Common use of Operating Businesses Clause in Contracts

Operating Businesses. The Business is carried on exclusively by the Corporation. All assets used in or necessary to carry on the Business are owned by the Corporation, or leased or licensed by the Corporation from Persons acting at arm's length from the Icarian Stockholders and the Corporation.

Appears in 1 contract

Samples: Merger Agreement (Workstream Inc)

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Operating Businesses. The Business is carried on exclusively by the Corporation. All assets used in or necessary to carry on the Business are owned by the Corporation, or leased or licensed by the Corporation from Persons acting at arm's length from the Icarian Corporation Stockholders and the Corporation.

Appears in 1 contract

Samples: Merger Agreement (Workstream Inc)

Operating Businesses. The Business is carried on exclusively by the CorporationCorporations. All assets used in or necessary to carry on the Business are owned by the CorporationCorporations, or leased or licensed by the Corporation Corporations from Persons acting at arm's length from the Icarian Stockholders Vendors and the CorporationCorporations.

Appears in 1 contract

Samples: Share Purchase Agreement (E Cruiter Com Inc)

Operating Businesses. The Business is carried on exclusively by the Corporation. All assets used in or necessary to carry on the Business are owned by the Corporation, or leased or licensed by the Corporation from Persons acting at arm's length from the Icarian RezLogic Stockholders and the Corporation.

Appears in 1 contract

Samples: Merger Agreement (E Cruiter Com Inc)

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Operating Businesses. The Business is carried on exclusively by the Corporation. All assets used in or necessary to carry on the Business are owned by the Corporation, or leased or licensed by the Corporation from Persons acting at arm's length from the Icarian Stockholders and the Corporation.

Appears in 1 contract

Samples: Merger Agreement (Workstream Inc)

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