ASSETS SUFFICIENT FOR THE BUSINESS Sample Clauses

ASSETS SUFFICIENT FOR THE BUSINESS. The assets and rights owned by or licensed to each Group Company, together with the assets and rights to be supplied under the Transitional Services Agreement and the Trademark Agreement and assets held under any finance lease, hire purchase and rental or credit sale agreements Disclosed, comprise all of the assets and rights necessary for the continuation of the business of such Group Company as carried on at the date of this Agreement.
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ASSETS SUFFICIENT FOR THE BUSINESS. The Assets owned, leased or licensed by the Business together with the services and facilities to which it has a contractual right comprise all the Assets, services and facilities necessary for the carrying on of the Business substantially in the same manner as it was carried on prior to Closing. None of the Company’s Assets are in the possession of or under the control of any other Person including, without limitation, any of the Sellers.
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ASSETS SUFFICIENT FOR THE BUSINESS. The assets owned by the Target together with the services and facilities to which it has a contractual right comprise all the assets, services and facilities necessary for the carrying on of the business of the Target as now carried on.
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ASSETS SUFFICIENT FOR THE BUSINESS. 6.2.1 The Assets comprise all the business of the Business and all assets used in the Business since 1 January 1999 and which are necessary for the continuation of the Business as carried on since that date and as it is expected to be conducted following Completion.
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ASSETS SUFFICIENT FOR THE BUSINESS. 1.10.2.1 The assets owned by the company together with any assets held under the agreements listed in the disclosure letter comprise all assets necessary for the continuation of the business of such company as now carried on.
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ASSETS SUFFICIENT FOR THE BUSINESS. 1.1 The assets and rights owned by or licensed to the Company, together with assets held under any finance lease, hire purchase and rental or credit sale agreements referred to in the Disclosure Letter, comprise all of the assets and rights necessary for the continuation of the business of the Company as carried on at the date of this Agreement.
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ASSETS SUFFICIENT FOR THE BUSINESS. The assets and rights owned by each Group Company, together with assets held under any license, finance lease, hire purchase and rental or credit sale agreements contained in the Data Room at sections 1.11.1.1, 1.15.1 and 1.15.4.1 comprise all assets and rights necessary for the continuation of the business of that Group Company as carried on at the date of this Agreement.
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ASSETS SUFFICIENT FOR THE BUSINESS. The assets and rights owned by or licensed to the Company immediately following completion of the Hive Across Agreement, together with assets held under any finance lease, hire purchase and rental or credit sale agreements referred to in the Disclosure Letter, comprise all assets and rights necessary for the continuation of the business of the Company as carried on at the date of this Agreement (but for the avoidance of doubt following completion of the Hive Across Agreement).
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ASSETS SUFFICIENT FOR THE BUSINESS. In the Seller's reasonable opinion, the physical assets owned by the Target together with the services and facilities to which it has a contractual right comprise all the physical assets, services and facilities necessary for the carrying on of the business of the Target as now carried on.
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Related to ASSETS SUFFICIENT FOR THE BUSINESS

  • Know-How Necessary for the Business The Intellectual Property Rights are all those necessary for the operation of the Company’s businesses as it is currently conducted or as represented, in writing, to the Purchasers to be conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Rights, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use all of the Intellectual Property Rights. To the Company’s knowledge, no employee of the Company has entered into any contract that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, or disclose information concerning his work to anyone other than of the Company.

  • Assets Necessary to Business The Purchased Assets include all property and assets (except for the Excluded Assets), tangible and intangible, and all leases, licenses and other agreements, which are necessary to permit Buyer to carry on, or currently used or held for use in, the business of the Restaurant as presently conducted and as conducted immediately prior to the Closing Date.

  • The Business The parties acknowledge that the Company is engaged in the development, marketing and sale of certain proprietary technologies, processes and related products in the areas of chemical detection, technical processes, and technical/business services, and that the Company may also from time to time become or may intend to become engaged in other business endeavors (individually and collectively, the "BUSINESS"). The Company shall be deemed to intend to become engaged in a business endeavor if it has devoted or expended any significant resources, either financial or human resources, towards the proposed endeavor, either in planning or implementing the undertaking of such planned endeavor.

  • Title to Purchased Assets Seller has good and valid title to, or a valid leasehold interest in, all of the Purchased Assets. All such Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

  • Conduct of Business Pending Closing Between the date of this Agreement and the Funding and Consummation Date, the Company will, except as set forth on Schedule 7.2:

  • Material Contracts and Transactions Other than as expressly contemplated by this Agreement, there are no material contracts, agreements, licenses, permits, arrangements, commitments, instruments, understandings or contracts, whether written or oral, express or implied, contingent, fixed or otherwise, to which Pubco is a party except as disclosed in writing to Priveco or as disclosed in the Pubco SEC Documents.

  • Purchased Assets Subject to the terms and conditions of this Agreement, at the Closing, each Seller shall sell, convey, assign, transfer and deliver to the Buyer, and the Buyer shall purchase, free and clear of all Encumbrances, all right, title and interest of such Seller in and to the following Assets (collectively, the “Purchased Assets”):

  • Conduct of Business Prior to Closing Except as otherwise expressly required or contemplated by this Agreement or applicable Law, or with the prior written consent of the Investor, between the date of this Agreement and the Closing, the Company shall, and the Company shall cause each Company Subsidiary to:

  • Acquired Assets 11 Upon the terms and subject to the conditions set forth in this Agree- ment, at the Closing Seller shall sell, assign, transfer, convey and deliver to Buyer free and clear of all Liens, and Buyer shall purchase, acquire and take assignment and delivery of, all right, title and interest of Seller in and to the Acquired Assets, including the following:

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