Common use of ASSETS COMPRISING THE BUSINESS Clause in Contracts

ASSETS COMPRISING THE BUSINESS. The Assets are all of the tangible and intangible properties (real, personal and mixed), including, without limitation, all licenses, intellectual property, permits and authorizations, and contracts that are necessary or material to the operation of the Business as now operated. The quantities of inventory and supply items included in the Assets are reasonable in light of the present and anticipated volume of the Business of the Seller in the ordinary course of the business of the Seller, consistent with past practice, as determined by the Seller in good faith and consistent with past practice.

Appears in 4 contracts

Samples: Agreement for Sale and Purchase (Integrated Health Services Inc), Agreement for Sale and Purchase (Integrated Health Services Inc), Agreement for Sale and Purchase (Integrated Health Services Inc)

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ASSETS COMPRISING THE BUSINESS. The Assets are all of the tangible and intangible properties (real, personal and mixed), including, without limitation, all licenses, intellectual property, permits and authorizations, and contracts that are necessary or material to the operation of the Business as now operated. The quantities of inventory and supply items included in the Assets are reasonable in light of the present and anticipated volume of the Business of the Seller in the ordinary course of the business of the Seller, consistent with past practice, as determined by the Seller in good faith and consistent with past practice.past

Appears in 1 contract

Samples: Agreement for Sale and Purchase (Integrated Health Services Inc)

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ASSETS COMPRISING THE BUSINESS. The Assets are all of the tangible and intangible properties (real, personal and mixed), including, without limitation, all licenses, intellectual property, permits and authorizations, and contracts that are necessary or material to the operation of the Business Businesses as now operated. The quantities of inventory and supply items included in the Assets are reasonable in light of the present and anticipated volume of the Business Businesses of the Seller Company in the ordinary course of the business of the SellerCompany, consistent with past practice, as determined by the Seller Shareholders in good faith and consistent with past practice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Integrated Health Services Inc)

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