Relevant ASE Business definition
Examples of Relevant ASE Business in a sentence
Subject to the foregoing, immediately following the Closing, the applicable Purchaser will have ownership of and license rights to use all information technology hardware and software which is owned, held or used by the Non-JV Acquired Entities or used by any Asset Selling Entity primarily in connection with the Relevant ASE Business conducted in Europe.
All information technology hardware and software owned by an Asset Selling Entity and all licenses to information technology hardware and software licensed to an Asset Selling Entity, to the extent used primarily in connection with the Relevant ASE Business, are included within the Purchased Assets, and all such licenses will survive the Closing and remain in full force and effect (in accordance with and subject to their terms) immediately following the Closing.