Water Business definition
Examples of Water Business in a sentence
There is no tangible personal property currently utilized in the Water Business other than the Water Fixtures set forth on Exhibit B-4.
To Contributor’s Knowledge, there are no gaps in the easements used or held for use in connection with the Water Business that would materially interfere with the operation and conduct of the Water Business.
Schedule 5.17 sets forth (a) a summary of all insurance policies held by Contributor covering the Assets and/or the Water Business save and except for title insurance policies (the insurance policies summarized therein, the “Insurance Policies”) up to, and including, the Closing Date, and (b) a list of all claims incurred under the Insurance Policies for the period of Contributor’s ownership thereof.
Contributor has all Surface Rights necessary for the conduct and operation of the Water Business, as currently conducted, including with respect to any utility or access rights which are necessary for the conduct and operation of the Water Business.
Contributor and the Acquiror agree to retain all Records with respect to Tax matters pertinent to the Assets or the Water Business relating to any Tax period beginning before the Closing Date until the expiration of the statute of limitations of the respective taxable periods and to abide by all record retention agreements entered into with any Governmental Authority.