Common use of Sufficiency of Transferred Assets Clause in Contracts

Sufficiency of Transferred Assets. Subject to Section 2.03, as of the Effective Time, no HippoRx Assets will be owned or held by Hippo or any of its Subsidiaries (other than the HippoRx Entities). As of the Effective Time, assuming the consummation of the transactions contemplated by Article 2 and Article 3 and the availability of any assets and services contemplated to be made available to Newco and its Subsidiaries (including the HippoRx Entities) pursuant to the terms of the Transaction Agreements, the HippoRx Assets will be sufficient to conduct the Hippo Institutional Pharmacy Business as currently conducted.

Appears in 4 contracts

Samples: Master Transaction Agreement (Safari Holding Corp), Master Transaction Agreement (Safari Holding Corp), Master Transaction Agreement (Kindred Healthcare, Inc)

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