Qualified Support definition

Qualified Support means one or more of (i) a standby letter of credit in favor of Seller, in form and substance reasonably acceptable to Seller or (ii) an amount in cash, deposited by Buyer or any of its Affiliates in a third party escrow account in favor of Seller, that, in each case of the foregoing clauses (i) or (ii), are in an aggregate amount equal to the amount of the aggregate of any Contingent Consideration that may become due to Seller hereunder.
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Qualified Support is defined in Section 2.2(a)(ii)(E).
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Examples of Qualified Support in a sentence

  • The Qualified Support Employees or Technical Services Engineers performing Level 2 Support shall review all resources within reason including documentation, the BlueArc Knowledge Base and/or patch matrix before escalating a Problem to Level 3 Support.

  • HDS and BlueArc will agree to the appropriate rules of engagement between the HDS Qualified Support Employees and the BlueArc Technical Service Engineers.

  • HDS will assume Level 1 Support at such time, as determined by HDS, that Qualified Support Employees (including subcontractors and ASPs) are sufficiently trained to provide Level 1 Support to End Users.

  • Further, HDS will assume Level 2 Support at such time, as mutually agreed by the Parties such Qualified Support Employees are proficient in providing Level 2 Support.

  • Provide Technical Support to the Sub-Licensee's Customers and Qualified Support Staff consistent with the Product support policies.

  • Vendors who join the Program pursuant to a Qualified Support Partner Agreement (collectively, "QSPs") will benefit from membership through their association with Brocade and through the following Program benefits.

  • Failure on the part of Parent to deliver such notice prior to the end of such ten (10) Business Day period shall result in Parent becoming immediately upon demand by Seller obligated to provide Qualified Support in favor of Seller.

  • Brocade has established a Qualified Support Partner Program (the "Program") to provide its SAN customer-base with a network of trained and certified Brocade-authorized professional support providers.

  • Each QSP shall receive official authorization from Brocade to service and support all Brocade Products and services listed in Section 1.2 of the Qualified Support Partner Program Agreement ("Agreement").

  • Each QSP shall be entitled to use certain Brocade trade names, trademarks and service marks, including the `Brocade Qualified Support Partner' emblem, on its web sites and collateral, in accordance with the terms and conditions of Section 5 of the Agreement.

Related to Qualified Support

  • qualified supplier means a supplier that a procuring entity recognises as having satisfied the conditions for participation;

  • Qualified Subsidiary means a Subsidiary that meets the definition of “a company controlled by its parent company” as defined in Rule 3a-5 under the 1940 Act.

  • Specified Subsidiary means, at any date of determination (a) any Material Subsidiary or (b) any Unrestricted Subsidiary (i) whose total assets at the last day of the Test Period ending on the last day of the most recent fiscal period for which Section 9.1 Financials have been delivered were equal to or greater than 10% of the Consolidated Total Assets of the Borrower and the Subsidiaries at such date, or (ii) whose revenues during such Test Period were equal to or greater than 10% of the consolidated revenues of the Borrower and the Subsidiaries for such period, in each case determined in accordance with GAAP, and (c) each other Unrestricted Subsidiary that is the subject of an Event of Default under Section 11.5 and that, when such Subsidiary’s total assets or revenues are aggregated with the total assets or revenues, as applicable, of each other Subsidiary that is the subject of an Event of Default under Section 11.5 would constitute a Specified Subsidiary under clause (b) above.

  • Qualified Medical Child Support Order means a Medical Child Support Order which creates (including assignment of rights) or recognizes an Alternate Recipient's right to receive benefits to which a Participant or Qualified Beneficiary is eligible under this Plan, and has been determined by the Plan Administrator to meet the qualification requirements as outlined under “Procedures” of this provision.

  • Qualified school means a nongovernmental primary or secondary