Examples of Acquired Business Assets in a sentence
The Acquired Business Assets and the Excluded Assets constitute the only assets used in the Compass Business.
From and after the Closing Date, any loss of or damage to the Acquired Business Assets from fire, casualty, or any other occurrence shall be the total responsibility of Purchaser.
The aggregate purchase price for the Acquired Business, Assets and the Assumed Liabilities is two million, two hundred thousand US dollars ($2,200,000) in cash and three million (3,000,000) shares of Buyer’s common stock (the “Purchase Price”).
Other than the Acquired Business Assets and the Excluded Assets, none of TS, CTS and Telecom have any other assets.
The Acquired Business Assets constitute the contracts, intellectual property, technology and hardware used by Sellers to operate the Gauntlet Business and the Acquired Business Assets are sufficient to operate and carry on the Gauntlet Business as being conducted as of the date hereof and as of the Closing Date.
Sellers shall promptly pay to Purchaser amounts received after the Closing Date in consideration of any accounts receivable, which are included under this Agreement as Acquired Business Assets.
Each Seller agrees to provide to Purchaser and its accountants, counsel and other representatives copies of all information reasonably requested by Purchaser, including existing internal financial statements, business plans and projections, related primarily to the Acquired Business Assets upon request.
To the Sellers' knowledge, Sellers have complied with and are not in material violation of, and have not received any notices of violation with respect to, any material foreign, federal, state or local statute, law or regulation with respect to the conduct of the Gauntlet Business or the ownership or operation of the Acquired Business Assets.
The aggregate purchase price for the Acquired Business, Assets and the Assumed Liabilities shall be Buyer’s assumption of one hundred percent (100%) of the SIGO Notes.
Except as set forth in Section 1.2(b) or Section 3.6 of the Seller Disclosure Schedule, the Acquired Business Assets include all the assets set forth on the July Balance Sheet (other than assets disposed of in the ordinary course of business since the date of the July Balance Sheet).