Common use of Sufficiency of Assets Clause in Contracts

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the Business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (K2m Group Holdings, Inc.)

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Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used in or necessary to the conduct of the Business and are adequate to conduct the BusinessBusiness as currently being conducted by the Company and its Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mercury Computer Systems Inc)

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used in or necessary to the conduct operations of the Business business of the Company and are adequate to conduct the Businessbusiness of the Company as currently being conducted by the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eloxx Pharmaceuticals, Inc.)

Sufficiency of Assets. The Assets comprise all of the material assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to in the conduct of the Business and are adequate to conduct the Business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Wright Medical Group Inc)

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used in, or necessary to to, the conduct of the Business and are adequate to conduct the Business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Massive Interactive, Inc.)

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the Businessas now conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Creative Realities, Inc.)

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the Business in the Ordinary Course of Business.

Appears in 1 contract

Samples: Stock Purchase Agreement (PBSJ Corp /Fl/)

Sufficiency of Assets. The Assets comprise constitute all of the assets, properties and rights of every type and descriptionassets used or held for use in connection with, whether real necessary for, or personal, tangible material or intangible, otherwise relating to the Business. The Assets that are used owned by any Person other than the Company and its Subsidiaries are leased or necessary licensed to the conduct Company and its Subsidiaries under valid, current leases or license arrangements that will remain in full force and effect following consummation of the Business and are adequate to conduct the Businesstransactions contemplated hereby.

Appears in 1 contract

Samples: Stock Subscription Agreement (Red Robin Gourmet Burgers Inc)

Sufficiency of Assets. The Assets comprise assets of the Company (whether owned or leased) collectively constitute all of the assetsmaterial properties, properties rights, interests and rights of every type other tangible and descriptionintangible assets used by the Company in its business, whether real or personal, tangible or intangible, that are used or necessary to in the conduct of the Business and are adequate to conduct the Businessmanner in which such business is currently conducted.

Appears in 1 contract

Samples: Share Purchase Agreement (CaesarStone Sdot-Yam Ltd.)

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the Business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mastec Inc)

Sufficiency of Assets. The Assets comprise constitute all of the assets, properties properties, rights, privileges and rights interests of every type and descriptionwhatever kind or nature, whether real real, personal or personalmixed, tangible tangible, or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the Businessbusiness of Seller and its Affiliates with respect to the Assets as currently owned by Seller and its Affiliates.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Vital Energy, Inc.)

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the BusinessBusiness as now conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amaya Inc.)

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the Business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Allied Defense Group Inc)

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Sufficiency of Assets. The Assets comprise all of the assets, contracts, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the Business. The Contracts comprise all of the Contractual Obligations necessary or useful to the conduct of the Business and are adequate to conduct the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Starrett L S Co)

Sufficiency of Assets. The Assets comprise constitute all of the --------------------- assets, properties rights and rights of every type and description, whether real or personalproperties, tangible or intangible, that real or personal, which are used in or necessary to required for the conduct operation of the Business and are adequate to conduct the Businessas it is presently conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eoexchange Inc/Ca)

Sufficiency of Assets. The Assets comprise constitute all of the assets, properties tangible and rights of every type and description, whether real or personal, tangible or intangible, that are used or of any nature whatsoever, necessary to operate the conduct technology and products and services of the Business and are adequate to conduct in the Businessmanner presently operated by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nano-X Imaging Ltd.)

Sufficiency of Assets. The Assets comprise constitute all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are assets used or held for use in connection with, necessary for or material to the conduct of the Business and are adequate to conduct the Business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Collins & Aikman Floor Coverings Inc)

Sufficiency of Assets. The Assets comprise constitute all of the assets, properties properties, rights, privileges and rights interests of every type and descriptionwhatever kind or nature, whether real real, personal or personalmixed, tangible tangible, or intangible, that are used or necessary to the conduct of the Business and are adequate to conduct the Businessbusiness of Seller and its Affiliates with respect to the Assets as currently held and/or owned by Seller and its Affiliates.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Vital Energy, Inc.)

Sufficiency of Assets. The Assets comprise all of the material assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are used or necessary to by the Company in the conduct of the Business and are adequate to conduct business currently conducted by the BusinessCompany.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alexion Pharmaceuticals Inc)

Sufficiency of Assets. The Assets comprise all of the assets, properties and rights of every type and description, whether real or personal, tangible or intangible, that are currently being used or necessary to in the conduct of the Business and are adequate to conduct the Business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gsi Technology Inc)

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