Examples of Acquiror Assets in a sentence
Acquiror shall use its reasonable best efforts to continue to maintain and service the Acquiror Assets consistent with past practice.
Acquiror shall not directly or indirectly, sell or encumber all or any part of the Acquiror Assets, other than sales in the ordinary course of business or initiate or participate in any discussions or negotiations or enter into any agreement to do any of the foregoing.
Comment ByLogan DanielsComment TypeDOL Review for InformationDate3/22/2022 CommentPURPOSE: This application is to request FFY2021 Section 5310 and Section 5311 (ARP) funds apportioned to the State of Kansas in the amount of $3,070,191.00.To provide additional funding to the sub-recipients and their projects listed below to aid their systems during the challenges they are facing during the COVID pandemic.
Acquiror owns all Acquiror Assets necessary or currently used in the operation of Acquiror’s Business.
Except as set forth in Schedule 5.8, there is no action, suit, investigation, claim, arbitration or litigation pending or, to the knowledge of Acquiror, threatened against or involving Acquiror, the Acquiror Assets or the business and operations of Acquiror, at law or in equity, or before or by any court, arbitrator or Government Entity that would be reasonably likely to have an Acquiror Material Adverse Effect.
Acquiror has the requisite power and authority to own, lease and operate the Acquiror Assets, to carry on its business as now being conducted and to perform the terms of this Agreement and the transactions contemplated hereby.
There are no material liens for Taxes upon any of the Acquiror Assets.
Acquiror owns all Acquiror Assets necessary or currently used in the operation of Acquiror's Business.
Acquiror is duly qualified to conduct its business, and is in good standing, in each jurisdiction where the ownership or leasing of the Acquiror Assets or the nature of its activities in connection with the conduct of its business makes such qualification necessary.
At the Closing the Acquiror Assets will be free and clear of all mortgages, liens, claims, charges, pledges, security interests or encumbrances of any nature whatsoever.