Underlying Business definition
Examples of Underlying Business in a sentence
The Underlying Business wi ll continue to be administered by the Original Cedents, All and/or Maiden Re, as applicable.
The Underlying Business will continue to be administered by the Original Cedents.
Upon recei pt of notice from Maiden Re ofan Administrative Triggering Event, as defined in the ADC Agreement, each of All and Technology shall grant the Rctrocessionairc, its Affiliates and their Representative access and rights to use all onlinc reporting and monitoring systems used by Maiden Re with respect to the Underlying Business and the Commuted Covered Losses.
Business Associate must make reasonable efforts to limit its Use, Disclosure or request of PHI to the Minimum Necessary to accomplish the intended purpose of the Use, Disclosure, or request in performing its obligations under the Underlying Business Agreement, this Agreement and The HIPAA Rules.
For the avoidance of doubt, the Transferors are not required to repeatedly provide the materials that have been provided by the Transferors during the financial due diligence of the Underlying Business and the Underlying Assets conducted by the Transferee prior to the execution of this Agreement.
Each Underlying Business that is a general or limited partnership has been duly organized and is validly existing under the laws of the state of its organization and has full power and authority to carry on its business as it is now being conducted and to own and operate its assets and properties.
Borrower shall cause the Servicer to maintain its electronic database (e.g., via Microsoft SharePoint) on which the Underlying Business Acquisition Files are stored in good, working order.
Accordingly either Party shall have the right to seek equitable relief to enjoin, restrain, redress, mitigate or prevent irreparable harm in a court of competent jurisdiction to enforce the terms of this Agreement while reserving its rights to pursue all other available remedies from the other Party under this Agreement or the Underlying Business Agreement.
With respect to the pages, entrances or links that are displayed on the webpage corresponding to the Transferred Underlying Domain Names that are unrelated to the Underlying Business (the “Unrelated Business”), if requested by the Transferee, the Transferors shall cooperate with the Transferee to close the Unrelated Business within a reasonable period of time requested by the Transferee, before the payment of the Second Installment of the Transfer Consideration.
Rainbow agrees that for a period of eighteen months from the Closing Date, neither it nor any of its Affiliates will employ or knowingly solicit for employment any individual who is, or was within the six-month period prior to the solicitation, an employee of or on-air talent working for an Underlying Business.