Examples of Purchased Businesses in a sentence
The CFC Parties are in compliance in all material respects with all Environmental Laws applicable to the Purchased Businesses and the Purchased Assets and have not received written notice from any Governmental Authority or other Person alleging non-compliance or that they are otherwise liable for the clean-up or other environmental response costs pursuant to any Environmental Law.
They were utilized from the late 1990s through approximately 2006.
Except as set forth on Schedule 3.1(c), since December 31, 2007 the Purchased Businesses have been carried on in the usual and ordinary course, there has been no Material Adverse Change, and Seller has no knowledge of any such change which is threatened; nor to the knowledge of Seller has there been any material damage, destruction or loss to any of the Assets.
The Sellers represent that, other than the transactions contemplated by this Agreement, they are not parties to or bound by any agreement with respect to a possible merger, sale, restructuring, refinancing or other disposition of all or any material part of the Purchased Businesses or the Purchased Assets.
In addition, the parties agree to use their reasonable best efforts to take all actions necessary to comply with all applicable local laws regarding notification to and consultation with the employees of the Purchased Businesses that may be required by the transactions contemplated by this Agreement and shall use their reasonable best efforts to take the results of any such consultation into account in their actions hereunder.
All the material tangible assets of the Purchased Businesses are situate at the locations set out in Schedule 12.
It covers a total area of 300 0000 km2 with about 159 000in Senegal, 111,000 in Mauritania, 9900 in Gambia and 20,100 in Guinea Bissau.
No person other than the Purchasers have any written or oral agreement or option or any right or privilege (whether by law, pre emptive or contractual) capable of becoming an agreement or option for the purchase or acquisition from the Vendor of any of the Purchased Assets, other than pursuant to purchase orders for the sale of Inventory accepted by the Vendor in the ordinary course of the Purchased Businesses.
The books and records of the Purchased Businesses to the extent they relate to the Purchased Assets and the Purchased Businesses and the Employees (other than those required by law to be retained by the Vendor, copies of which will be made available to the Purchaser), including, without limitation, all customer lists, sales records, price lists and catalogues, sales literature, advertising material, personnel records and other records.
In preparing and filing such Tax Returns of the Purchased Businesses the CS Parties shall not materially deviate from the manner in which any item of income or expense of any of the Purchased Businesses was reported in prior years, except as required by law.