Network Business definition
Examples of Network Business in a sentence
ICP Co Subsidiary 2 shall obtain the Value-Added Telecommunications Permit (增值电信业务经营许可证) covering Internet Data Center Business (互联网数据中心业务), Internet Access Service Business (互联网接入服务业务), IP-VPN Service (国内互联网虚拟专用网业务) and Content Distribution Network Business (内容分发网络业务) as soon as possible but in any event no later than twelve (12) months after the Closing.
The foregoing shall not prohibit an interest owner of a Network Business Entity from at the same time also owning an interest in Countdown, plc, provided that the limitation on use of the Cardholder and the Member Restaurants list is maintained.
Copies of all Contracts relating to Independent Contractors used in the Network Business have been provided to Buyer.
The Company has all requisite power and authority to own, operate and lease its properties and to carry on the Network Business.
The Company and its Subsidiaries own no Patents that are used in the Network Business.
The Company Intellectual Property is sufficient for the conduct of the Network Business as currently conducted.
Each such offer that is made to an Employee who is actively employed in the Network Business on the day immediately preceding the Closing Date shall be an offer to commence employment on the Closing Date.
The Network Licensees (which may be merged into one entity), together with any other entity to which any rights under the Licenses are granted (collectively with the Network Licensees, the "Network Business Entities"), and other entities that are not engaged in the "Business" will comprise direct or indirect subsidiaries of New Corp.
As to all Company Registered IP, the Company or one of its Subsidiaries is the owner of the right, title and interest in such Company Registered IP as is necessary for the operation of the Network Business as currently conducted.
Group, other than the Network Business Entities, may engage in any business or activity of any nature whatsoever other than activities which are in competition with the "Business" under the terms of the Licenses provided that all such non-competitive businesses and activities shall not be conducted under the Marks; no member of the New Corp.