Common use of Adequacy of Assets Clause in Contracts

Adequacy of Assets. The assets of each Target Company and the facilities and services to which each Target 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 Target Company in the manner in which it is currently carried on.

Appears in 3 contracts

Samples: Conditional Sale and Purchase Agreement (China Mobile Hong Kong LTD /Adr/), Conditional Sale and Purchase Agreement (China Mobile Hong Kong LTD /Adr/), Conditional Sale and Purchase Agreement (China Mobile Hong Kong LTD)

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Adequacy of Assets. The assets of each the Target Company and the facilities and services to which each the Target 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 the Target Company in the manner in which it is currently carried on.

Appears in 3 contracts

Samples: Conditional Sale and Purchase Agreement (CHINA UNICOM (HONG KONG) LTD), Conditional Sale and Purchase Agreement (China Unicom LTD), Conditional Sale and Purchase Agreement (China Unicom LTD)

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