Information Services Business definition

Information Services Business means the Retained Business as defined in the Destinations Distribution Agreement, and, in addition, shall also mean Closely Related Businesses described in Exhibit A hereto, provided that Information Services Business does not include the ITT Industries Business or the ITT Hartford Business as defined in the Hartford License Agreement and the Industries License Agreement. (i) "ITT Corporation" shall mean ITT Corporation, a Nevada corporation. (j) "ITT Destinations" shall mean ITT Destinations, Inc., a Nevada corporation. (k) "ITT Destinations Business" shall mean all business not specifically included within the Retained Business. (l) "Distribution Time" shall have the meaning set forth in the Destinations Distribution Agreement. (m) "ITT Information Services" shall mean (a) ITT Corporation, a Nevada corporation after the Destinations Distribution or (b) ITT Information Services, Inc., after ITT Corporation changes its corporate name in accordance with Section 6.07 of the Destinations Distribution Agreement and Section 2.02 of this IP Agreement. (n) "ITT Name" shall mean the worldwide rights to that portion of any company and trade name consisting of the letters "ITT" and the goodwill associated therewith. (o) "ITT Marks" shall mean the worldwide rights to all trademarks and service marks consisting of the letters "ITT", either alone or in combination with other words, together with all registrations thereof and all applications thereof now or hereafter filed or obtained, and the goodwill associated therewith. (p) "ITT Sheraton" shall mean, prior to the Sheraton Merger, ITT Sheraton, and upon consummation of the Sheraton Merger, ITT Destinations, or any successor to ITT Destinations. (q) "Permitted Manner of Use" shall mean use of the ITT Name and the ITT Marks in accordance with all legal requirements and also with ITT Sheraton's policy and style standards as currently existing and as may be reasonably amended from time to time by ITT Sheraton. (r) "Phaseout Period" shall mean a period of three (3) months from the termination of that portion of this IP Agreement relating to the ITT Name and ITT Marks during which period all use of the ITT Name and ITT Marks by ITT Information Services and its Subsidiaries, as the case may be, shall be phased out in accordance with the provisions of this IP Agreement. (s) "Retained Business" shall have the meaning set forth in the Destinations Distribution Agreement. (t) "Service Mark ▇▇▇ense Agreement" shall mean the Tra...
View Source

Examples of Information Services Business in a sentence

  • As of the date of issuance of this disclosure list, an application to change the operating entity of the Telecom and Information Services Business License is ongoing, and the operating entity will be changed from the Controlling Shareholder to the Company.

  • In the event ITT Information Services and/or any Subsidiary of ITT Information Services shall abandon its use of the ITT Name for all or a portion of the Information Services Business, then the scope of the rights granted in Section 2.01 with respect to such abandoned ITT Name shall be reduced by an amount equal to the scope of the Information Services Business so abandoned.

  • In the event ITT World Directories and/or any Information Services Subsidiary shall abandon its use of the ITT Name or the ITT Marks for all or a portion of the Information Services Business, then the scope of the rights granted in Sections 2.01 and 2.02 with respect to such abandoned ITT Name or ITT Marks shall be reduced by an amount equal to the scope of the Information Services Business so abandoned.

  • Nothing in this IP Agreement shall preclude ITT Information Services, or any of its Subsidiaries or affiliates, from operating in any business outside of the Information Services Business provided the ITT Name or the ITT Marks are not used in such business.

  • Any expenses incurred by, or on behalf of, ITT Sheraton in connection with registering or maintaining registrations of the ITT Name and ITT Marks for the Information Services Business shall be reimbursed by ITT Information Services promptly upon receipt of written notice thereof.

  • Bespoke DALL system Information Services: Business Intelligence Data Analytics learning Laboratory (DALL) is a sandpit environment where NHSBSA data scientists and statisticians interrogate copies of selected production databases.

  • Bespoke Offline ePACT Information Services: Business Intelligence Business Intelligence application available to NHS and other Healthcare related Organisations.

  • For purpose of this Section 2.05, abandonment shall mean the failure of ITT World Directories or any Information Services Subsidiary to use the ITT Name or the ITT Marks for a period of two (2) years all or such portion of the Information Services Business, any such period to commence only after the Distribution Date.

  • At the request of ITT World Directories, ITT Sheraton shall file registration applications and maintain any such applications and registrations issued thereon for the ITT Name and ITT Marks for activities within the ITT Information Services Business.

  • For purpose of this Section 2.05, abandonment shall mean the failure of ITT Information Services or any Subsidiary of ITT Information Services to use the ITT Name for a period of two (2) years in all or such portion of the Information Services Business, any such period to commence only after the Distribution Date.