Examples of UK Assets in a sentence
The Purchased Assets and the assets owned by the UK Company, together with the Other Agreements and the Excluded Assets and the Excluded UK Assets, constitute all of the assets, properties, agreements, licenses, rights and properties which are necessary to enable Purchaser to conduct the Business after the Closing in substantially the same manner as the Business has been conducted prior to the Closing.
The Capital Goods Scheme in Part XV of the Value Added Tax Regulations 1995 (SI 1995/2518) does not apply to any of the EasyLink UK Assets.
From the date hereof through the Closing, unless otherwise consented in writing by Purchaser in its sole discretion, Seller shall, and shall cause the UK Company to, conduct its business in the usual and ordinary course consistent with past practice and substantially as conducted at the date hereof, provided, however, that Seller shall be permitted to cause and shall cause Sequa UK and the UK Company to transfer the Excluded UK Assets to a designated Affiliate of Seller prior to the Closing.
If non UK Assets are allocated to the Asset Account, We will not reclaim any withholding tax deducted on the income.
EasyLink UK is duly qualified or licensed to do business as a foreign corporation and is in good standing as a foreign corporation in each jurisdiction in which its ownership, operation or lease of the EasyLink UK Assets or the conduct of the Business by EasyLink UK requires qualification or licensing to do business as a foreign corporation and in which the failure to so qualify would have a Material Adverse Effect.