Business Assets definition

Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;
Business Assets shall have the meaning ascribed to such term in Section 2.2.

Examples of Business Assets in a sentence

  • The Corporation is, in all material respects, conducting its Business in compliance with all Applicable Laws of each jurisdiction in which its Business is carried on and is licensed, registered or qualified in all jurisdictions in which it owns, leases or operates its Business Assets or carries on business to enable its Business to be carried on as now conducted or, proposed to be conducted and its Business Assets to be owned, leased and operated.

  • The Corporation has good, valid and marketable title to and has all necessary rights in respect of all of their Business Assets as owned, leased, licensed, loaned, operated, developed or used by them or over which they have rights, free and clear of any Liens, and no other rights or Business Assets are necessary for the conduct of the Business as currently conducted or as proposed to be conducted.

  • All operations of the Corporation in respect of or in connection with the Business Assets or otherwise have been and continue to be conducted in accordance with best industry practices and in material compliance with all Applicable Laws, including all standards applicable to the industries of the Corporation and promulgated by the applicable Governmental Entities in Canada and applicable states of the United States.


More Definitions of Business Assets

Business Assets means all of the assets of the Company immediately prior to the Effective Time other than shares of its subsidiaries, its interest in the Partnership and any inter-company receivables.
Business Assets the assets of the Business as set out in Schedule 21A;
Business Assets has the meaning set forth in Section 3.7(a).
Business Assets shall have the meaning set forth in Section 2.1(a).
Business Assets. (“asedau busnes”) means assets that WRA has reason to believe are owned, leased or used in connection with the carrying on of a business by any person, but does not include documents;
Business Assets means all Assets of the Transferred Companies that are used or held for use in connection with the Business, other than the Administrative Assets or Seller Marks.
Business Assets means the business, operations, undertaking, property and assets of a specified Person, including the shares and the other securities held in another Person;