Internal Collaboration definition

Internal Collaboration. - means collaborative arrangements within a group of companies or within various strategic business. units/subsidiaries/operating divisions in order to gain a strategic position whilst sharing resources, profits and losses as well as risks

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Internal Collaboration means collaborative arrangements within a group of companies or within various strategic business units/subsidiaries/operating divisions in order to gain a strategic position whilst sharing resources, profits andlosses as well as risks. “Joint Ownership” (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combinedinvestment. “Joint Venture” means two or more businesses joining together under a contractualagreement to conduct a specific business enterprise with both parties sharing profit and losses. “Licences” means conditional use of another party’s intellectual property rights. “Management” “in relation to an enterprise or business, means an activity inclusive of control, and performed on a daily basis, by any person who is a principal executive officer of the company, by whatever name that person maybe designated, and whether or not that person is a director. “Non-firm Price(s)” means all price(s) other than “firm” price(s). “Organ of State” means a constitutional institution defined in the Public FinanceManagement Act, Act 1 of 1999. “Person(s)” refers to a natural and/or juristic person(s). “Prime Bidder” means any person (natural or juristic) who forwards an acceptable proposal in response to this Request for Bid (RFB) with the intention ofbeing the main contractor should the proposal be awarded to him/her. “Rand Value” means the total estimated value of a contract in Rand denomination,which is calculated at the time of proposal invitations and includes all applicable taxes and excise duties. “SMME” bears the same meaning assigned to this expression in the NationalSmall Business Act, 1996 (Act No. 102 of 1996). “Sub-contracting” means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor inexecuting part of a project in terms of a contract. “Successful Bidder” means the organization or person with whom the order is placed or whois contracted to execute the work as detailed in the bid. “Trust” means the arrangement through which the property of one person ismade over or bequeathed to a trustee to administer such property for the benefit of another person. “Trustee” means any person, including the founder of a trust, to whom property is bequeathed in order for such ...

Examples of Internal Collaboration in a sentence

• All employees will be afforded reasonable time to access their email; government resources; work related systems such as Employee Express and Electronic Official Personnel File (eOPF); and to participate in workplace life via platforms such as the Internal Collaboration Network (ICN).

• Novartis will furnish to the JSC, at each JSC meeting, to the extent applicable, a report summarizing Novartis’ progress on Novartis Internal Collaboration Compounds, which reports shall be sufficient in content to keep Schrӧdinger reasonably informed regarding the progress and results of Development activities such Novartis Internal Collaboration Compounds.

• Employees whose regular work does not require computer use will be afforded reasonable time to access their email; government resources; work related systems such as Employee Express and Electronic Official Personnel File (eOPF); and to participate in workplace life via platforms such as the Internal Collaboration Network (ICN).