Examples of France Assets in a sentence
Non-U.S. Assets The Marcam UK Assets, the Marcam France Assets, the Marcam Netherlands Assets and the Marcam Germany Assets.
At the U.S. Closing, $5,000,000 of the Purchase Price otherwise payable by the Buyer to the Sellers shall be delivered by the Buyer to the Escrow Agent for the purpose of securing the obligation of the Buyer to pay the Purchase Price for the France Assets at the France Closing and of the Sellers to proceed with the France Closing under Section 2.3(c) hereof.
Of such amount (the "BC France Escrow Fund"), $3,900,000 shall evidence the portion of the Purchase Price attributable to the France Assets and $1,100,000 shall represent additional Purchase Price payable with respect to the remaining Acquired Assets which shall be held by the Escrow Agent in order to insure the consummation of the France Closing.
France Assets Vermilion's main producing areas in France are located in the Aquitaine Basin which is southwest of Bordeaux, France and in the Paris Basin, located just east of Paris.
Upon and subject to the terms and conditions of this Agreement, the Buyer shall purchase from the Sellers, and the Sellers shall sell, transfer, convey, assign and deliver to the Buyer, for the consideration specified below in this Article II, (a) at the U.S. Closing, all of the Acquired Assets other than the France Assets, and (b) at the France Closing, all of the France Assets.
The Parties agree and acknowledge that Tegal France shall retain all of the assets, properties and rights it holds at the time of the Closing (the “Tegal France Assets”) and that Purchaser shall automatically acquire from Seller at Closing, by virtue of the transfer of the French Subsidiary Shares to Purchaser, all of Seller’s indirect interest in, and control over, the Tegal France Assets.
Tegal France has good, valid and marketable title to, or a valid leasehold interest in, all of the Tegal France Assets, free and clear of any Encumbrance other than Permitted Encumbrances.
The Sellers shall comply with the requirements of this Section 5.4 with respect to the France Assets and the portion of the Business held by BC France during the period commencing on the date of this Agreement and ending on the France Closing Date.
In addition, during the period from the date of this Agreement to the U.S. Closing, each Seller shall (i) accept customer orders in the Ordinary Course of Business and (ii) cooperate with the Buyer in communicating with suppliers and customers to accomplish the transfer of the Acquired Assets (other than the France Assets) to, and the purchase of the Business (other than the business of BC France) by, the Buyer on the U.S. Closing Date.