ACZ Business definition
Examples of ACZ Business in a sentence
ACZ has complied with all Legal Requirements applicable to the ACZ Business.
Section 3.13 of the ACZ Disclosure Schedule sets forth a complete and accurate list of all licenses, permits, approvals, consents, certificates, registrations and authorizations, whether governmental, regulatory or otherwise, and all applications therefor (the “Licenses”) held by or granted to ACZ, and there are no other licenses, permits, approvals, consents, certificates, registrations or authorizations necessary to carry on the ACZ Business or to own or lease any of the ACZ Assets.
ACZ has full legal power and authority to carry on the ACZ Business as it is now being conducted and as now proposed to be conducted and to own or lease its properties and assets.
No person or entity, other than the Company, has any written or oral agreement or option or any right or privilege (whether by law, pre-emptive or contractual) capable of becoming an agreement or option for the purchase or acquisition from the ACZ Shareholders of the ACZ Purchased Shares or any assets from ACZ necessary to carry on the ACZ Business other than pursuant to normal purchase orders for inventory accepted by the ACZ in the ordinary course of the ACZ Business.
None of the (execution, delivery and performance of this Agreement, (the delivery, by ACZ, to Buyer of any information relating to the ACZ Business customers and users of its databases will independently cause, constitutes or result in a breach or violation or any Privacy Laws or Privacy Commitments or any ACZ Data Agreements or standard terms of service entered into by customers of the Business.
No Related Party owns any properties or assets (whether real, personal, or mixed and whether tangible or intangible) which are used in the ACZ Business.
ACZ has at all times, as it relates to the ACZ Business: (i) provided adequate notice and obtained any necessary consents from end users required for the Processing of Personal Data as conducted by or for ACZ and (ii) abided by any privacy choices (including opt-out preferences) of end users relating to Personal Data (such obligations along with those contained in Privacy Policies, collectively, “Privacy Commitments”).
There are no actions, suits or proceedings (whether or not purportedly on behalf of ACZ) pending or, to the Knowledge of the ACZ Parties, threatened against or affecting, the ACZ Assets or ACZ Business, at law or in equity or before or by any Governmental Authority.
ACZ owns all of the assets necessary to carry on the ACZ Business.
To the Knowledge of the ACZ Parties, there are no liabilities of ACZ whether or not accrued and whether or not determined or determinable other than as disclosed in the Financial Statements or incurred in the ordinary course of the ACZ Business.