Common use of Sufficiency of the Purchased Assets Clause in Contracts

Sufficiency of the Purchased Assets. The Purchased Assets constitute all of 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 at Seller's historic capacity.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Inspire Insurance Solutions Inc), Asset Purchase Agreement (Inspire Insurance Solutions Inc)

AutoNDA by SimpleDocs

Sufficiency of the Purchased Assets. The Purchased Assets are ----------------------------------- sufficient to carry on the Business in substantially the manner it has heretofore been carried on by Seller Group. The Purchased Assets constitute all of the assetsundertaking, properties, licenses property and other arrangements which are presently being assets used in connection with or are reasonably related otherwise relating to the BusinessBusiness (other than the Excluded Assets), whether real or personal, tangible or intangible, of every kind and are sufficient to operate the Business in description and wheresoever situate, as a manner consistent with past practice and at Seller's historic capacitygoing concern.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pierce Leahy Corp)

AutoNDA by SimpleDocs

Sufficiency of the Purchased Assets. The Purchased Assets constitute all of the assets, properties, licenses tangible and other arrangements which are presently being intangible property and assets used or are reasonably related to held for use in the Business, Business and are sufficient adequate to operate conduct the Business in a manner consistent with past practice as currently conducted and at Seller's historic capacityas planned to be conducted by Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (UCP, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.