Common use of Adequacy Clause in Contracts

Adequacy. Buyer acknowledges that, to the Knowledge of the Buyer, the Assets transferred pursuant to this Agreement, together with the Buyer’s existing resources, enables Buyer to operate the Business as an ongoing entity and that no other assets are needed from Seller to do so.

Appears in 2 contracts

Samples: Asset Sale Agreement (Stonemor Partners Lp), Asset Sale Agreement (Stonemor Partners Lp)

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Adequacy. The Buyer acknowledges that, to the Knowledge of the Buyer, the Assets transferred pursuant to this Agreement, together with the Buyer’s existing resources, enables the Buyer to operate the Business as an ongoing entity and that no other assets are needed from the Seller to do so.

Appears in 2 contracts

Samples: Asset Sale Agreement (Stonemor Inc.), Asset Sale Agreement (Stonemor Inc.)

Adequacy. Buyer acknowledges that, to the Knowledge of the Buyer, that the Assets and the intellectual property to be transferred pursuant to this Agreement, together with the Buyer’s existing resources, enables Agreement will enable Buyer to operate the Business as an ongoing entity and that no other assets are needed from Seller to do so.

Appears in 1 contract

Samples: Contingent Asset Sale Agreement (Carriage Services Inc)

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Adequacy. Buyer acknowledges that, to the Knowledge of the Buyer, the Assets transferred pursuant to this Agreement, together with the Buyer’s existing resources, enables Buyer to operate the Business as an ongoing entity and that no other assets are needed from Seller to do so.

Appears in 1 contract

Samples: Asset Sale Agreement (Stonemor Partners Lp)

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