Availability of Assets. Except as set forth in Schedule 5.8, the assets and properties owned or leased by the Company constitute all the material assets and properties used in the operation of the Business as currently conducted (including all books, records, computers and computer programs and data processing systems) and are in good condition (subject to normal wear and tear) and serviceable condition and are suitable for the uses for which intended.
Availability of Assets. Subject to League Rules (as defined in the Arena License), Rangers, LLC and Representative, in each case, to the extent within its control, shall at all times maintain availability of Team Sponsorship Assets that are included in any then-active Sponsorship Agreements, as well as such other Team Sponsorship Assets as Rangers, LLC may otherwise commit to a third party sponsor, unless either Rangers, LLC or Representative is able to provide one or more “make good” assets that are acceptable to the affected sponsor or elimination of the asset(s) is otherwise agreed upon by the parties. Representative shall comply, and ensure that other applicable parties comply, with each Sponsorship Agreement in all respects.
Availability of Assets. Subject to League Rules (as defined in the Arena License), Knicks, LLC and Representative, in each case, to the extent within its control, shall at all times maintain availability of Team Sponsorship Assets that are included in any then-active Sponsorship Agreements, as well as such other Team Sponsorship Assets as Knicks, LLC may otherwise commit to a third party sponsor, unless either Knicks, LLC or Representative is able to provide one or more “make good” assets that are acceptable to the affected sponsor or elimination of the asset(s) is otherwise agreed upon by the parties. Representative shall comply and ensure that other applicable parties comply, with each Sponsorship Agreement in all respects.
Availability of Assets. Except as set forth in Schedule 4.5(c), the Real Estate together with other assets owned, leased or subleased by the Seller constitute all the material assets and properties used in, or necessary for, the operation of the Business and are in good condition (subject to normal wear and tear) and serviceable condition and are suitable for the uses for which intended.
Availability of Assets. Upon the Closing, the Purchased Assets, along with the Transition Services Agreement, will be sufficient for Buyer to continue, in all material respects, the conduct of the Business as of the Closing in substantially the same manner as conducted by the Seller Parties immediately prior to the Closing.
Availability of Assets. (a) Except as set forth in SCHEDULE 5.8 and except for the Excluded Assets, the Purchased Assets constitute all the assets used primarily in the Business (including all books, records, computers and computer programs and data processing systems) used primarily in the Business and are in good condition (subject to normal wear and tear) and serviceable condition and are suitable for the uses for which intended.
(b) SCHEDULE 5.8 sets forth a description of all material services provided by any Seller or any Affiliate thereof with respect to the Business utilizing either (i) assets not included in the Purchased Assets or (ii) employees not listed in SCHEDULE 5.18(j) (other than those employees not listed by reason of clause (i) of SECTION 5.18(j)) and the manner in which the costs of providing such services have been allocated to the Business.
Availability of Assets. The assets owned, leased or licensed by the Company constitute all the assets and properties used in, or necessary for, the operation of the business of the Company (including all books, records, computers and computer programs and data processing systems), and all such assets are in good condition (subject to normal wear and tear and obsolesce) and, except for immaterial amounts of assets or properties being repaired in the ordinary course of the Company’s business, consistent with past practice, serviceable condition, in all material respects.
Availability of Assets. Except for the Excluded Assets and the rights granted to the Buyer under the Transition Services Agreement and the other Ancillary Agreements, the Transferred Assets constitute all of the material rights, property and the assets used by the Seller and its Affiliates in the conduct of the Business as currently conducted.
Availability of Assets. The assets currently owned by the Buyer constitute all of the assets which are now being used, and which are necessary, in the conduct of the business of the Buyer. Such assets are in good operating condition and repair, reasonable wear and tear excepted.
Availability of Assets. Except as set forth on Section 2.23 of the Disclosure Schedule and the services and benefits provided under the Transition Services Agreement, immediately following the Closing, the Company will own, lease or have the rights to use all of the assets necessary for the operation of the business of the Company as currently conducted in all material respects (other than the Real Property).
