovex has no interest in the Employee's post-Innovex activities if those activities do not involve Innovex's Confidential Information or Good Will and are not otherwise harmful to Innovex, Innovex's CEO, in his sole discretion, will consider modification of the obligation in this 8.2 with respect to a specific position with a specific employer, entity or person following Employee's written request for same and his cooperation in providing any requested information in connection with such request.

• The FO is the Open Society Fund Prague (OSF Prague) in consortium with the Committee of Good Will – ▇▇▇▇ ▇▇▇▇▇ Foundation (VDV) and the Czech Scouting Institute (SI).

• To protect the Company's interest in preserving its Trade Secrets, Confidential and other protected information and in the Business Good Will generated by new contacts and relationships, and as a direct inducement and consideration for the Company's promises to provide new Trade Secrets, new Confidential Information and new contacts, the Employee agrees and covenants to the duties and obligations created by this covenant not to compete.

More Definitions of Good Will

Good Will as used in this Article shall mean honest and open communication between the parties and a sincere effort to effect mutual accommodation through the bargaining process. 5-2-1 The District and the JESPA, through their designated representatives, shall meet and negotiate for the purpose of reaching agreement.

Good Will includes all ownership rights in any information regarding the customers of the Licensed Business. CUSTOMER INFORMATION --------------------

Good Will as used in this Article shall mean honest and open communication between the parties and a sincere effort to effect mutual accommodation through the bargaining process.

Good Will means Seller's good will and name, and the going concern value of Seller's business.

Good Will resulting from the sale of MGI products into the market will remain the property of MGI.

Good Will upon determination of the present contract. They can not charge any amount for this concept to LESSOR or to the owner of the property. 4. The right to be demanded in a judicial or private basis to be constituted in delay and to end the contract, as well as the right to render the security for the payment indicated in Article 2.035 of Civil Code. NINTH: PENAL CLAUSE. The default or violation by LESSEES of any of the obligations or prohibitions herein, will make them jointly debtors of LESSOR, with sanction for the amount of three (3) rent payments in effect at the date of the default, without prejudice that LESSOR can demand on a separate basis the restitution of the property and the indemnification of the prejudices that may be suffered as a consequence of the default. TENTH: INTERESTS. LESSEES undertake to pay LESSOR interests over any amount of money that they may owe at the end of this contract and during its legal effect, at a banking current interest rate in force in the date, since the day when the amounts are requirable and until the date of the effective payment. In addition, in case of delay in the payment of the obligations acquired here in, LESSEES authorize LESSOR for such information to be supplied to third parties.

Good Will means Seller's good will (if any), customer list, and telephone numbers, and the name "Atlanta On-Line" and any variations thereof including "Atlanta On-Line InterNet, Inc.", and the going concern value of the Business.