Contributed Business Line Clause Samples

Contributed Business Line. 3.1.1 The Business Line includes all assets comprising the complete and autonomous business line involving the building, research, planning, development and operation of underground natural gas storage facilities in France listed under Appendix 4 and their extensions in progress or in planning, and the sale of third-party access to those facilities. The Business Line specifically includes: 1. The customer base, the use of and, more generally, all factors comprising the businesses of building, research, planning, development and operating storage business of the Contributing Company; 2. Full and complete ownership of or right to use the know-how, labor, and technical knowledge related to the Business Line; 3. The industrial property rights, intellectual property rights, including software, software packages, and other IT applications corresponding the Business Line listed exclusively with the intangible fixed assets described in section I.A. below and listed under Appendix 5; 4. The official documents authorizing the operation of the Business Line and all files and administrative, legal and technical documents in the possession of the Contributing Company corresponding directly and exclusively to the Business Line; and the current studies and contracts relative to the Business Line; 5. The benefit and expense of all contracts, agreements, treaties, and deals relative to the Business Line, and specifically, without being limited to: a) Contracts between the Contributing Company and third parties, specifically: ▪ contracts for access by third parties to the storage facilities, entered into between the Contributing Company and customers of the Business Line; the public list of customers as at September 30, 2008 is provided in Appendix 6; ▪ contracts between the Contributing Company and the suppliers of the Business Line; ▪ contracts relative to the Business Line and entered into between the Contributing Company and the subsidiaries listed in Appendix 7; b) Employment contracts, and rights and obligations related thereto, for employees of the Contributing Company reporting to the Business Line on the Completion Date. The list of Business Line employees as at January 1, 2008 is provided in Appendix 8, notwithstanding full and complete application of the legal provisions relative to the transfer of employment contracts, specifically Article L. 1224-1 of the Labor Code; c) Miscellaneous loans, excluding accession to ownership, granted to employees of the Contribut...
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Related to Contributed Business Line

  • Restricted Business For all purposes under this Agreement, “Restricted Business” shall mean the design, development, marketing or sales of software, or any other process, system, product, or service marketed, sold or under development by the Company at the time Executive’s Employment with the Company ends.

  • DISADVANTAGED BUSINESS ENTERPRISE OR HISTORICALLY UNDERUTILIZED BUSINESS REQUIREMENTS The Engineer agrees to comply with the requirements set forth in Attachment H, Disadvantaged Business Enterprise or Historically Underutilized Business Subcontracting Plan Requirements with an assigned goal or a zero goal, as determined by the State.

  • Assumed Business Names Borrower has filed or recorded all documents or filings required by law relating to all assumed business names used by Borrower. Excluding the name of Borrower, the following is a complete list of all assumed business names under which Borrower does business: None.

  • Outside Businesses Subject to the provisions of Section 6.3, any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the activities of the Trust, and the Trust and the Holders of Securities shall have no rights by virtue of this Trust Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the activities of the Trust, shall not be deemed wrongful or improper. No Covered Person, the Sponsor, the Delaware Trustee or the Property Trustee shall be obligated to present any particular investment or other opportunity to the Trust even if such opportunity is of a character that, if presented to the Trust, could be taken by the Trust, and any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee shall have the right to take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment or other opportunity. Any Covered Person, the Delaware Trustee and the Property Trustee may engage or be interested in any financial or other transaction with the Sponsor or any Affiliate of the Sponsor, or may act as depositary for, trustee or agent for, or act on any committee or body of holders of, securities or other obligations of the Sponsor or its Affiliates.

  • Non-Company Business Except with the prior written consent of the Board, Executive will not during the term of Executive’s employment with the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of Executive’s duties hereunder.