Common use of Adequacy of Assets Clause in Contracts

Adequacy of Assets. 5.3(a) The assets 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 currently used in the business of that Group Company in the manner in which it is currently carried on.

Appears in 1 contract

Samples: Agreement (Viasystems Inc)

AutoNDA by SimpleDocs

Adequacy of Assets. 5.3(a6.3(a) The assets 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 currently used in necessary 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: Viasystems Inc

Adequacy of Assets. 5.3(a6.3(A) The assets of 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 currently used in 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 (Snyder Communications Inc)

AutoNDA by SimpleDocs

Adequacy of Assets. 5.3(a) The assets 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 currently used in 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: Muse Technologies Inc

Time is Money Join Law Insider Premium to draft better contracts faster.