Purchased Businesses definition
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.
For purposes of this Agreement, the term "Buyer Information" shall mean all information concerning the Buyer and its Affiliates (including information relating to the Purchased Businesses or any client, customer or supplier of the Purchased Businesses).
Notwithstanding the foregoing, Purchaser (at Purchaser’s cost) shall be responsible for making all filings necessary to transfer and obtain all Permits and Forest Licenses necessary for the operation of the Purchased Businesses on and after the Closing Date.
Until the Time of Closing, Purchasers and Seller will promptly notify each other of any lawsuits, proceedings or investigations, which are threatened or commenced or, to the knowledge of a party, threatened against Purchaser or Seller, respectively, which may relate to, or affect, the Purchased Businesses, this Agreement or the transactions contemplated hereby or by the Asset Purchase Agreements.
Buyer is acquainted with the Purchased Businesses, has had an opportunity to review the assets, books, records, and contracts of the Purchased Businesses, and has been given the opportunity to meet with officers and other representatives of AGI for the purpose of investigating and obtaining information regarding the Purchased Business's operations and its financial and legal affairs.
All goodwill of the Purchased Businesses, together with the exclusive right for the Purchasers to represent themselves, respecting carrying on the applicable Purchased Business in succession to the Vendor and the right to use any words indicating that the applicable Purchased Business is carried on (subject to Section 10.15 hereof).
The Buyer may not determine to exclude any Purchased Businesses pursuant to this Section 2.1(a)(ii).
No collective bargaining agreement in any way prevents any of the Purchased Businesses from relocating or closing any of its operations.
The Unaudited Management Accounts are only representative of the businesses being purchased but are those that most closely match the Purchased Businesses.
The Company has made available to the Buyer correct and complete copies of all federal and state Tax Returns, examination reports, and statements of deficiencies assessed against or agreed to by the CFC Parties with respect to the Purchased Businesses and the Excluded Businesses for all open Tax years.