INDEPENDENT BUSINESS definition

INDEPENDENT BUSINESS means any business unit within a Country designated by Client executive committee from time to time to operate at arm's length because (i) it is pending decision regarding a possible disposal of the business unit; or (ii) the business unit operates under conditions materially distinct from those applying to the Services as evidenced by non participation in all or some of the other Client main stream support services in that Country;
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INDEPENDENT BUSINESS means a business that is not inextricably associated with another business through common ownership, affiliation, sharing of employees, facilities, equipment, profits and losses. lf there is an “umbilical cord” relationship with a non- disadvantaged business, the business is not an independent business;
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INDEPENDENT BUSINESS means the Company’s independent business operated by a Distributor(s) pursuant to the Distributorship Agreement.
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Examples of INDEPENDENT BUSINESS in a sentence

  • FRANCHISEE AGREES THAT THE BUSINESS VENTURE CONTEMPLATED BY THIS AGREEMENT INVOLVES SUBSTANTIAL BUSINESS RISKS, IS A VENTURE WITH WHICH FRANCHISEE IS FAMILIAR AND HAS RELEVANT EXPERIENCE AND ITS SUCCESS WILL BE LARGELY DEPENDENT UPON THE ABILITY OF FRANCHISEE AS AN INDEPENDENT BUSINESS.

  • YOU HAVE CONDUCTED AN INDEPENDENT INVESTIGATION OF THIS AGREEMENT, AND YOU UNDERSTAND THAT THE BUSINESS VENTURE CONTEMPLATED BY THIS AGREEMENT INVOLVES BUSINESS RISKS, AND THAT ITS SUCCESS WILL BE LARGELY DEPENDENT ON YOUR ABILITY AS AN INDEPENDENT BUSINESS PERSON.

  • The Franchisee acknowledges and accepts the following: THE SUCCESS OF THE FRANCHISEE IN OPERATING A FRANCHISE IS SPECULATIVE AND WILL DEPEND ON MANY FACTORS INCLUDING, TO A LARGE EXTENT, THE FRANCHISEE’S INDEPENDENT BUSINESS ABILITY.

  • IF YOU ARE A FOREVER HEALTHY INDEPENDENT BUSINESS REPRESENTATIVE (IBR) YOU ARE BOUND BY ADDITIONAL TERMS AND CONDITIONS CONTAINED IN YOUR IBR AGREEMENT AND THE POLICIES AND PROCEDURES.

  • FRANCHISEE AGREES THAT THE BUSINESS VENTURE CONTEMPLATED BY THIS AGREEMENT INVOLVES SUBSTANTIAL BUSINESS RISK, IS A VENTURE WITH WHICH FRANCHISEE HAS RELEVANT EXPERIENCE AND ITS SUCCESS IS LARGELY DEPENDENT ON FRANCHISEE’S ABILITY AS AN INDEPENDENT BUSINESS.

  • THE PROSPECT OF SUCCESS OF THE BUSINESS VENTURE UNDERTAKEN BY FRANCHISE OWNER BY VIRTUE OF THIS AGREEMENT IS SPECULATIVE AND DEPENDS TO A MATERIAL EXTENT UPON FRANCHISE OWNER’S CAPABILITY AS AN INDEPENDENT BUSINESS PERSON AND FRANCHISEE, AS WELL AS OTHER FACTORS.

  • THE SERVICES AND AA CONTENT ARE NOT INTENDED AS, AND SHOULD NOT BE RELIED ON AS ADVICE, GUIDANCE, OR DIRECTION, AND CUSTOMER MUST USE ITS INDEPENDENT BUSINESS JUDGEMENT IN THE CONDUCT OF ITS BUSINESS.

  • BOTH PURCHASER AND SELLER ARE ACTING AT ARM'S LENGTH TO PROTECT THEIR OWN INTERESTS, AND BOTH PURCHASER AND SELLER SHALL USE THEIR OWN INDEPENDENT BUSINESS JUDGMENT CONCERNING THE SALE AND PURCHASE OF THE SHARES.

  • THE PROSPECT OF SUCCESS OF THE BUSINESS VENTURE UNDERTAKEN BY YOU BY VIRTUE OF THIS AGREEMENT IS SPECULATIVE AND DEPENDS TO A MATERIAL EXTENT UPON YOUR CAPABILITY AS AN INDEPENDENT BUSINESS PERSON AND FRANCHISEE, AS WELL AS OTHER FACTORS.

  • YOU WILL BE OPERATING YOUR OWN INDEPENDENT BUSINESS, BUYING AND SELLING PRODUCTS AND SERVICES AVAILABLE THROUGH AND BY THE COMPANY ON YOUR OWN ACCORD.


More Definitions of INDEPENDENT BUSINESS

INDEPENDENT BUSINESS means any BID Levy Payer whose business is not part of a multi- national or international company and operates fewer than 15 businesses of the same name in the United Kingdom;
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INDEPENDENT BUSINESS means any business unit within a Country designated by BPA ----------------- * Confidential treatment is requested for redacted portion. Confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. executive committee from time to time to operate at arm's length because (i) it is pending decision regarding a possible disposal of the business unit; or (ii) the business unit operates under conditions materially distinct from those applying to the Services as evidenced by non participation in all or some of the other BPA main stream support services in that Country. "INDEMNIFIED BPA PARTY" has the meaning ascribed to it in Clause 21.1.
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