Examples of Assets Sellers in a sentence
In addition, if any of the proposed activities may unreasonably interfere with normal operation of the Assets, Sellers may request a reasonable modification of the proposed Invasive Activity.
All of Seller=s right, title and interest in the Purchased Assets (or in the case of any leased or licensed Purchased Assets, Seller=s rights under such leases or licenses) shall be transferred to Buyer or its designee at Closing free and clear of all Liens other than Permitted Liens.
If, after the Closing Date, Sellers shall receive payment from any account debtor with respect to any Accounts Receivable included in the Purchased Assets, Sellers shall immediately deliver such funds or assets to Buyer and take all steps necessary to vest title to such funds or assets in Buyer.
Each of the PCB Business Assets Sellers, CIT and CTL maintains insurance in respect of the PCB Business covering such risks, in such amounts, with such terms and with such insurers as it has determined are appropriate and consistent with industry practice.
In furtherance of Sellers’ right to retain those assets described in clause (a)(iii) of the definition of Excluded Assets, Sellers shall be entitled to receive from Buyer all refunds (or credits for overpayments) of Retained Taxes, including any interest paid thereon, by a Governmental Authority, net of any costs, fees, expenses or Taxes incurred in obtaining such refunds (or credits).
Each of PCB Business Assets Sellers has good and valid title to all the tangible property and equipment owned by it and included in the PCB Business Assets and not in violation hereof, in each case free and clear of all Encumbrances other than Permitted Encumbrances.
Each of CIT and CTL owns and operates all of its business in compliance with all applicable Environmental Laws (b) each of the PCB Business Assets Sellers holds and is in compliance with all Licenses required under applicable Environmental Laws to operate the PCB Business as presently conducted by it.
Each of the PCB Business Assets Sellers, CIT and CTL that is or will be a party to any of the Transaction Agreements has all requisite corporate power and authority to enter into and deliver the Transaction Agreements to which it is or will be a party, to perform its obligations hereunder and thereunder, and to consummate the Transactions.
Except as disclosed in Schedule 4.17: (a) each of the PCB Business Assets Sellers owns and operates the PCB Business in compliance with all applicable Environmental Laws.
For the avoidance of doubt, nothing herein shall require General Motors to share the Tax Returns (or other confidential information) or part of the Tax Returns, in each case not related to the Target Group Companies or Controlled Dealership Entities of Sellers’ Retained Group Companies (or for Assets Sellers, not related to the Transferred Assets).