Examples of Excluded Tangible Personal Property in a sentence
The lists of Tangible Personal Property comprising all material items of tangible personal property, other than the Excluded Tangible Personal Property, necessary to conduct the business and operations of the Stations as now conducted has been provided to Buyer previously.
Not later than thirty (30) days following the execution and delivery hereof, Buyer shall have the right, by the giving of written notice to Seller, to select for purchase at net book value by Buyer at the Closing any item of Excluded Tangible Personal Property described in clause (B) or (C) of Section 2.1(b)(i).
In the event that Buyer selects to purchase any such Excluded Tangible Personal Property, Buyer and Seller shall enter into an amendment of this Agreement, including an amendment to Schedule 2.1(b)(i) hereof, for purposes of including the Excluded Tangible Personal Property so selected by Buyer pursuant to such notice among the Acquired Assets to be purchased hereunder.
Except as disclosed in Schedule 3.20 or with respect to the Excluded Tangible Personal Property, no Seller has been involved in any business relationship with any Affiliate of any Seller, and no Affiliate of any Seller owns any property or right, tangible or intangible, that is material to the business and operations of the Stations.
Except as disclosed in Schedule 3.19 or with respect to the Excluded Real Property Interests and the Excluded Tangible Personal Property, no Seller has been involved in any business arrangement or relationship with any Affiliate of Seller, and no Affiliate of any Seller owns any property or right, tangible or intangible, that is material to the operations of the business of the Stations.