Assets Necessary to the Business. At and following the Closing Date, the Company Group Assets (a) will constitute all of the assets necessary or required to permit the Company Group Entities to carry on the Business in substantially the same manner as presently conducted and as conducted since December 31, 2017 by the Company Group Entities and (b) constitute all of the assets of the Company Group Entities, other than the Excluded Assets listed in Schedule 2.31, used in the Business presently and as conducted since December 31, 2017.
Assets Necessary to the Business. Each Seller owns, leases or holds under license all assets and properties (tangible and intangible) necessary to carry on Business No. 1 and Business No. 2 and operations as presently conducted and as shown on the Financial Statements. Such assets and properties are all of the assets and properties necessary to carry on Sellers' Business No. 1 and Business No. 2 as presently conducted and Shareholders (other than through their ownership of stock in DataNet and/or as set forth on the Disclosure Schedule) nor any member of his family owns or leases or has any interest in any assets or properties presently being used to carry on Business No. 1 or Business No. 2 of any Seller.
Assets Necessary to the Business. The Division Assets, together with the Excluded Assets, include all of the properties, assets and rights which are used in, or are necessary to carry on the Business as currently conducted. Set forth on Schedule 7(s) is a list of all of the material services presently rendered by the Seller and/or any affiliate thereof to the Division, irrespective of whether an intercompany charge is reflected on any financial statements of the Seller.
Assets Necessary to the Business. The Seller owns all assets and properties (tangible and intangible) necessary to carry on its Business and operations as presently conducted and as shown on the Financial Statements. Such assets and properties are all of the assets and properties necessary to carry on Seller's Business as presently conducted and none of the Shareholders (other than through their ownership of stock in the Seller and/or as set forth on the Disclosure Schedule) nor any member of their respective families owns or leases or has any interest in any assets or properties presently being used to carry on the Business of Seller.
Assets Necessary to the Business. Except as set forth on Schedule 3.1(jj) hereto, the Company directly or indirectly owns or leases all of its property and assets, and is a party to all licenses and other agreements necessary to the conduct and operation of the businesses of the Company as currently being conducted.
Assets Necessary to the Business. To Sellers’ Knowledge, the assets owned by the Companies (a) constitute all of the assets necessary to conduct the business of the Companies in substantially the same manner as it is currently conducted and that have been used in connection with the operations of the Companies since December 31, 2011 and (b) at Closing will constitute all of the assets of the Companies used in the business immediately prior to the Closing.
Assets Necessary to the Business. Company owns, leases, licenses, or ---------------------------------- has the right to use all assets and properties (tangible and intangible) necessary to carry on its Business and operations as presently conducted. Such assets and properties are all of the assets and properties necessary to carry on the Business of Company as presently conducted and, except as set forth in Disclosure Schedule 4.22, none of the Sellers (other than through their ownership of stock in Company) nor any member of their respective families owns or leases or has any interest in any assets or properties presently being used to carry on the Business of Company.
Assets Necessary to the Business. The Assets, excluding the Excluded Assets and the inventory related to the Stores, which is addressed in Section 3.10, (a) constitute all of the assets, tangible and intangible, necessary to operate the Stores, and (b) are in good operating condition and repair, ordinary wear and tear excepted.
Assets Necessary to the Business. Except as set forth in Section 2.24 of the Seller Disclosure Schedule, the Acquired Assets and the services to be provided pursuant to the Collateral Agreements constitute all of the assets, properties and services utilized to conduct the Business as presently conducted in all material respects. All material Acquired Assets actively used in the normal operation of the Business are in reasonably good repair and operating condition (subject to normal wear and tear).
Assets Necessary to the Business. Except as set forth on Schedule 3.3 of the Disclosure Schedules or for assets, services and supplies to be provided pursuant to the agreements to be entered into between Buyer and Seller at the Closing and subject to the receipt from any third parties of any required consents to assignment, following the Closing, Buyer will have all assets necessary to permit Buyer to carry on the Business in substantially the same manner as presently conducted by Seller.
