Necessary Property. The Company is the only operation through which the business of the Company is conducted, and no similar business is conducted by any Affiliate of the Company or of any Seller. The assets and properties currently owned, leased or licensed by the Company, constitute all of the assets and properties used in or necessary to conduct the business of the Company as it is currently conducted and proposed to be conducted.
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Samples: Stock Purchase Agreement (National Investment Managers Inc.), Stock Purchase Agreement (National Investment Managers Inc.)
Necessary Property. The Except as set forth on Schedule 5.5, (a) the Company is the only operation through which the business of the Company is conducted, and no similar business is conducted by any Affiliate of the Company or of any the Seller. The , and (b) the assets and properties currently owned, leased or licensed by the Company, constitute all of the assets and properties used in or necessary to conduct the business of the Company as it is currently conducted and proposed to be conductedconducted by the Company.
Appears in 1 contract
Necessary Property. The Company is the only operation operations through which the business of the Company Company’s Business is conducted, and no similar business is conducted by any Affiliate of the Company or of any Seller. The assets and properties properties, tangible and intangible, currently owned, leased or licensed by the Company, Company constitute all of the assets and properties used in or necessary to for the continued conduct the business of the Company Company’s Business after the Closing in the same manner as it is currently conducted and proposed prior to be conductedthe Closing.
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Samples: Membership Interests Purchase Agreement (Safe & Green Development Corp)
