Sufficiency of Purchased Assets. The Purchased Assets constitute all the property and assets, real, personal, and mixed, tangible and intangible (including, without limitation, contract rights), that are used or are useful in, or are necessary for the conduct of, the Business in accordance with present practices, and the Purchased Assets are sufficient for Buyer to continue to operate the Business in the ordinary course of business after the Closing.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Purchase and Sale Agreement (Family Home Health Services, Inc.)
Sufficiency of Purchased Assets. The Purchased Assets constitute all the property and assets, real, personal, and mixed, tangible and intangible (including, without limitation, contract rights), that are used or are useful in, or are necessary for the conduct of, the Business in accordance with the Sellers' present practices, and the Purchased Assets are sufficient for Buyer to continue to operate the Business in the ordinary course of business after the Closing.
Appears in 2 contracts
Samples: Asset Purchase Agreement (T-3 Energy Services Inc), Asset Purchase Agreement (Industrial Holdings Inc)
