Sufficiency of the Assets. (a) The assets conveyed to the Recipient Parties by the Contributing Parties as of the Closing Date constitute all of the assets (other than the Excluded Assets) related to the ownership, use and operation of the System Assets and are sufficient to permit the Recipient Parties to own and operate the System Assets in the manner the business represented thereby was conducted by the Contributing Parties on the date of this Agreement and immediately prior to the Closing Date.
Sufficiency of the Assets. As of the Closing Date, the properties and assets owned or leased by Company will constitute all the properties and assets currently used, and since the date of the Interim Financial Statements have been used, by Company in its Business, except for dispositions made in the Ordinary Course of Business, and are sufficient for the operation of its Business on a basis consistent with past practices.
Sufficiency of the Assets. The assets owned or leased by the Companies, together with the Purchased Assets as of the Closing and the services and other rights to be provided to Purchaser pursuant to the Transition Services Agreement, constitute all of the property and assets necessary to conduct the Business in all material respects as currently conducted.
Sufficiency of the Assets. To SELLER’s Knowledge and except as set forth on Schedule 5.9, the MPOG System constitutes all the assets and properties customarily used by MPOG during the three year period prior to the Effective Closing Date to conduct the business of MPOG and to generate its revenues and earnings. To SELLER’s Knowledge, the MPOG System has been owned, constructed, maintained and operated in a good and workmanlike manner and has been in continuous operation during COG’s ownership of the Non-Operated Interest, except for temporary cessations for the performance of maintenance, repair, replacement, modification, improvement or expansion. To SELLER’s Knowledge, the MPOG System been maintained in a state of repair so as to be reasonably adequate, in all material respects, for normal operations consistent with past practices.
Sufficiency of the Assets. Except for the Excluded Assets, the Assets being transferred to Buyer by Seller at Closing include all properties, assets and rights used by or held for use by the Seller in the Assets.
Sufficiency of the Assets. (a) The DBJV Assets constitute all of the assets related to the ownership, use and operation of the DBJV Gas Gathering System and are sufficient to permit DBJV to own and operate the DBJV Gas Gathering System in the manner it was owned and operated on the date of this Agreement and immediately prior to the Closing Date.
Sufficiency of the Assets. The Assets constitute all of the property and assets that comprise and are necessary for the ownership and operation of the Liquids Gathering System immediately prior to the Effective Date, assuming the existence of (i) the equipment and fixtures attached or connected to the Liquids Gathering System upstream of the inlet flange to each LGS Pipeline Riser and downstream of each LGS Terminus Point and (ii) the material or product that flows into or flows out of the Liquids Gathering System.
Sufficiency of the Assets. Except for the Transferred Assets, the assets reflected on the Books and Records of the Company (the "ASSETS") constitute all the assets, properties, licenses and other arrangements which are presently being used or are reasonably related to the Business, and are sufficient to operate the Business in a manner consistent with past practice and historic capacity.
Sufficiency of the Assets. The Assets constitute all of the property, assets, and rights that are necessary for the operation of the Liquids Transportation System in the same manner as operated prior to the Closing.
Sufficiency of the Assets. (a) Except as would not, individually or in the aggregate, reasonably be expected to be material to the Business, taken as a whole, Seller and each of its Subsidiaries has, as applicable, (i) good, valid and marketable title to all of the Purchased Assets that are owned and (ii) a valid and enforceable leaseholder interest in all of the Purchased Assets that are leased, in each case, free and clear of all Liens (other than Permitted Liens).
