Common use of Assets of the Business Clause in Contracts

Assets of the Business. The Company has and will have as of the Closing Date good and marketable title to the Assets, free and clear of any and all Encumbrances. The Assets and the rights conferred by the Business Contracts comprise all of the properties, assets (including, without limitation, computer software and licenses therefor) and rights of the Company which relate to the conduct of the Business as presently conducted and are adequate to conduct the Business as presently conducted by the Company.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Naturade Inc), Asset Purchase Agreement (Naturade Inc)

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Assets of the Business. The Company has and will have as of the Closing Date good and marketable title to the Assets, free and clear of any and all Encumbrances, except for those Encumbrances which will be released on or before the Closing Date. The Except with respect to the Excluded Assets, the Assets and the rights conferred by the Business Contracts comprise all of the properties, assets (including, without limitation, computer software and licenses therefor) and rights of the Company which relate to the conduct of the Business as presently conducted and are adequate to conduct the Business as presently conducted by the Company.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Naturade Inc), Asset Purchase Agreement (Naturade Inc)

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Assets of the Business. The Company has and will have as of the Closing Date good and marketable title to the Assets, free and clear of any and all EncumbrancesEncumbrances other than Assumed Liabilities. The Assets and the rights conferred by the Business Contracts comprise all of the properties, assets (including, without limitation, computer software and licenses therefor) and rights of the Company which relate to the conduct of the Business as presently conducted and are adequate to conduct the Business as presently conducted by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Naturade Inc)

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