Company Assets Clause Samples

Company Assets. Executive hereby represents and warrants that he has no claim or right, title or interest in any property designated on any Newfield Party’s books as property or assets of any of the Newfield Parties. Promptly after the effective date of his resignation, Executive shall deliver to Newfield any such property in his possession or control, including, if applicable and without limitation, his personal computer, cellular telephone, keys and credit cards furnished by any Newfield Party for his use.

Company Assets. All assets of the Company shall be owned by the Company as an entity.

Company Assets. The term "Company Assets" shall mean, with respect to the Company, all of the Properties, Company Contracts, and Permits, that were Used by the Company as of the Balance Sheet Date and those Used by the Company at any time after that date until the Closing Date.

Company Assets. Executive acknowledges that no trustee, officer, director or shareholder of Company or any Affiliate is liable to Executive in respect of the payments or other matters set forth herein.

Company Assets. (a) For purposes of this Agreement, “Company Assets” shall mean (without duplication and in each case other than the Excluded Assets):

Company Assets. Section 3.15..........................................22

Company Assets. The parties agree and acknowledge that all funds and invested assets of the Company are the exclusive property of the Company, held for the benefit of the Company and are subject to the control of the Company.

Company Assets. The term “

Company Assets. Schedule 3.05 sets forth a complete list, as of the Effective Time and as of the Closing Date, of the following assets, properties, rights and interests used by the Company in connection with the operation of the Business (all of which assets, rights and interests are hereinafter collectively referred to as the "Company Assets"): (a) all tangible business and personal property with a fair market value in excess of $10,000.00, including, without limitation, equipment, vehicles, furniture, furnishings, machinery, computers and other tangible personal property of every description and kind, all of which are listed on Schedule 3.05(a) (collectively, the "Equipment"); (b) all cash on hand and in bank accounts, notes, accounts receivable and other short and long-term receivables of the Business, all of which are listed on Schedule 3.05(b) (the "Accounts Receivable"); (c) all supplies, goods, and inventory used, useable or useful in respect of the Business with a fair market value in excess of $10,000.00, all of which are described on Schedule 3.05(c) (the "Inventory"); (d) all deposits, prepaid taxes and expenses, escrows and other advance payments relating to any expenses of the Business, all of which are listed on Schedule 3.05(d) (the "Prepaid Expenses"); (e) all computer software programs and licenses for the use thereof, all of which are listed on Schedule 3.05(e) (the "Computer Software"); (f) all personal property leases under which Company is the lessee of personal property, all of which are listed on Schedule 3.05(f) (collectively, the "Personal Property Leases"). The Company Assets subject to the Personal Property Leases are referred to in this Agreement as the "Leased Personal Property"; (g) all owned real property, all of which is described on Schedule 3.05(g)(i) (collectively, "Real Property") and all real property leases under which Company is the lessee of real property, all of which are listed on Schedule 3.05(g)(ii) (collectively, the "Real Property Leases"). The Company Assets subject to the Real Property Leases are referred to in this Agreement as the "Leased Real Property"; (h) a schedule of the work in progress (the "WIP") pursuant to all customer agreements and contracts, government contracts, sales commitments, purchase orders, and customer commitments entered into in the ordinary course of the Business, which is attached hereto as Schedule 3.05(h)(i), and a list of all contractors and subcontractors having worked for or provided services ...