Common use of Necessary Property Clause in Contracts

Necessary Property. All of the Real Property and Assets and ------------------ Properties owned or leased by the Company and the Intellectual Property owned by or licensed to the Company constitute all of the property reasonably necessary for the conduct of the Company's business in the manner and to the extent presently conducted by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Purchasepro Com Inc)

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Necessary Property. All of the Real Property The assets and Assets and ------------------ Properties owned properties currently owned, leased or leased licensed by the Company and the Intellectual Property owned by or licensed to the Company Company, constitute all of the property reasonably assets and properties used in or necessary for to conduct the conduct business of the Company's business in the manner Company as it is currently conducted and proposed to the extent presently conducted by the Companybe conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Network 1 Financial Group, Inc.)

Necessary Property. All of the Real Property and Assets and ------------------ Properties The Purchased Assets, owned or leased by the Company and the Intellectual Property owned by or ------------------ licensed to the Company Seller, constitute all of the property reasonably necessary for the conduct of the Company's business Business in the manner and to the extent presently conducted by Seller and to be conducted by Buyer in the Companyfuture.

Appears in 1 contract

Samples: Asset Purchase Agreement (Comps Com Inc)

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Necessary Property. All of the Real Property and Assets and ------------------ Properties The Purchased Assets, owned or leased by the Company and the Intellectual Property owned by or ------------------ licensed to the Company Company, constitute all of the property reasonably necessary for the conduct of the Company's business Business in the manner and to the extent presently conducted by the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Comps Com Inc)

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