Examples of Acquired Company Contracts in a sentence
A loan is considered to be short-term if its residual term to maturity is of 12 months or less.
Each of such insurance policies is in full force and effect, all premiums due and payable thereon have been paid, and the Company has reasonably determined that the dollar amounts and scope of coverage of such insurance policies (a) are adequate for the business engaged in by the Acquired Companies, and (b) comply with the applicable requirements of all Acquired Company Contracts and Legal Requirements.
Each Acquired Company has full power and authority: (i) to conduct its business in the manner in which its business is currently being conducted; (ii) to own and use its assets in the manner in which its assets are currently owned and used; and (iii) to perform its obligations under all Acquired Company Contracts.
All consents, waivers, approvals, licenses and assignments required by or with regard to all Acquired Company Contracts and the SPR Company Customer Contracts in connection with the Acquired Company’s performance under this Agreement and the Collateral Agreements and the consummation of the transactions contemplated hereby or thereby.
There are no Acquired Company Contracts relating to any securities of the Company that contain any information rights, registration rights, financial statement requirements or other terms that would survive the Closing unless terminated or amended prior to the Closing.
Each of the Acquired Companies owns, and has good and valid title to, all assets purported to be owned by it, including: (i) all assets reflected on the Interim Balance Sheets; (ii) all Intellectual Property assets and all of the rights of the Acquired Companies under the Acquired Company Contracts; and (iii) all other assets reflected in the books and records of the Acquired Companies as being owned by such Acquired Company.
Each of such insurance policies is in full force and effect, all premiums due and payable thereon have been paid, and the Company has reasonably determined that the dollar amounts and scope of coverage of such insurance policies (i) are adequate for the business engaged in by the Acquired Companies and (ii) comply with the applicable requirements of all Acquired Company Contracts and Legal Requirements.
Performance by the Acquired Companies and the other SPR Companies of their respective obligations under the Acquired Company Contracts and the SPR Company Customer Contracts and the SPR Company Customer Contracts will not result in any violation of or failure to comply with any Legal Requirement.
Except as set forth under Section 3.11 of the Disclosure Letter, there are no obligations due or owing by either of the Acquired Companies under such Acquired Company Contracts.
Subject to Section 1.03, All rights and benefits of the Company in each written and oral agreement, contract, commitment and option that (A) is described on Schedule 1.01(a)(iii) hereto or (B) has been entered into by the Company prior to the date hereof in the ordinary course of business consistent with past practice and is not required to be described on Schedule 1.01(a)(iii) by an exclusion contained in Section 7.20 (collectively, the "Acquired Company Contracts").