BSG Assets definition

BSG Assets means assets currently used by the Business Strategy Group in the conduct of its business and reflected on the Most Recent Balance Sheet, which are owned by the Seller directly or through any direct or indirect subsidiary.
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Examples of BSG Assets in a sentence

  • Each of the Company and the Subsidiaries has good and marketable title to all of the BSG Properties and BSG Assets, free and clear of all Liens, except for Liens for taxes not yet due and payable and such Liens or other imperfections of title, if any, as do not materially detract from the value of or interfere with the present use of the property affected thereby or which would not have a Material Adverse Effect.

  • Neither the Company nor Subsidiaries is in conflict with, or in default or violation of any Law or Approval applicable to the Company or Subsidiaries or by which its or any of their respective properties, or any of the BSG Properties or BSG Assets, is bound or affected except for any such conflicts, defaults or violations which would not reasonably be expected to have a Material Adverse Effect.

  • Neither the Company nor Subsidiaries is subject to any judgment, consent decree, compliance order or administrative order with respect to any aspect of the business, properties or assets of the Company or the Subsidiaries or of the Business Strategy Group business, BSG Properties or the BSG Assets, except where such judgment, consent decree, compliance order or administrative order would not reasonably be expected to have a Material Adverse Effect.