Common use of Required Assets Clause in Contracts

Required Assets. All of the rights, properties and assets utilized or required in connection with owning and operating the Business as presently conducted by Seller are (a) either owned by Seller or licensed or leased to Seller under one of the Transferred Contracts, and (b) included in the Purchased Assets.

Appears in 3 contracts

Samples: Asset and Share Purchase Agreement, Asset and Share Purchase Agreement (Federal Signal Corp /De/), Asset Purchase Agreement (Federal Signal Corp /De/)

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Required Assets. All of the rights, properties and assets utilized or required by Seller in connection with owning and operating the Business as presently conducted by Seller are (a) either owned by Seller or licensed or leased to Seller under one of the Transferred Contracts, Contracts conveyed to Purchaser under this Agreement; and (b) included in the Purchased Assets (other than the Retained Assets).

Appears in 1 contract

Samples: Asset Purchase Agreement (Hub Group Inc)

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Required Assets. All of the rights, properties and assets utilized or required by each Seller in connection with owning and operating the Business as presently conducted by Seller are (a) either owned by such Seller or licensed or leased to Seller under one of the Transferred Contracts, Contracts conveyed to Purchaser under this Agreement; and (b) included in the Purchased Assets or the Related Business Assets (other than the Retained Assets).

Appears in 1 contract

Samples: Asset Purchase Agreement (Hub Group Inc)

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