ASSETS OWNED. Except for the Retained Assets, the Purchased Assets comprise all of those assets which are used or useful in the operation of the Business in the ordinary course as presently conducted.
Appears in 7 contracts
Samples: Asset Purchase Agreement (New Horizons Worldwide Inc), Asset Purchase Agreement (New Horizons Worldwide Inc), Asset Purchase Agreement (New Horizons Worldwide Inc)
ASSETS OWNED. Except for the Retained Assets, the Purchased Assets comprise all of those assets which are used or useful in the operation of the Business in the ordinary course as presently conducted. The Purchased Assets include all assets reflected on the Adjusted Balance Sheet other than the Retained Assets and those assets disposed of in the ordinary course of business consistent with prior practice.
Appears in 1 contract
Samples: Asset Purchase Agreement (New Horizons Worldwide Inc)