PSO Business definition
Examples of PSO Business in a sentence
All books and records relating to the Assumed Contracts and the other Assets including customer lists and records, mailing lists, marketing, sales and promotional materials and records, and all other books, records, files, data or databases, correspondence, memoranda, notes and other documents or papers and other evidence thereof relating to the PSO Business (collectively, the "Books and Records").
The Company's PSO Business -------------------------- PSO derives substantially all of its business from service contracts with the Department of Defense of the United States government.
The Equipment is in good operating condition and repair (subject to routine maintenance in the ordinary course of business) and, collectively with the Assumed Contracts and the other Assets, constitute all of the assets necessary and sufficient for the continued conduct of the PSO Business by Buyer after the Closing in the same manner as conducted prior to the Closing.
Seller also provides software support and professional services through a focused professional services group for Buyer and other companies, including, but not limited to, software sales, software implementations and configurations (the "PSO Business").
All financial information regarding the PSO Business delivered by or on behalf of Seller to Buyer fairly presents in all material respects the financial condition and the results of operations and cashflows of the PSO Business at the dates and for the periods presented, and that the Buyer has had an opportunity to review such information prior to Closing.
All know-how, processes, goodwill and other intangible assets associated with the PSO Business.
None of the Assigned Contracts is a PSO Contract or relates to the PSO Business.
Prior to the Closing Date, except as Buyer may otherwise consent in writing, Seller shall operate its PSO Business in the usual and ordinary course consistent with past practice, and Seller shall not sell, encumber or otherwise transfer any of the Assets.
All of Sellers tangible assets related to and used in or useful for the PSO Business, including, but not limited to, furniture, fixtures, computers, hardware, software, manuals, training materials and other equipment listed on Exhibit C attached hereto (collectively, the "Equipment").
Seller and the PSO Business are in compliance in all material respects with all applicable laws and regulations and there is no action, suit or proceeding pending or, to the knowledge of Seller, threatened against Seller relating in any way to the PSO Business or the Assets or that would affect Buyer's ownership and control or rights to use or otherwise receive the benefit of any of the Assets following the Closing Date.