Common use of All Assets Necessary to Conduct Business Clause in Contracts

All Assets Necessary to Conduct Business. The Acquired Assets comprise all of the assets, properties and rights of every type and description, real, personal, tangible and intangible (other than the Excluded Assets) held or used by the Selling Parties in and, in the reasonable opinion of the management of the Selling Parties, necessary to, the Business as currently conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Golden Books Family Entertainment Inc), Asset Purchase Agreement (Golden Books Family Entertainment Inc)

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All Assets Necessary to Conduct Business. The Except as described in Section 3.6 of the Disclosure Schedule, the Acquired Assets comprise all of the material assets, properties and rights of every type and description, real, personal, tangible and intangible (other than the Excluded Assets) held or used by the Selling Parties Sellers in and, in the reasonable opinion of the management of the Selling Parties, and necessary to, the Business as currently historically conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Fao Inc), Asset Purchase Agreement (Children S Books & Toys Inc)

All Assets Necessary to Conduct Business. The Acquired Assets comprise all of the assets, properties and rights of every type and description, real, personal, tangible and intangible (other than the Excluded Assets) held or intangible, used by the Selling Parties in Seller in, and, in the reasonable opinion of the management of the Selling PartiesBirks, necessary to, the Business conduct of the Seller's business as currently conducted and as proposed by Birks to be conducted. No member, manager, officer or employee of the Seller owns any material asset, tangible or intangible, which is used in the business of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Casino Resource Corp)

All Assets Necessary to Conduct Business. The To the Company’s Knowledge, the Acquired Assets comprise all of the assets, properties and rights of every type and description, real, personal, tangible and intangible (other than the Excluded Assets) held or used by the Selling Parties in andCompany in, in the reasonable opinion of the management of the Selling Parties, and which are reasonably necessary to, the Business conduct of the businesses of the Company as currently conducted.

Appears in 1 contract

Samples: Asset Acquisition Agreement (Rackable Systems, Inc.)

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All Assets Necessary to Conduct Business. The Acquired Assets comprise Assets, when utilized with a labor force substantially similar to that currently utilized by the Seller, constitute all of the assets, properties and rights assets of every type and description, real, personal, tangible and intangible the Seller which are necessary to the conduct of Business (other than excluding the Excluded Assets) held or used by the Selling Parties in and, in the reasonable opinion of the management of the Selling Parties, necessary to, the Business as currently conducted).

Appears in 1 contract

Samples: Asset Purchase Agreement (SFX Entertainment Inc)

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