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;

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Business Assets means all business and marketing plans, worldwide marketing rights, software, customer and supplier lists, price lists, mailing lists, customer and supplier records and other confidential or proprietary information relating to the Technology, as well as all computers, office equipment and other tangible personal property owned (i.e., not leased) by Assignor immediately prior to the execution and delivery of this Agreement and primarily used in or otherwise primarily related to the Business.

Business Assets shall have the meaning ascribed to such term in Section 2.2.

Examples of Business Assets in a sentence

• No Parent Group Entity has received any notice of cancellation or non-renewal with respect to any Insurance Policy and, other than receipt of customary reservation of rights letters, no insurer under any Insurance Policy has questioned, disputed or denied or, to the Knowledge of Parent, threatened to question, dispute or deny any material claim thereunder that relates to the Business, the Business Assets, Business Liabilities or the Transferred Entity.

• Parent shall bear the cost of delivery of all Business Assets and Business Data to Buyer or the Transferred Entity, except to the extent otherwise set forth in this Agreement or the Transition Services Agreement.

• Any Parent Group Entity may, to be effective at the Closing, amend any Insurance Policies in the manner they deem appropriate to give effect to this Section 5.10(a) provided that the Parent Group will not take any action the primary purposes of which is to cause the Business or the Transferred Entity, the Business, the Business Assets or the Business Liabilities to no longer be eligible for coverage under the Specified Insurance Policies with respect to Pre-Closing Occurrences.

• The Business Assets and other assets, properties and rights of the Business are in good general operating condition (ordinary wear and tear excepted) and are adequate for the uses to which they are currently being put, and none of such property requires maintenance or repairs, except for ordinary routine maintenance and repairs that are not material in nature or cost.

• Section 3.22 of the Parent Disclosure Schedule also sets forth a correct and complete list, as of the date hereof, of all material claims made by any Parent Group Entity in connection with the Business, the Business Assets, the Business Liabilities and the Transferred Entity and their properties and assets under any Insurance Policy since the Lookback Date.

More Definitions of Business Assets

Business Assets the assets of the Business as set out in Schedule 21A;

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 means (a) the assets, properties and rights of the Purchased Companies (in each case, except to the extent a Separation Asset) and (b) the Acquired Assets.

Business Assets has the meaning set forth in Section 3.7(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 has the meaning ascribed thereto in Section 1.1.

Business Assets means all the property, rights and assets agreed to be sold under Clause 2.3.1 of this Agreement or any relevant Local Transfer Document;