LONG ISLAND ASSETS Sample Clauses

LONG ISLAND ASSETS. For purposes of this Agreement, the "LONG ISLAND ASSETS" shall mean, except as set forth in the following sentence, all of the tangible and intangible assets, real, personal or mixed, that are owned by Long Island or in which it has an ownership interest and that are utilized or are held for use in connection with or are necessary to the business of Long Island, including, without limitation, all lithotripters and other property, plant, and equipment, real property leasehold rights, contract rights (including, without limitation, rights under leases of lithotripters and management agreements with the Lithotripsy Practice and non-competition agreements), telephone numbers, books and records, inventory and supplies, trade names, trademarks, cash, cash equivalents, bank accounts and accounts receivable, and, to the extent permitted by law, all licenses, permits, and authorizations. Notwithstanding the foregoing, the Long Island Assets shall not include assets disposed of from the date hereof until Closing in the ordinary course of business consistent with past practice and otherwise in conformity with the obligations of Long Island under this Agreement, Long Island's Certificate of Formation and Operating Agreement, its qualification to do business in any jurisdiction, taxpayer identification number, minute books, membership interest transfer records and other documents related specifically to such Long Island's limited liability company organization and maintenance, and its membership interest in Downstate (collectively, the "LONG ISLAND EXCLUDED ASSETS").
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Related to LONG ISLAND ASSETS

  • mean Prudential Securities Incorporated The aggregate number of Units referred to in Sections 2.03 and 9.01 of the Basic Agreement is as of the date hereof.

  • Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Tropical Hardwood and Virgin Redwood Ban Pursuant to San Francisco Environment Code Section 804(b), the City urges Contractor not to import, purchase, obtain, or use for any purpose, any tropical hardwood, tropical hardwood wood product, virgin redwood or virgin redwood wood product.

  • Organization Documents; Good Standing Each of the following documents: (i) the articles or certificate of incorporation and the bylaws of the Company as in effect on the Closing Date, certified by the Secretary or Assistant Secretary of the Company as of the Closing Date; and (ii) a good standing certificate for the Company from the Secretary of State (or similar, applicable Governmental Authority) of its state of incorporation;

  • Portfolio Securities Portfolio securities of the Issuer may be bought or sold by or through Distributors, and Distributors may participate directly or indirectly in brokerage commissions or "spreads" for transactions in portfolio securities of the Issuer.

  • Real Property Holding Company The Company is not a real property holding company within the meaning of Section 897 of the Code.

  • Limited Liability Company The Member intends to form a limited liability company and does not intend to form a partnership under the laws of the State of Delaware or any other laws.

  • Organization; Good Standing The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.

  • Prudential Securities Incorporated (Prudential Securities), a registered broker-dealer, (ii) The Prudential Insurance Company of America (Prudential), (iii) Pruco Securities Corporation, a registered broker-dealer, (iv) any Prudential Securities or Prudential subsidiary or affiliate duly registered as a broker-dealer and/or a transfer agent pursuant to the 1934 Act or (vi) any other Prudential Securities or Prudential affiliate or subsidiary; provided, however, that PMFS shall be as fully responsible to the Fund for the acts and omissions of any agent or subcontractor as it is for its own acts and omissions.

  • Ownership of Merger Sub; No Prior Activities (a) Merger Sub was formed solely for the purpose of engaging in the transactions contemplated by this Agreement. (b) Except for obligations or liabilities incurred in connection with its incorporation or organization and the transactions contemplated by this Agreement, Merger Sub has not and will not prior to the Closing Date have incurred, directly or indirectly, through any Subsidiary or affiliate, any obligations or liabilities or engaged in any business activities of any type or kind whatsoever or entered into any agreements or arrangements with any Person.

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