Common use of Business Authorizations Clause in Contracts

Business Authorizations. (a) Seller has all material Authorizations required under applicable Law with respect to the operation or ownership of the Purchased Assets as currently operated or owned by Seller (the “Business Authorizations”). Seller owns or possesses such Business Authorizations free and clear of all Liens other than Permitted Liens. Such Business Authorizations are valid and in full force and effect. All Business Authorizations are listed in the Seller Disclosure Schedule.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Integrated Device Technology Inc), Asset Purchase Agreement (ALPHA & OMEGA SEMICONDUCTOR LTD), Asset Purchase Agreement (ALPHA & OMEGA SEMICONDUCTOR LTD)

AutoNDA by SimpleDocs

Business Authorizations. (a) Seller has all material Authorizations required under applicable Law with respect to owns, holds or lawfully uses in the operation or ownership of the Purchased Assets Business all Authorizations which are necessary for it to conduct the Business as currently operated conducted or for the ownership and use of the assets owned or used by Seller in the conduct of the Business (the “Business Authorizations”). Seller owns or possesses such Business Authorizations ) free and clear of all Liens (other than Permitted Liens). Such Business Authorizations are valid and in full force and effect. All Business Authorizations are listed in the Seller Disclosure Schedule.

Appears in 2 contracts

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

Business Authorizations. (a) Seller has all material Authorizations required under applicable Law with respect to owns, holds or lawfully uses in the operation or of Seller’s Business all Authorizations which are necessary for it to conduct Seller’s Business as formerly conducted for the ownership and use of the Purchased Assets as currently operated assets owned or owned used by Seller in the conduct of Seller’s Business (the “"Business Authorizations”). Seller owns or possesses such Business Authorizations ") free and clear of all Liens other than Permitted Liens. Such Business Authorizations Authorizations, if any, are valid and in full force and effect. All Business Authorizations are listed in the Seller Disclosure Schedule.

Appears in 1 contract

Samples: Asset Purchase Agreement (Livedeal Inc)

AutoNDA by SimpleDocs

Business Authorizations. (a) Seller has all material Authorizations required under applicable Law with respect to owns, holds or lawfully uses in the operation or ownership of the Purchased Assets Business all Authorizations which are necessary for it to conduct the Business as currently operated conducted or for the ownership and use of the assets owned or used by Seller (in the conduct of the Business Authorizations”). Seller owns or possesses such Business Authorizations free and clear of all Liens other than Permitted Liens. Such Business Authorizations , which authorizations are valid and in full force and effect. All Business Authorizations are effect and listed in Section 3.8(a) of the Seller Disclosure Schedule.

Appears in 1 contract

Samples: Asset Purchase Agreement (Misonix Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.