Examples of Specified Businesses in a sentence
If the sum of the Estimated Closing Adjustment Amounts for the Specified Businesses is a negative number, then the Cash Consideration payable at the Closing shall be decreased by the absolute value of such sum.
If the sum of the Estimated Closing Adjustment Amounts for the Specified Businesses is a positive number, then the Cash Consideration payable at the Closing shall be increased by such sum.
If the sum of the Estimated Closing Adjustment Amounts for the Specified Businesses is a positive number, then the Purchase Price payable at the Closing shall be increased by such sum.
If the sum of the Estimated Closing Adjustment Amounts for the Specified Businesses is a negative number, then the Purchase Price payable at the Closing shall be decreased by the absolute value of such sum.
Schedules 3 and 4 reflect the unaudited historical consolidating financial position and results of operations of ACC which are segregated into the Specified Businesses purchased by TWC and Comcast, respectively, and certain unallocated assets and liabilities and residual costs retained by ACC (the “Specified Businesses and Residual ACC”), including all reorganization expenses due to bankruptcy.
Companies for Engaging in Specified Businesses The subsidiaries of public fund management companies may engage in businesses related to asset management, including public fund management, private equity fund management, investment advisory, financial services for pension funds, distribution of financial products, unit registration, valuation and accounting, and other businesses recognized by CSRC.
The financial information for the Specified Businesses and Residual ACC related to separate businesses was prepared based on ACC’s management reports and, thus, may not represent results of operations on a stand-alone basis in accordance with GAAP.
Except as set forth in Schedule 4.12 listing trade payables of Seller which arose after July 1, 2009 (“Trade Payables”), Seller does not have any material liabilities (absolute, accrued, contingent or otherwise) relating to the Specified Businesses, except liabilities or obligations (i) adequately provided for in the Financial Statements, or (ii) incurred since December 31, 2008 in the ordinary course of business.
All rights relating to the Intellectual Property granted by Seller shall be freely licensable by Buyer as necessary to operate the Specified Businesses and shall be freely assignable by Buyer in connection with the sale of the Specified Businesses, or to any affiliate, subsidiary or operating unit of Buyer.
The March Statement is true and correct and fairly present in all material respects the financial condition, results of operations and cash flows of the Specified Businesses for the periods covered thereby.