Acquired Companies definition
Examples of Acquired Companies in a sentence
Such tangible assets and property constitute all of the tangible assets and properties used in and necessary for, and are sufficient for, the conduct of the business of the Acquired Companies as generally conducted as of the date hereof.
Each product sold or delivered and each service rendered by the Acquired Companies has been in conformity in all material respects with contractual commitments and express and implied warranties and no Acquired Company has any material liability or obligation for replacement or repair thereof.
Schedule 4.15 sets forth (a) a true, correct and complete list of each insurance policy maintained by or on behalf of the Acquired Companies (collectively, the “Insurance Policies”), and (b) a list and description of all material claims made by the Acquired Companies that are currently pending under the Insurance Policies.
The Acquired Companies have used commercially reasonable efforts to ensure the confidentiality and security of the Company Systems and any information stored or contained therein or transmitted thereby from unauthorized or improper access.
No Acquired Company has any material liability arising out of any injury to individuals or property as a result of the ownership, possession or use of any products manufactured, sold or delivered by the Acquired Companies or with respect to any services rendered by the Acquired Companies.