Existing Consumer definition
Examples of Existing Consumer in a sentence
Each material Permit of MTVN Parent’s Existing Consumer Digital Music Business has been validly issued and is in full force and effect, and MTVN Parent is the authorized legal holder thereof and has complied in all material respects with all the terms and conditions thereof.
Existing Consumer documentation, if same differs from the Consumer documentation previously reviewed and approved by TAMMAC and its counsel.
The RN Contribution Assets, the RN License Assets and RN Service Assets are sufficient for the conduct of the Existing Consumer Digital Music Business of RN Parent immediately following the Closing in substantially the same manner as currently conducted.
The MTVN Contribution Assets, the MTVN License Assets and MTVN Service Assets comprise all the material assets employed by MTVN Parent and its subsidiaries and divisions necessary to conduct the Existing Consumer Digital Music Business of MTVN Parent.
The transfer of any Existing Consumer Data from Seller to Purchaser as contemplated herein shall be in full and complete compliance with the Privacy Policies and any and all Legal Requirements related thereto.
MTVN Parent possesses all material Permits to own or hold under lease and operate the MTVN Contribution Assets that are necessary to enable it to conduct its Existing Consumer Digital Music Business as currently conducted.
No Consent of, or registration, declaration or filing with any Governmental Entity is required to be obtained or made by or with respect to MTVN Parent or its subsidiaries in connection with the (A) execution, delivery and performance of this Agreement or any other Transaction Document or the consummation of the Transactions or (B) the conduct by the Company of the Existing Consumer Digital Music Business of MTVN Parent following the Closing as conducted on the date hereof.
The MTVN Contribution Assets, the MTVN License Assets and MTVN Service Assets are sufficient for the conduct of the Existing Consumer Digital Music Business of MTVN Parent immediately following the Closing in substantially the same manner as currently conducted.
Each material Permit of RN Parent’s Existing Consumer Digital Music Business has been validly issued and is in full force and effect, and RN Parent is the authorized legal holder thereof and has complied in all material respects with all the terms and conditions thereof.
Since January 1, 2005, Seller has stored and maintained all Existing Consumer Data in a manner consistent in all material respects with industry practice and has not licensed or sold the same to, or entered into any Contract to license or sell the same with, any Person other than as contemplated herein.