Common use of Predecessor Businesses; Former Facilities Clause in Contracts

Predecessor Businesses; Former Facilities. Neither the Company nor any Transferred Subsidiary has ever conducted any business other than the Business and the component recovery business. Except as disclosed on Schedule 2.23 hereto, other than the Real Property, neither the Company nor any Transferred Subsidiary has ever owned, leased or occupied any real property.

Appears in 4 contracts

Samples: Recapitalization Agreement (Micron Electronics Inc), Recapitalization Agreement (McMS Inc), Recapitalization Agreement (McMS Inc)

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