CPEX Business definition

CPEX Business shall have the meaning set forth in the Separation Agreement.
CPEX Business means all of the business and operations of the drug delivery segment of Bentley as described in the Form 10.
CPEX Business means the development of the tangible and intangible infrastructure and know-how which, when the steps and measures identified in that certain report of A▇▇▇▇▇▇▇ Consulting entitled “Continental Power Exchange Technical Due Diligence Version 1.0” (the “Report”) have been undertaken, will achieve (subject to the qualifications set forth in the Report) the operation of an electronic facility for the trading of commodities and over-the-counter derivatives on such commodities, as contemplated on the date hereof by the business plan of ICEX.

Examples of CPEX Business in a sentence

  • CPEX is in compliance with all Laws or Orders applicable to the CPEX Business, except for incidents of noncompliance which have not resulted in, and could not be considered reasonably likely to result in, individually or in the aggregate, a Material Adverse Effect.

  • Except as disclosed on Schedule 3.1(n), no officer, director or shareholder of CPEX or any Affiliate of CPEX (including but not limited to S▇▇▇▇▇▇▇), and no Affiliate of such officer, director or shareholder or organization, entity or group controlled by such officer, director or shareholder or Affiliate has any interest in any property real, personal or mixed, tangible or intangible, used in or pertaining to the CPEX Business, except as an employee, director or shareholder thereof.

  • The Transferred Assets constitute all of the tangible and intangible property related to, used in, dedicated to, or otherwise necessary to the conduct of the CPEX Business (with the exception of the Excluded Patents).

  • CPEX has been duly organized, and is validly existing and in good standing under the laws of the State of Delaware, and has full power and authority to conduct the CPEX Business and to own and operate the Transferred Assets.

  • CPEX has previously delivered to ICEX unaudited consolidated financial statements for the CPEX Business.

  • The transfer and assignment of the Transferred Assets will effectively convey to ICEX all of the assets, properties and rights that are owned by CPEX related to, used in, dedicated to, or otherwise necessary to the conduct of the CPEX Business as presently conducted (other than the Excluded Patents and the Interest).

  • Except as disclosed on Schedule 3.1(m), the Transferred Assets include all property, assets and rights (including without limitation, all Intellectual Property) related to, used in, dedicated to, or otherwise necessary to the conduct of the CPEX Business as currently conducted and are adequate for such purpose.

  • Each of such Financial Statements fully and accurately set forth in all respects the financial condition and results of operations of the CPEX Business as of the respective date thereof and for the period referred to therein, and have been properly derived from the books and records of CPEX.

  • Since October 24, 1997 the operations of the CPEX Business have been conducted in the ordinary course of business consistent with past practice and CPEX has not (i) transferred, sold or otherwise conveyed any assets of any type that would fall within the definition of Transferred Assets exceeding $100,000 in the aggregate; or (ii) mortgaged, pledged or subjected to any Encumbrance any Transferred Assets, or in any way created or consented to the creation of any title condition affecting any such assets.

  • CPEX holds, maintains in valid condition and complies with, all Permits that relate to the CPEX Business and the Transferred Assets and that are required in connection with the conduct, use, operation or ownership thereof, except for those Permits the failure of which to hold, maintain or comply with have not resulted in, and could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect.