Examples of Asset Selling Affiliates in a sentence
Except as disclosed in Schedule 10.12, none of the Asset Selling Affiliates to the extent relating to the Business, Sold Entities or the JV Majority Participations is subject to any judgment, order, decree or settlement that imposes any material restriction on the conduct of its business.
Purchaser undertakes to, with effect from the Closing Date, assume (übernehmen) and discharge (befreien), without any limitation as set forth in this Agreement, Seller and the Asset Selling Affiliates from, and perform and fulfil (erfüllen), any of the Assumed Liabilities and shall hold harmless and indemnify Seller and the Asset Selling Affiliates from any Losses resulting from Assumed Liabilities.
Buyer acknowledges that Seller and the Asset Selling Affiliates have not taken, and do not intend to take, any action required to comply with any applicable bulk sale or bulk transfer Laws or similar Laws of any jurisdiction.
Buyer hereby waives compliance by Seller and the Asset Selling Affiliates with the provisions of any bulk sale or bulk transfer Laws or similar Laws of any jurisdiction in connection with the Transactions; provided that the foregoing acknowledgement and waiver shall not be deemed to limit, waive, or otherwise modify the representations and warranties of Seller as set forth in Article III of this Agreement.
Except as disclosed in Schedule 10.11(a) the Sold Entities, the JV Majority Participations and, to the extent relating to the Business, the Asset Selling Affiliates (i) have not received a written notice from any Governmental Authority or to Seller’s Knowledge, any other Person during the twelve (12) months preceding the Signing Date that they are in default under or in violation of applicable Laws and (ii) are and have been in compliance in all material respects with all applicable Laws.
The information disclosed by or on behalf of the Alphasem Group Companies or the Asset Selling Affiliates to Kulicke in the Disclosed Documents does not omit to state any facts which, if disclosed to Kulicke, would change in any material respect the contents or scope of the information disclosed in the Disclosed Documents by the Alphasem Group Companies or the Asset Selling Affiliates.
Seller will, or will cause the relevant Asset Selling Affiliates to, execute and deliver to Buyer at the Principal Closing a counterpart to the Assumption Agreement and at each Non-Principal Country Unit Closing counterparts to the Additional Assumptions.
Further the parties have agreed to be bound by the terms of the Commission Decision of 27th December 2001 on standard contractual clauses for the transfer of personal data to processors established in third countries, under Directive 95/46/EC as evidenced in Schedule 3 of the Contract.
Since January 1, 2006 and other than as set forth in Schedule 7.1.9, the Alphasem Group Companies and Asset Selling Affiliates have conducted the Alphasem Business only in the ordinary course of business.
Except as set forth in Section 3.9(i) of the Seller Disclosure Schedule, the Seller and the Asset Selling Affiliates, as applicable, exclusively own all Purchased Intellectual Property free and clear of all Encumbrances.