Common use of Sufficiency of Acquired Assets Clause in Contracts

Sufficiency of Acquired Assets. Except for the Excluded Assets, the Acquired Assets comprise all of the assets, properties and rights of every type and description (other than real property) (i) used or developed by Seller required for or used in the Business or (ii) necessary to the operation of the Business by Buyer following the Closing.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Sirenza Microdevices Inc), Asset Purchase Agreement (Sirenza Microdevices Inc), Asset Purchase Agreement (Vari L Co Inc)

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Sufficiency of Acquired Assets. Except The Acquired Assets constitute all of the material assets used by the Seller in the conduct of the Business, except for the Excluded Assets, . The tangible Personal Property included in the Acquired Assets comprise all of the assets, properties and rights of every type and description (other than real property) (i) used or developed by Seller required for or that are used in the Business or (ii) necessary to the operation conduct of the Business by Buyer following the Closingare in good condition and repair, ordinary wear and tear excepted, for property of comparable type, age and usage.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Perficient Inc), Asset Purchase Agreement (Perficient Inc), Asset Purchase Agreement (Perficient Inc)

Sufficiency of Acquired Assets. Except The Acquired Assets constitute all of the material assets used by Seller in the conduct of the Business, except for the Excluded Assets, . The Business is conducted through the Seller only and not through any of its subsidiaries. The tangible Personal Property included in the Acquired Assets comprise all of the assets, properties and rights of every type and description (other than real property) (i) used or developed by Seller required for or that are used in the Business or (ii) necessary to the operation conduct of the Business by Buyer following the Closingare in good condition and repair, ordinary wear and tear excepted, for property of comparable type, age and usage.

Appears in 1 contract

Samples: Asset Purchase Agreement (Perficient Inc)

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Sufficiency of Acquired Assets. Except for the Excluded Assets, the The Acquired Assets comprise all of the assets, properties and rights of every type and description (other than description, whether real property) (i) used or developed by Seller required for personal, tangible or intangible, used in or necessary for the Business or (ii) necessary to the operation conduct of the Business by Buyer following Business. The Acquired Assets are adequate to conduct the ClosingBusiness. The Excluded Assets do not include any asset, property or right, of any type or description, whether real or personal, tangible or intangible, that is used in or necessary for the conduct of the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Stemcells Inc)

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