Primarily Related to the Business definition

Primarily Related to the Business means, when used in connection with any assets, primarily related to, primarily used in connection with or primarily used or held for use in the Business and, when used in connection with any Liabilities, primarily related to the Business.
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Primarily Related to the Business means primarily related to or arising from, or used or held for use primarily in connection with, the Business as currently conducted by Seller and its Affiliates. For purposes of this definition, “primarily” means (a) in the case of all tangible assets and properties, that the proportionate use thereof in connection with the Business is greater than the proportionate use thereof in connection with the Excluded Businesses; (b) in the case of any Contract, that at least sixty-seven percent (67%) of the services or benefits to be provided under such Contract are provided in respect of the Business; and (c) in the case of any other intangible asset, property or right, that at least sixty-seven percent (67%) of the use of such item is in respect of the Business. Notwithstanding the foregoing, to the extent that any asset, property, Contract or right (or any group thereof) is reasonably divisible without loss of value or cost in excess of an amount that is not material with respect to the value of such asset, the portion of such asset, property, Contract or right (or group thereof) that is used in connection with the Business shall be deemed to be “Primarily Related to the Business” for purposes of this Agreement.
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Primarily Related to the Business means primarily related to, arising from, used in or held for use in the Business or the Purchased Assets.
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Examples of Primarily Related to the Business in a sentence

  • Xxxxxx Title: Senior Vice President, Secretary and General Counsel SENSATA TECHNOLOGIES B.V. By: /s/ Xxx Xxxxxx Name: Xxx Xxxxxx Title: Authorized Signatory Exhibit A Real Property Primarily Related to the Business Location Address Owned/ Leased Approx.

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More Definitions of Primarily Related to the Business

Primarily Related to the Business means primarily related to, primarily arising from, primarily used in, primarily developed for or primarily held for use in the Business or the Purchased Assets.
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Primarily Related to the Business means an asset that is used, or a circumstance that exists, or a Person or thing that relates, more than 80 percent of the time in or to the operation of the Business as conducted in the Ordinary Course.
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Related to Primarily Related to the Business

  • Company Related Parties means, collectively, the Company and the Company Subsidiaries and any of their respective former, current or future stockholders, managers, members, directors, officers, employees, agents, advisors, other representatives or successors or assignees of any of the foregoing.

  • Parent Related Parties means, collectively, (i) Parent or Merger Sub; and (ii) the former, current and future holders of any equity, controlling persons, Representatives, Affiliates (other than Parent or Merger Sub), members, managers, general or limited partners, stockholders and assignees of each of Parent and Merger Sub.

  • Primarily means machinery and equipment used 50 percent or more of the time in an activity described in paragraph (a).

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • Agent-Related Persons means the Agents, together with their respective Affiliates, and the officers, directors, employees, agents, attorney-in-fact, partners, trustees and advisors of such Persons and of such Persons’ Affiliates.

  • Lender-Related Person means, with respect to any Lender, such Lender, together with such Lender’s Affiliates, officers, directors, employees, attorneys, and agents.

  • Health status-related factor means any of the following factors:

  • Separate Business means each of the activities of the Licensee connected

  • member of the work-related activity group means a person who has or is treated as having limited capability for work under either—

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.