MMC Business definition
Examples of MMC Business in a sentence
The access to Information being granted pursuant to Section 6.02 hereof, the agreement to provide witnesses and individuals pursuant to Section 6.08 hereof and the disclosure to MMC and the Company of Privileged Information relating to the MMREIS Business or MMC Business pursuant to this Agreement in connection with the Contribution shall not be asserted by MMC or the Company to constitute, or otherwise deemed, a waiver of any Privilege that has been or may be asserted under this Section 6.11 or otherwise.
MMC and its Subsidiaries have, through ownership or licensing, all Intellectual Property Rights necessary to conduct the MMC Business.
MMC maintains the public liability insurance and insurance against loss or damage to the MMC Assets and the MMC Business as described in Schedule “E” hereto; (gg) MMC Material Contracts.
MMC leases all office space, and leases or owns all fixtures, furniture, personal property and equipment, necessary for the conduct of the MMC Business as it is presently being conducted.
The Company and its Subsidiaries own or lease all tangible assets necessary for the conduct of the MMC Business.
MMC carries on the MMC Business primarily in the State of Florida and carries on material business activities in other jurisdictions.
MMC carries on the MMC Business only under the name "Men’s Medical Corporation" and variations thereof and under no other business or trade names as set forth on Exhibit “A”.
Each Seller acknowledges and agrees that, in view of the nature of the MMC Business and the business objectives of Buyer in acquiring the Shares, and the consideration paid to Sellers hereunder, the limitations of this Section 7.4 are reasonable and necessary in order to protect Buyer’s legitimate business interests.
There are no material MMC assets (including Intellectual Property) that Sellers or any of their Affiliates (other than the Company or one of its Subsidiaries) own or license or otherwise have the right to use which are used in or necessary to the conduct of the MMC Business.