Common use of Continuity of Business Enterprise Clause in Contracts

Continuity of Business Enterprise. It is the present intention of Purchaser to directly, or indirectly through its Subsidiaries, continue at least one significant historic business line of each Seller, or use at least a significant portion of each Seller’s historic business assets in a business, in each case, within the meaning of Treas. Reg. § 1.368-1(d).

Appears in 10 contracts

Samples: Master Sale and Purchase Agreement, Master Sale and Purchase Agreement, Master Sale and Purchase Agreement

AutoNDA by SimpleDocs

Continuity of Business Enterprise. It is the present intention of Purchaser Buyer to directly, or indirectly through its Subsidiaries, continue at least one significant historic business line of each Seller, or to use at least a significant portion of each Seller’s 's historic business assets in a business, in each case, case within the meaning of Treas. Reg. § 1.368ss.1.368-1(d).

Appears in 1 contract

Samples: Asset Purchase Agreement and Plan (Infodata Systems Inc)

Continuity of Business Enterprise. It is the present intention of Purchaser Buyer to directly, or indirectly through its Subsidiaries, continue at least one significant historic business line of each Seller, or to use at least a significant portion of each Seller’s 's historic business assets in a business, in each case, case within the meaning of Treas. Reg. § Section 1.368-1(d).

Appears in 1 contract

Samples: Agreement and Plan of Merger and Acquisition Agreement (Pivot Pharmaceuticals Inc.)

Continuity of Business Enterprise. It is the present intention of Purchaser to directly, or indirectly through its Subsidiariessubsidiaries, continue at least one significant historic business line of each Sellerthe Company, or use at least a significant portion of each Seller’s historic business assets in a business, in each case, within the meaning of Treas. Reg. § Treasury Regulations section 1.368-1(d).. 6.8

Appears in 1 contract

Samples: Asset Purchase Agreement

AutoNDA by SimpleDocs

Continuity of Business Enterprise. It is the present intention of Purchaser to directly, or indirectly through its Subsidiariessubsidiaries, continue at least one significant historic business line of each Sellerthe Company, or use at least a significant portion of each Seller’s historic business assets in a business, in each case, within the meaning of Treas. Reg. § Treasury Regulations section 1.368-1(d).

Appears in 1 contract

Samples: Asset Purchase Agreement (GMX Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.