Common use of Necessary Property Clause in Contracts

Necessary Property. The Purchased Assets and the Assumed Contracts constitute all property (of any type, whether tangible or intangible) and rights used by the Seller in the conduct of the Business in all material respects as currently conducted, other than inventory and other tangible assets disposed of and replaced in the ordinary course of business.

Necessary Property. The Purchased Assets and the Assumed Contracts Excluded Assets constitute all of the property (of any type, whether tangible or intangible) and rights used by the Seller in necessary for the conduct of the Business in all material respects as currently conducted, other than inventory operations and other tangible assets disposed business of and replaced Seller in the ordinary course of businessmanner and to the extent conducted during all periods reflected in the Seller Financial Statements.

Necessary Property. The Purchased Assets and the Assumed Contracts Assets, owned or leased by or ------------------ licensed to Seller, constitute all of the property (of any type, whether tangible or intangible) and rights used by the Seller in necessary for the conduct of the Business in all material respects as currently conducted, other than inventory the manner and other tangible assets disposed of to the extent presently conducted by Seller and replaced to be conducted by Buyer in the ordinary course of businessfuture.

Necessary Property. The Purchased Assets and the Assumed Contracts Liabilities constitute all of Seller’s material property (of any typeand property rights now used, whether tangible useful or intangible) and rights used by the Seller in necessary for the conduct of the Inspector Business in all material respects as currently conducted, other than inventory the manner and other tangible assets disposed of and replaced in to the ordinary course of businessextent presently conducted by Seller.