Seller Entities definition
Examples of Seller Entities in a sentence
Each of the Seller Entities is duly organized, validly existing and in good standing under the Laws of its jurisdiction of organization.
Since the Specified Date, none of the Seller Entities has effected any change in any method of accounting or accounting practice, except for any such change required because of a concurrent change in GAAP.
The Seller Entities have valid title to the leasehold estate (as lessee) in all Transferred Leased Property as lessee or sublessee, in each case free and clear of all Liens (other than Permitted Liens), except, in each case, as would not reasonably be expected to be, individually or in the aggregate, material to the Business, taken as a whole.
The Seller Entities are in compliance in all material respects with the terms of the Business Permits and the Business Permits are valid, binding and in full force and effect, except as would not reasonably be expected to be material to the Business, taken as a whole.
The Seller Entities hold, and for the last three years have held, all material Permits reasonably necessary for the conduct of the Business as presently conducted by the Seller Entities as of the date hereof (the “Business Permits XE "Business Permits" \t "3.12(b)" ”).