Examples of Business Goodwill in a sentence
The Business Goodwill and Know How are hereby transferred to the Transferees.
Accordingly, the Purchase Price shall be reported for income and other Tax purposes by the Parties as allocated among the Business Goodwill, Owners’ IP, the restrictive covenants set forth in Section 5.02, and the assets of Seller (the "Allocation Principles").
Owners are the exclusive owners of all right, title and interest in and to the Owners’ IP and the Business Goodwill, free and clear of any and all Encumbrances.
An agreement between Sellers and Purchasers, regarding the protection of the goodwill and value of certain businesses of Sellers and Purchasers, in substantially the form as set forth on Exhibit L attached hereto (the "Business Goodwill and Value Protection Agreement"), duly executed by Sellers.
If the value exceeds $5,000.00, an immediate distribution of the entire amount may be made to the surviving spouse, provided such surviving spouse consents in writing to such distribution.