Common use of Adequacy of Assets Clause in Contracts

Adequacy of Assets. The assets owned or used by each Group Company and the facilities and services to which each Group Company has a contractual right include all rights, properties, assets, facilities and services necessary or desirable for the carrying on of the business of that Group Company in the manner in which it is currently carried on.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Snyder Communications Inc)

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Adequacy of Assets. The assets owned or used by of each Group Company and the facilities and services to which each Group Company has a contractual right include all material rights, properties, assets, facilities and services necessary or desirable for the carrying on of the business of that Group Company in the manner in which it is currently carried on.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Viasystems Inc)

Adequacy of Assets. The assets owned or used by of each Group Company and the facilities and services to which each Group Company has a contractual right include all rights, properties, assets, facilities and services necessary or that its respective board of directors considers desirable for the carrying on of the business of that Group Company in the manner in which it is currently carried on.

Appears in 1 contract

Samples: Agreement for the Sale and Purchase of Shares (Tom Online Inc)

Adequacy of Assets. The assets owned or used by of each Group Company and the facilities and services to which each Group Company has a contractual right include all rights, properties, assets, facilities and services necessary or desirable for the carrying on of the business of that Group Company in the manner in which it is currently carried on.

Appears in 1 contract

Samples: Agreement for the Sale and Purchase of Issued Share Capital (Muse Technologies Inc)

Adequacy of Assets. (a) The assets owned or used by of each Group Company and the facilities and services to which each Group Company has a contractual right include all rights, properties, assets, facilities and services necessary or desirable for the carrying on of the business of that Group Company in the manner in which it is currently presently carried on. (b) No Group Company depends in any material respect upon the use of assets owned by, or facilities and services provided by, the Vendor.

Appears in 1 contract

Samples: Sale and Purchase Agreement (China Unicom LTD)

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Adequacy of Assets. (a) The assets owned or used by of each Group Company and the facilities and services to which each Group Company has a contractual right include all rights, properties, assets, facilities and services necessary or desirable for the carrying on of the business of that Group Company in the manner in which it is currently carried on. (b) No Group Company depends in any material respect upon the use of assets owned by, or facilities or services provided by, the Seller or its Affiliates.

Appears in 1 contract

Samples: Share Purchase Agreement (Coca Cola Co)

Adequacy of Assets. The assets owned or used by of each Group Company and the facilities and services to which each Group Company has a contractual right include all rights, properties, assets, facilities and services necessary or desirable for the carrying on of currently used in the business of that Group Company in the manner in which it is currently carried on.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Viasystems Inc)

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