Continuity of Business Enterprise. It is the present intention of Purchaser to directly, or indirectly through its Subsidiaries, continue at least one significant historic business line of each Seller, or use at least a significant portion of each Seller’s historic business assets in a business, in each case, within the meaning of Treas. Reg. § 1.368-1(d).
Appears in 6 contracts
Samples: Master Sale and Purchase Agreement, Master Sale and Purchase Agreement (General Motors Corp), Master Sale and Purchase Agreement (General Motors Corp)
Continuity of Business Enterprise. It is the present intention of Purchaser to directly, or indirectly through its Subsidiariessubsidiaries, continue at least one significant historic business line of each Sellerthe Company, or use at least a significant portion of each Seller’s historic business assets in a business, in each case, within the meaning of Treas. Reg. § Treasury Regulations section 1.368-1(d).
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (GMX Resources Inc)
Continuity of Business Enterprise. It is the present intention of Purchaser Buyer to directly, or indirectly through its Subsidiaries, continue at least one significant historic business line of each Seller, or to use at least a significant portion of each Seller’s 's historic business assets in a business, in each case, case within the meaning of Treas. Reg. § Section 1.368-1(d).
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Continuity of Business Enterprise. It is the present intention of Purchaser Buyer to directly, or indirectly through its Subsidiaries, continue at least one significant historic business line of each Seller, or to use at least a significant portion of each Seller’s 's historic business assets in a business, in each case, case within the meaning of Treas. Reg. § 1.368ss.1.368-1(d).
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