Possession of Assets. The Manager shall not at any time be the custodian of, and shall have no access to, either funds or securities of the Company. The Manager will not have the authority to place orders for the execution of transactions involving the assets of the Company through any brokers, dealers, or banks. The Manager shall have no authority to commit the Company to any contract, liability, or other obligation.
Possession of Assets. The assets used in the Business are assets of the Transferor as of the Effective Date and are in Transferor’s possession as of the Effective Date, and that Transferor has all requisite title or license to convey the Purchased Assets to Acquiror as contemplated by the Agreement.
Possession of Assets. Simultaneously with the consummation of the transfer herein, Seller, through its agents and employees, will put Buyer into full possession and enjoyment of all properties and assets to be conveyed and transferred by this Agreement.
Possession of Assets. Possession of the Purchased Assets and the Real Property Leases, the Personal Property Leases and all other Assigned Contracts listed in any Schedule;
Possession of Assets. To take and retain actual possession and control of any such Assets as receivers without bond or otherwise, and transport any of them to any location as determined by such attorney-in-fact;
Possession of Assets. Sellers and the Shareholder shall have delivered to Purchasers all Customer Lists, Supplier Lists, Intellectual Property and other items contemplated hereby so as to put Purchasers into full possession of all of the Purchased Assets, free and clear of any and all Encumbrances.
Possession of Assets. The Company represents and warrants that, to its knowledge, its title to its assets has never been disputed or questioned; nor does the Company know of any facts by reason of which the possession or title of its assets might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to the Company.
Possession of Assets. The Advisor shall not at any time be the custodian of, and shall have no access to, either funds or securities of the Company, except to the extent necessary for it to complete its duties pursuant to the Second Amended Administration Agreement and this Agreement. The Advisor will not have the authority to place orders for the execution of transactions involving the assets of the Company, other than the securities held by the Company, through any brokers, dealers, or banks. The Advisor shall have no authority to commit the Company to any contract, liability, or other obligation.
Possession of Assets. Possession of the assets and properties of the Companies held by the Stockholders.
Possession of Assets. All such assets are, where capable of possession, in the possession of or under the control of the Company and the Company is entitled to take possession or control of such assets.
