Examples of the Business Contracts in a sentence
With effect from the Completion Date, the Vendor assigns to the Purchaser all the rights it may have against the other party or parties to the Business Contracts (other than the Vendor's right to collect any Business Receivable) and (to the extent permitted by law) the Authorisations and the Purchaser accepts responsibility for the performance of the Business Contracts as and from Completion.
The Purchaser shall after the Completion Date carry out and complete for its own account all of the Business Contracts to the extent that they have not been performed prior to the Completion Date.
The Vendor covenants to indemnify the Purchaser against any Loss arising under any of the Business Contracts as a result of any act or omission of the Vendor before Completion.
Schedule 1.1(a)(xi) contains a true and complete list of each of the Business Contracts (other than employment contracts which are set forth on Schedule 5.10(a)) to which Seller is a party or that are binding on the Seller, the Business, or the Assets.
Seller has all corporate power and authority required to carry on its business as now conducted, to own or use the properties and assets that it purports to own or use, and to perform all obligations under the Business Contracts.
The Purchaser covenants to indemnify the Vendor against any Loss arising under any of the Business Contracts as a result of any act or omission of the Purchaser after Completion.
All fees related to transfer of the Business Contracts (that are to be assumed pursuant to the terms hereof) or the termination of any Business Contracts not to be assumed are payable by Seller.
The Purchaser will indemnify the Vendor against any Loss arising under the Business Contracts the subject of this CLAUSE 7.2 as a result of any act or omission of the Purchaser after the Completion Date (other than any Loss arising due to any breach by the Vendor of those Business Contracts, including any breach which may occur as a result of the Vendor having the Purchaser perform the Vendor's obligations on its behalf).
Subject to the provisions of Section 1.08, all obligations of the Company under the Business Contracts and Business Licenses that constitute Assets; Accrued Expenses.
The Assets and the rights conferred by the Business Contracts comprise all of the properties, assets (including, without limitation, computer software and licenses therefor) and rights of the Company which relate to the conduct of the Business as presently conducted and are adequate to conduct the Business as presently conducted by the Company.