Assets Necessary to Conduct Business. The Assets comprise all of the assets necessary to operate the business as presently being conducted.
Assets Necessary to Conduct Business. Upon consummation of the Transactions, the Company will continue to hold the necessary real and personal property currently used by the Company to conduct the Company’s business as currently conducted by the Company. The Company’s business is conducted solely through the Company.
Assets Necessary to Conduct Business. The Assets comprise all of the assets necessary for the Purchaser to operate the Microsoft Business as conducted by the Company as of the Closing Date.
Assets Necessary to Conduct Business. The Assets comprise all of the assets necessary for the Company to operate the Business. No Predecessor Company or any other Person owns or holds any assets or properties used in the Business. The Company has acquired the Business and the Assets from the Predecessor Companies, and the Business is the only business that has been engaged in by the Company.
Assets Necessary to Conduct Business. Except as set forth on Schedule 4.14 hereto, the Assets include all rights, properties, interests in properties and assets reasonably necessary to permit the Purchasers to carry on the Business substantially as presently conducted by the Seller (including, without limitation, the business related to Therapeutic Support Systems). No affiliate of the Seller holds any assets used in the Business.
Assets Necessary to Conduct Business. Except as set forth on Schedule 4.20 and except for (i) Excluded Assets of Seller and its Affiliates that will be retained by Seller and its Affiliates and available to perform services under the Transition Services Agreement, and (ii) such other assets of Seller and its Affiliates as are deployed to provide corporate services on behalf of the Business, the Purchased Assets and the Transferred Intellectual Property (as such term is defined in the Intellectual Property Purchase Agreement) comprise all of the assets necessary to operate the Business in all material respects as it is presently being conducted. The Fixtures and Equipment and the Leased Equipment include all of the manufacturing assets which are used by Seller and its Affiliates to manufacture Products, other than manufacturing assets owned or operated by an Affiliate of Seller in Mexico which are deployed to manufacture refried beans on behalf of Seller and other than manufacturing assets used by co-packers of Products.
Assets Necessary to Conduct Business. Except as set forth in Schedule 4.5: (i) the Purchased Assets constitute all of the assets, properties, Contracts and rights which are reasonably necessary to carry on the Residential Business by Buyer as currently conducted on the date of this Agreement, (ii) there are no assets, properties, Contracts or rights used in or reasonably necessary for the conduct of the Residential Business as presently conducted which are not owned, leased or licensed by the Selling Subsidiaries, and (iii) no part of the Residential Business is conducted by or through any Person other than the Selling Subsidiaries.
Assets Necessary to Conduct Business. Both NTS/Lake Forest and NTS/Virginia own or lease all properties and assets, have all permits and licenses, governmental or otherwise, and is party to all contracts and agreements, necessary or appropriate to permit it to carry on its respective business as presently conducted.
Assets Necessary to Conduct Business. Upon consummation of the transactions contemplated by this Agreement (including the Mergers and the Xxxxxx Sale), the Company, the Operating Partnership and the Company Subsidiaries other than the Xxxxxx Companies (collectively, the “Acquired Companies”) will continue to hold all of the material assets and properties currently used by the Acquired Companies or necessary to conduct any business currently conducted by the Acquired Companies other than the Xxxxxx Business (the “Business”).
Assets Necessary to Conduct Business. The Assets (along with the software licensed to the Purchaser pursuant to Section 9.9 and commercially available “off the shelf” software licensed to the Predecessor Companies by third parties) comprise all of the assets necessary for the Company to operate the Business. The Company has acquired the Assets and the Business from the Predecessor Company. The Business is the only business of the Company, and the Assets are the only assets, rights or properties of the Company.
