Assets or Properties definition
Examples of Assets or Properties in a sentence
The Company has not received any communication (whether written or oral), whether from a Governmental or Regulatory Authority, citizen group, employee or otherwise, that alleges that the Company or any of the Assets or Properties used in the Company's business is not in full compliance with Environmental Laws.
There are no Liens for Taxes upon the Assets or Properties of the Company or any Subsidiary.
The Company has not received any written communication, whether from a Governmental or Regulatory Authority or citizen group, that alleges that the Company or any of the Company Assets or Properties used in the Business are not in material compliance with Environmental Laws.
There are no Liens for Taxes upon the Assets or Properties of the Company or any Subsidiary (except for inchoate Liens for Taxes not yet due and payable).
Such Seller has all requisite power and authority to enter into, execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby, including without limitation to sell and transfer the Purchased Interests owned by it.
The fair market value of the Assets or Properties held under each Employee Pension Benefit Plan exceeds the actuarially determined present value of all accrued benefits of such Benefit Plan (whether or not vested) determined on an ongoing-Benefit Plan basis.
Except as described in Schedule 2.11 to this Agreement, to the best knowledge of Seller, it is not in violation of or in default under any Law or Order applicable to such Company or any of its Assets or Properties.
There are no Liens for Taxes upon the Assets or Properties of the Company other than Liens for Taxes not yet due.
Parent and Acquisition Co. have not received any communication (whether written or oral), whether from a Governmental or Regulatory Authority, citizen group, employee or otherwise, that alleges that Parent and/or Acquisition Co. or any of the Assets or Properties used in their respective businesses is not in full compliance with Environmental Laws.
Except as set forth on Schedule 2.11, there is no Proceeding pending or, to the Knowledge of the Company, threatened (a) against the Company or any Subsidiary or the material Assets or Properties of the Company or any Subsidiary or (b) that, questions the validity of, or seeks to prevent or delay the consummation of this Agreement or the transactions contemplated hereby, including the Company’s performance of its obligations under any Transaction Document to which it is, or is contemplated to be, a party.