Examples of Acquired Operations in a sentence
Subsidiary desires to retain Masimo to provide certain administrative and management services to assist Subsidiary in the management of the Acquired Operations.
Reflects interest expense at 8.0% on the additional borrowings under our amended and restated senior secured credit facility of $135 million to finance the acquisition of the Acquired Operations.
Reflects depreciation and amortization expense on the Acquired Operations based on the straight-line method of depreciation over the estimated useful lives of the acquired assets.
From and after the date of this Agreement, Seller shall work in good faith with Purchaser in assisting Purchaser to identify ways to reduce the cost to Purchaser relating to Purchaser's procurement of third party software and licenses used by Seller in connection with the operation of the Acquired Operations but not transferred or licensed hereunder because such software or license was not an Acquired Asset or because the consent of a third party is required (but has not been obtained) for such transfer.
The increase in selling, general and administrative expenses was primarily attributable to $16.0 million of additional expenses related to the Acquired Operations and increases in marketing costs, professional fees and health insurance costs, partially offset by lower acquisition-related costs.
The Sellers shall promptly notify the Buyer in writing upon becoming aware of any event, condition or circumstance occurring from the date hereof to the Closing that would, or would be reasonably likely to, cause a material change in the Acquired Operations or any Acquired Company, including, but not limited to, the loss or foreseeable loss of a major customer or supplier or a significant product recall.
Seller should use all reasonable efforts to complete the sale of the Acquired Operations within one year following the First Offer Period, provided that such one year period shall be extended for such reasonable period as may be necessary to enable Seller to complete any negotiations with a third party pending at the end of such one year period and enable Seller to complete the sale of the Acquired Operations.
To the extent any Licensed Intellectual Property used or necessary in connection with the Acquired Operations is not or cannot be transferred or licensed to Purchaser as provided in this Agreement or the Ancillary Agreements and Purchaser uses, sells, reproduces, displays, performs, distributes or otherwise exploits such Intellectual Property, Purchaser, shall indemnify and hold harmless Seller from any liability in connection with such use.
Subject to the terms and conditions set forth in this Agreement, at the Closing, Buyer will assume from Sellers and thereafter be responsible for the payment, performance or discharge of only the obligations arising from the conduct of the Acquired Operations by Buyer to the extent such obligations arise on or after the Closing Date (collectively, the “Assumed Liabilities”).
All costs and expenses incurred in connection with this Agreement shall be paid by the party incurring such cost or expense; it being understood that all such costs and expenses of the Acquired Operations shall be paid by the Seller and not the Acquired Operations.