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 in or necessary to the conduct of the Business and are adequate to conduct the Business as currently being conducted by the Company and its Subsidiaries.

Appears in 1 contract

Samples: Merger Agreement (Mercury Computer Systems Inc)

AutoNDA by SimpleDocs

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 Business business of the Company as currently being conducted by the Company and its SubsidiariesCompany.

Appears in 1 contract

Samples: Merger Agreement (Eloxx 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 used in or necessary to the conduct of the Business and are adequate to conduct the Business as currently being conducted by the Company and its Subsidiariesnow conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amaya Inc.)

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 or intangible, that are used in or necessary material to the conduct of the Business and are adequate to conduct the Business as currently being conducted by the Company and its SubsidiariesBusiness.

Appears in 1 contract

Samples: Merger Agreement (Collins & Aikman Floor Coverings 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 of the Business and are adequate to conduct the Business as currently being conducted by the Company and its SubsidiariesBusiness.

Appears in 1 contract

Samples: Stock Purchase Agreement (Allied Defense Group Inc)

Sufficiency of Assets. The Assets comprise constitute all of the assets, properties properties, licenses, rights, Permits and rights of every type and description, whether real or personal, tangible or intangible, Contracts that are being used in and that are necessary or necessary to desirable for the conduct operation of the Business and are adequate to conduct the 180 Business as currently being presently conducted by the Company and its Subsidiariesas presently proposed to be conducted.

Appears in 1 contract

Samples: Share Exchange Agreement (Capsalus Corp)

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 by the Company in or necessary to the conduct of the Business and are adequate to conduct the Business as business currently being conducted by the Company and its SubsidiariesCompany.

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Ferrellgas Partners L P)

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 in or necessary to the conduct of the Business and are adequate to conduct the Business as currently being conducted by the Company and its SubsidiariesBusiness.

Appears in 1 contract

Samples: Merger Agreement (Wright Medical Group Inc)

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 in or necessary to the conduct of the Business and are adequate to conduct the Business as currently being conducted owned by any Person other than the Company and its SubsidiariesSubsidiaries are leased or licensed to the Company and its Subsidiaries under valid, current leases or license arrangements that will remain in full force and effect following consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Subscription Agreement (Red Robin Gourmet Burgers 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 of the Business and are adequate to conduct the Business as currently being conducted by in the Company and its SubsidiariesOrdinary Course of Business.

Appears in 1 contract

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

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 in 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 as currently being conducted by and are adequate to conduct the Company and its SubsidiariesBusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (Starrett L S Co)

AutoNDA by SimpleDocs

Sufficiency of Assets. The Assets comprise constitute all of the assets, properties properties, contract rights and rights of every type and description, whether real or personal, tangible or intangible, licenses that are used in or necessary to the conduct of operate the Business in the same manner as such operations have been conducted in the past two years and are adequate presently conducted and are sufficient to conduct operate the Business as currently being conducted by a going concern in the Company and its Subsidiariessame manner after the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Phibro Animal Health Corp)

Sufficiency of Assets. The Assets comprise constitute all of the assets, rights and properties and rights of every type and description, whether real used by Sellers in their businesses or personal, tangible or intangible, that are used in or necessary to for the conduct of their businesses in the Business manner and are to the extent currently conducted by them. The Assets will be adequate to enable Buyer to continue to conduct the Business as businesses of the Sellers on the Closing Date in the manner currently being conducted by the Company and its Subsidiariesconducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tandycrafts 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 in or necessary to the conduct of the Business and are adequate to conduct the Business as currently being conducted by the Company and its SubsidiariesBusiness.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gsi Technology 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 of the Business and are adequate to conduct the Business as currently being conducted by the Company and its Subsidiariesnow conducted.

Appears in 1 contract

Samples: Merger Agreement (Creative Realities, Inc.)

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 Business as currently being conducted by the Company and its Subsidiariesit is presently conducted.

Appears in 1 contract

Samples: Merger Agreement (Eoexchange Inc/Ca)

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 as it is presently conducted and are adequate as it is proposed to conduct the Business as currently being conducted by the Company and its Subsidiariesbe conducted.

Appears in 1 contract

Samples: Merger Agreement (National Semiconductor Corp)

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 Business as currently being conducted by the Company and its SubsidiariesBusiness.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mastec Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!