Primarily Related definition

Primarily Related means, with respect to any business or System, owned or held primarily by, required primarily for, or used, intended for use, leased, licensed, accrued, reserved or incurred primarily in connection with, such business or System, including to the extent allocated thereto pursuant to Schedule 1.1(m) of the Seller Disclosure Schedule.
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Primarily Related or “Primarily” means, with respect to the applicable referent term, any or all of the following: (a) primarily related to, (b) reasonably necessary with respect to or in connection with the Exploitation of or (c) actually used with respect to or in connection with the Exploitation of.
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Primarily Related means (i) used or intended to be used in the Business fifty percent (50%) or more or fifty percent (50%) of the times or more or (ii) otherwise fifty percent (50%) or more related to the Business.
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Examples of Primarily Related in a sentence

  • None of the Friendco Transferred Assets are Primarily Related to any Specified Business except to the extent Buyer has otherwise so consented.

  • None of Seller or its Affiliates (other than any Transferred Joint Venture Entity) owns any Transferred Asset Primarily Related to any Joint Venture Business.

  • Empire Sports Network has no Assets other than those Primarily Related to its business of operating a regional sports network and has no Assets Primarily Related to the Cable Systems.

  • The Palm Beach Joint Venture does not hold any Assets that are Primarily Related to any portion of the Business other than the portion of the Business conducted by the Palm Beach Joint Venture.

  • The allocation of shares between the Newco Group and the Everest Group shall be relevant in assessing the indemnification obligation of the Party as to which said Liability is not Primarily Related pursuant to Section 4.2 or Section 4.3, respectively.

  • Notwithstanding any other provision of this Combination Agreement, neither the Company nor any other Company Group Member shall assume or in any way be liable or responsible for, and Thomson and its Subsidiaries shall retain (to the extent that it is practicable to transfer such Liabilities to another Person)) or indemnify the Company Group Members for all Liabilities Primarily Related to the Thomson Business other than the Thomson Assumed Liabilities (the “Thomson Excluded Liabilities”).

  • Section 1.1 Primarily Related to the GES Business...........................................................................

  • Each of the (i) Finished Goods and (ii) Raw Materials Primarily Related to the Thomson Business is valued in the books and accounts of the Thomson Group according to French GAAP.

  • There is no owned or leased real property Primarily Related to the Business.

  • Schering-Plough shall transfer or cause to be transferred to one or more members of the I/SP Group all of the right, title and interest of Schering-Plough and its Subsidiaries (other than the members of the I/SP Group) to all of the assets (including for the avoidance of doubt Intellectual Property Rights) of Schering-Plough and its Subsidiaries Primarily Related to the I/SP Business.


More Definitions of Primarily Related

Primarily Related to any business, asset or liability, shall mean owned or held primarily by, required primarily for, or used, intended for use, leased or licensed, primarily in connection with, or (in the case of liabilities) to the extent accrued, reserved or incurred in connection with, such business, asset or liability.
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Primarily Related in relation to an Applicable Business means exclusively or primarily used in, or exclusively or primarily related to, the operation of that Applicable Business.
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Related to Primarily Related

  • Costs directly related means expenditures that are incurred for acquisition, demolition, disposal, redevelopment, or rehabilitation of a project to the extent that they are attributable directly to the remediation or redevelopment of the property or its improvements. “Costs directly related” includes expenditures for site preparation work, surveying, construction materials, construction labor, architectural services, engineering services, building permits, building inspection fees, and interest accrued on a construction loan during the time period allowed for project completion under an agreement entered into pursuant to the program. “Costs directly related” does not include expenditures for furnishings, appliances, accounting services, legal services, loan origination and other financing costs, syndication fees and related costs, developer fees, or the costs associated with selling or renting the dwelling units whether incurred before or after completion of the housing project.

  • Federally related transaction means any real estate related

  • Company Related Parties means, collectively, (i) the Company and its Subsidiaries; and (ii) the former, current and future holders of any equity, controlling persons, Representatives, Affiliates, members, managers, general or limited partners, stockholders and assignees of each of the Company, its Subsidiaries and each of their respective Affiliates.

  • Company Related Party means the Company, its Subsidiaries and its affiliates and its and their respective affiliates’ stockholders, partners, members, officers, directors, employees, controlling persons, agents and representatives.

  • 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.