Assets of Business. The assets owned or leased by Company constitute all of the assets held for use or used primarily in connection with its business and are adequate to carry on such business as presently conducted and as contemplated by Company to be conducted.
Assets of Business. The Assets constitute all of the assets held for use or used primarily in connection with the business of the Company and are sufficient to conduct such businesses as presently conducted.
Assets of Business. To the best of Akashic's knowledge, Akashic owns and has good title to all of the assets of the Business as described to Buyer and there are no other assets, except the Itami IP (as defined in the Patent Purchase Agreement between Kubota and Buyer of even date herewith (the "Patent Purchase Agreement")), necessary to operate the Business as presently conducted.
Assets of Business. 11 2.26. Business Generally.................................................11 2.27. Brokers............................................................11 2.28.
Assets of Business. The Assets constitute all of the assets necessary to carry on the Business as presently conducted by Seller.
Assets of Business. The Assets represent substantially all of the assets of the Business required to operate the Business as currently conducted.
Assets of Business. Except as set forth in Exhibit 3(a)(iv) and the Disclosure Schedule, the assets owned or leased by Seller constitute all of the assets held for use or used primarily in connection with its businesses and are adequate to carry on such businesses as presently conducted.
Assets of Business. At the Closing, the Company and its subsidiaries will own or hold under valid leases or licenses all material real and personal property, contracts, rights and other assets (of every kind, nature, character, description, whether real, personal or mixed, whether tangible or intangible, whether accrued, contingent or otherwise and wherever situated) reflected on the latest balance sheet included in the Financial Information or acquired after the date thereof, other than properties disposed of in the ordinary course of business since the Balance Sheet Date, in each case, free and clear of all security interests, claims, liens, charges or encumbrances except (1) statutory liens securing payments not yet due and (2) such imperfections or irregularities of title or other security interests, claims, liens, charges or encumbrances (other than real property mortgages or deeds of trust) as do not materially affect the use of the properties or assets subject thereto or affected thereby or otherwise materially impair business operations at such properties. Except as set forth in Section 3.11 of the Company Disclosure Schedule, the Company does not own any real property. The Company and its subsidiaries have leasehold interests in all real estate used in the Business under valid leases and neither the Company nor its subsidiaries (nor, to the Company’s knowledge, the lessor) is in default under any thereof.
Assets of Business. The Transferred Assets, together with the Excluded Assets, constitute all of the assets held for use or used primarily in connection with the Business and are adequate to carry on the Business as presently conducted and as contemplated to be conducted by the Company under the Transition Agreement.
Assets of Business. Except for the Excluded Assets, the Purchased Assets and Personal Goodwill (a) constitute all of the assets, tangible and intangible, of any nature whatsoever, necessary to operate the Business in the manner presently operated by Seller and (b) include all of the assets presently used by Seller in connection with the operation of the Business.
