No Assets. As of the Closing, Parent will not have any assets or operations of any kind, except as identified in the most recent balance sheet and notes thereto of Parent Financial Statements and as included in Parent Disclosure Schedule.
No Assets. As of the Closing, the Company will not have any assets (“Assets”) or operations of any kind, except as identified in the Disclosure Schedule.
No Assets. No exceptions.
No Assets. Denali does not own, lease or use any assets or properties other than the Denali Contracts and the Denali Licenses.
No Assets. As of the Closing, Parent will not have any assets or operations of any kind, except as identified in the most recent balance sheet and notes thereto included in the Parent SEC Documents or the Parent Disclosure Schedule. Except as set forth in the Parent Disclosure Schedule, Parent has good and marketable title to all of its Assets, free and clear of any and all Liens, other than (i) liens securing specific Liabilities shown on the Balance Sheet with respect to which no breach, violation or default exists; (ii) mechanics', carriers', workers' or other like liens arising in the ordinary course of business; (iii) minor imperfections of title that do not individually or in the aggregate, impair the continued use and operation of the Assets to which they relate in the operation of Parent as currently conducted; and (iv) liens for current taxes not yet due and payable or being contested in good faith by appropriate proceedings ("Permitted Liens").
No Assets. As of the Closing, Discovery will not have any assets or operations of any kind, except as identified in the most recent balance sheet and notes thereto included in the Discovery SEC Reports or the Discovery Disclosure Schedule.
No Assets. As at the date hereof, Newco owns no property or assets. Other than in connection with the Reorganization, Newco is not a party to any written or oral agreement to purchase or otherwise acquire, directly or indirectly, any other property or assets.
No Assets. Other than the liabilities listed on Schedule II to this Agreement, the Company does not have any (a) assets of any kind or (b) commitments, liabilities or obligations, whether secured or unsecured, accrued, determined, absolute or contingent, asserted or unasserted or otherwise. The Company ceased all operations in August 2004, and disposed of all of its assets as of such date.
No Assets. BABA shall have no assets other than as set forth on Schedule 2.19 attached hereto.
No Assets. As of closing, KAIR shall have no assets or operations. All KAIR assets and operations shall have been transferred to Kleenair Systems of North America, Inc., as of the date of the Closing.
