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.