Examples of Related Business Assets in a sentence
According to the Announcement on the Transfer of Related Business, Assets and Liabilities by Baoshang Bank Co., Ltd.
Definitions of the following terms, which incorporate the terms “Subsidiary” or “Subsidiaries,” would be modified to replace such terms with “Restricted Subsidiary” or “Restricted Subsidiaries”, as applicable: Asset Sale, Cash Equivalents, Collateral, EBITDA, Interest Expense, Leverage Ratio, Loan Parties, Net Income, Permitted Asset Swap, Related Business Assets, Sale and Lease-Back Transaction, Secured Indebtedness, Similar Business.
The parties hereto (a) mutually agree on the methodology for the allocation of the Purchase Price among the Purchased Assets and Related Business Assets set forth on Exhibit G for income tax purposes, and (b) acknowledge that the allocation methodology set forth on Exhibit G was the result of arms-length negotiations.
The term "Closing" as used herein shall refer to the actual conveyance, transfer, assignment and delivery of the Purchased Assets and Related Business Assets to Purchasers in exchange for the payment delivered to Sellers pursuant to Section 2.3 of this Agreement.
All of the rights, properties and assets utilized or required by each Seller in connection with owning and operating the Business are (a) either owned by such Seller or licensed or leased to Seller under one of the Contracts conveyed to Purchaser under this Agreement; and (b) included in the Purchased Assets or the Related Business Assets (other than the Retained Assets).