Examples of Conveyed Entities in a sentence
This Agreement has been, and each such Transaction Documents contemplated hereby to be executed by Buyer shall be, duly executed and delivered by Buyer and, assuming due authorization, execution and delivery by the Sellers and the applicable Conveyed Entities, constitutes a valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms, except that such enforcement may be limited by the Enforceability Exceptions.
The Sellers shall, and shall cause the Conveyed Entities to, deliver all notices and take all other actions reasonably requested by Buyer to facilitate the termination of all Contracts relating to Payoff Indebtedness, the termination of the commitments provided thereunder, the repayment in full of all obligations then outstanding thereunder (using funds provided by Buyer) and the release of all Encumbrances in connection therewith on the Closing Date.
Each Licensee may sublicense the rights granted in this Section 5.12(b) to its authorized distributors, vendors, subcontractors, and resellers acting on behalf of that Licensee in connection with the operation of the business of the Conveyed Entities.
The Properties comprise all the estate or interest of the Conveyed Entities in any land or premises.
Except as described in Section 3.6 of the Seller Disclosure Schedule, the Financial Statements (i) were prepared from the books and records of each Conveyed Entity in accordance with the accounting policies, procedures and estimates as set forth in Annex B; and (ii) fairly present in all material respects the financial condition of the Conveyed Entities as of December 31, 2015, December 31, 2016 and December 31, 2017, and results of operations of the Conveyed Entities for the periods presented.