Transferred Tangible Property definition

Transferred Tangible Property means all Tangible Property of the Business to which Seller has title and set forth on Schedule 1.1(xxx).

Transferred Tangible Property means all Tangible Property used in, or held for use in, the operation of the Business, including the Tangible Property set forth on Schedule 1.1(nnnn) but excluding any Tangible Property that is an Excluded Asset and set forth in Schedule 2.2(a), or that is Excluded Technology.

Transferred Tangible Property means all Tangible Property owned by Seller or any of its Subsidiaries that is exclusively used in the Business as it is operated by Seller and its Subsidiaries as of the date hereof, including the Tangible Property set forth on Schedule 1.1(b); provided, however, that Transferred Tangible Property shall not include any Hazardous Material waste created prior to the Closing.

Examples of Transferred Tangible Property in a sentence

• None of the inventory that is included among the Transferred Tangible Property has been consigned from any third party or is on consignment from any third party.

• The Seller has good and valid title to all of the Transferred Tangible Property, in each case free and clear of any and all Encumbrances other than Permitted Encumbrances, and each item of Transferred Tangible Property is in good operating condition, regularly and properly maintained, subject to normal wear and tear.

• The material equipment that is Transferred Tangible Property is in good operating condition and repair, reasonable wear and tear excepted, and is suitable for the uses for which it is being used in all material respects.

• If Utah’s testing shows Transferred Tangible Property is NOT Contaminated and upon written consent of Licensee and Utah, a third party (agreed upon by both Licensee and Utah) will be contracted to test Transferred Tangible Property for Contamination.

• All of the inventories of the Seller included among the Transferred Tangible Property were purchased, acquired or produced in the ordinary and regular course of business and in a manner consistent with the Seller's regular inventory practices and are set forth on the Reference Working Capital Statement in accordance with the practices and principles of the Seller consistent with the method of treating such items in prior periods.

More Definitions of Transferred Tangible Property

Transferred Tangible Property means (i) all Tangible Property located in the Richmond, British Columbia premises and used in, held for use in or necessary for the operation of the Diagnostic Business.

Transferred Tangible Property means all Tangible Property listed on Schedule 1.1(i) – Transferred Tangible Property hereto.

Transferred Tangible Property means all of the items set forth on Schedule 1.1(vvv).

Transferred Tangible Property means all Tangible Property listed on Schedule 1.1(i)– Transferred Tangible Property hereto.

Transferred Tangible Property means Tangible Property provided to Licensee under the Agreement. Transferred Tangible Property shall be provided as individual “Samples” (approximately 2”x2” tissue samples).

Transferred Tangible Property shall have the meaning set forth in Section 2.1(b).

Transferred Tangible Property means all machinery, equipment, motor vehicle, tools, dies, molds, test equipment furniture, office equipment, telephone systems, computer hardware and software, leasehold improvements, inventories of raw material, work in progress, finished products, parts, goods, subassemblies, spare parts, replacements and component parts, office, packaging and other supplies that are primarily related to the Subject Business, including those that are listed or described on Schedule 1.1(aaa) hereto.