Divested Assets definition
Examples of Divested Assets in a sentence
The purpose of the proposed Final Judgment is to ensure that the Acquirers of the Divested Assets will be viable, ongoing RMS businesses that can compete effectively in the 15 relevant geographic markets.
If the Parties are unable to agree upon the Divested Assets Value within fifteen (15) days of Acquirer’s delivery to NRGY of the Divestiture Notice, then such dispute shall be resolved promptly by an Expert chosen by NRGY from a list of three (3) Experts proposed by Acquirer, with costs of such Expert borne equally by NRGY and Acquirer.
In addition, Aytu assumed future contractual obligations under existing license agreements associated with the Divested Assets.
Specifically, because the Sale Transactions are being conducted pursuant to this Plan, any instrument of transfer that would effect transfer of the Divested Assets as proposed in pleadings filed in these Chapter 11 Cases may not be taxed under any law imposing a stamp tax or similar tax.
The Purchaser further acknowledges that it will conduct such inspections of the condition of and title to the Divested Assets as it deems appropriate and that it will satisfy itself with regard to these matters.