Adequacy of Assets. (a) The assets of the Company and the facilities and services to which the Company has a contractual right include all rights, properties, assets, facilities and services necessary for the carrying on of the Company’s Business in the manner in which it is presently carried on.
Appears in 2 contracts
Samples: Investment Agreement, Investment Agreement
Adequacy of Assets. (a) 1.1 The assets of the Company and the facilities and services to which the Company has a contractual right include all rights, properties, assets, facilities and services necessary for the carrying on of the Company’s Business business of the Company in the manner in which it is presently currently carried on.
1.2 All of the assets owned by the Company, or in respect of which the Company has a right of use, are in the possession or under the control of the Company
Appears in 1 contract
Adequacy of Assets. (a) The assets of the Company and the Assets, facilities and services to which the Company has a contractual right include all rights, properties, assets, facilities and services necessary for or desirable to carry on the carrying on of the Company’s Business in the manner in which it is presently they have been or are currently carried on.
(b) The Company does not depend in any material respect upon the use of assets owned by, or facilities or services provided by the Seller.
Appears in 1 contract
Samples: Equity Transfer Agreement (Zap)
