Buyer Assets. Supplier shall instruct Supplier Personnel to: use Buyer Assets only for purposes of this PO and Supplier will reimburse Buyer for any unauthorized use; only connect with, interact with or use programs, tools or routines that Buyer agrees are needed to provide services; not copy, disclose or leave Buyer Assets unsecured or unattended; promptly notify Buyer of any accident or security incidents (such as those involving loss or misuse of, or damage to, Buyer Assets (as defined below), and Supplier will provide Buyer with a copy of any accident or security incident report involving the above.
Buyer Assets. Supplier shall instruct Supplier Personnel to: use Buyer Assets only for purposes of this PO and Supplier will reimburse Buyer for any unauthorized use; only connect with, interact with or use programs, tools or routines that Buyer agrees are needed to provide services; not copy, disclose or leave Buyer Assets unsecured or unattended; promptly notify Buyer of any accident or security incidents (such as those involving loss or misuse of, or damage to, Buyer Assets (as defined below), and Supplier will provide Buyer with a copy of any accident or security incident report involving the above. Buyer may periodically audit Supplier’s use of Buyer Assets. “Buyer Assets” means Buyer’s or Customer’s computer systems and/or networks, Buyer’s or Customer’s property that is accessed or used by Supplier Personnel or materials, data, documents or information provided to Supplier Personnel by (or on behalf of) Buyer.
Buyer Assets. (a) Buyer owns all copyrights, trademarks, and tradenames related to its business and the use of such copyrights, trademarks, and tradenames has not and will not infringe on the rights of any third party.
Buyer Assets. ARTICLE 5 CONDITIONS TO CONSUMMATION OF MERGER ............................................... 34 5.01 5.02 5.03 Conditions to Each Party's Obligations. .............................. Conditions to Obligations of the Buyer and Merger Sub. . Conditions to Obligations of the Company. ...................... 34 35 38 ARTICLE 6 COVENANTS OF THE COMPANY AND THE BUYER ............................................ 40
Buyer Assets. The Buyer does not and at the Effective Time will not own any assets except (a) its interest in Merger Sub, (b) its rights under this Agreement, and (c) the cash identified on the Buyer Balance Sheet.
Buyer Assets. At the time of Closing, Buyer shall have cash assets of $700,000 ($1,00,000 net of $300,000 commissions to be paid as discussed in Section 3.23 herein) to be used as working capital for the Company. Prior to the Closing, Buyer shall have raised the $700,000 (plus $300,000 paid in commissions for this transaction) by a private offering of equity to investors related to TBeck Capital. The offering documents and sample subscription agreement are attached hereto as Exhibit C. The shares sold pursuant to this offering are included in the 3,000,000 shares of issued Buyer Common Stock as Buyer is capitalized prior to the Closing. Buyer warrants that it has filed all necessary state and federal securities law filings in regards to this financing prior to the Closing. Furthermore, TBeck Capital and Westcap Securities Inc., financial advisers to Buyer, shall agree to raise a minimum of $4,000,000 within 180 days for the date of the Closing, on terms and conditions acceptable to BlueFire Ethanol, as well as $5,000,000 during the fourth quarter of 2007 as institutional financing.
