Operation of Purchased Assets Sample Clauses

Operation of Purchased Assets. The Purchased Assets constitute all equipment currently used by EA to manufacture the LM and DMTX Products.
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Operation of Purchased Assets. Between the Effective Date and the Closing Date, Transferor, with respect to the Business, shall:
Operation of Purchased Assets. Buyer shall make available to Seller the Purchased Assets necessary to perform any Unassigned or Non-Subcontracted Contract that has not been assigned or subcontracted. Seller shall use and operate such Purchased Assets made available to it by Buyer to continue to fulfill Seller’s or Seller’s affiliates’ obligations under each Unassigned Contract and Non-Subcontracted Contract that is not assigned or subcontracted involving SEWOP Services. Seller shall use, operate, maintain and safeguard such Purchased Assets consistent in all material respects with the manner Seller used, operated, maintained and safeguarded such Purchased Assets prior to Closing (including the consumption of supplies constituting Inventories in the ordinary course of business and consistent with past practice); provided, Seller shall not be required to insure such Purchased Assets as insurance will be obtained by Buyer. Without limiting the foregoing, Seller shall operate such Purchased Assets in a manner intended to maintain good and continuing relationships with the customers, suppliers and vendors affected by the operation of such Purchased Assets. In connection with Seller’s operation of such Purchased Assets pursuant to this Section 6.11, Seller and Seller’s affiliates shall have control over such operations and shall operate such Purchased Assets in their reasonable discretion; provided, Seller and its affiliates will, at the request and expense and under the direction of Buyer and its affiliates, take all such actions and do all such things as shall, in the opinion of Buyer and its affiliates acting reasonably, be necessary or desirable in order that such Purchased Assets be operated in a manner such that the value of such Purchased Assets shall be preserved and shall inure to the benefit of the Buyer and its affiliates.
Operation of Purchased Assets. Between the Effective Date and the ----------------------------- Closing Date, Transferor, with respect to the Business, shall:
Operation of Purchased Assets. From the date of this Agreement until the earlier of the Closing Date or the termination of this Agreement:
Operation of Purchased Assets. Between the date hereof and the Closing Date, the Sellers will and will cause each of the Subject Entities to (i) operate its business only in the usual, regular, and ordinary manner consistent with such entity’s prior practice and (ii) maintain its books of account and records in the usual, regular, and ordinary manner, in accordance with sound accounting principles applied on a basis consistent with the basis used in keeping its books in prior years. From the date hereof until the Closing Date, none of the Subject Entities shall take any action or fail to take any action the result of which would (A) have a material adverse effect on the Purchased Assets, the Property, the Subject Entities’ or the Purchaser’s ability to continue the operation thereof after the Closing Date in substantially the same manner as presently conducted or (B) would cause any of the representations and warranties contained in this Section 2.2 to be untrue as of the Closing Date.
Operation of Purchased Assets. Between the Effective Date and the Closing Date, Seller shall:
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Related to Operation of Purchased Assets

  • Condition of Purchased Assets All of the tangible property included in the Purchased Assets is in good operating condition and repair, ordinary wear and tear excepted, and in the state of maintenance, repair and operating condition required for the proper operation and use thereof in the ordinary and usual course of business by Seller.

  • Transfer of Purchased Assets At each exercise of the Asset Purchase Option by Party A:

  • Sale of Purchased Assets Sell, transfer, assign, lease, encumber or otherwise dispose of any of the Purchased Assets other than in the ordinary course of Seller's business consistent with past practices;

  • Delivery of Purchased Assets The Seller shall have delivered possession of the Purchased Assets to the Purchaser, and shall have made all intangible Purchased Assets available to the Purchaser.

  • Purchased Assets Subject to the terms and conditions of this Agreement, at the Closing, each Seller shall sell, convey, assign, transfer and deliver to the Buyer, and the Buyer shall purchase, free and clear of all Encumbrances, all right, title and interest of such Seller in and to the following Assets (collectively, the “Purchased Assets”):

  • Purchase and Sale of Purchased Assets On the terms and subject to the conditions set forth in this Agreement, at the Closing, the Purchaser will purchase from the Seller, and the Seller will sell, transfer, assign, convey and deliver to the Purchaser the Purchased Assets pursuant to the Xxxx of Sale.

  • Transferred Assets (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded pursuant to the provisions of Subsection 1.1(b):

  • Acquired Assets 11 Upon the terms and subject to the conditions set forth in this Agree- ment, at the Closing Seller shall sell, assign, transfer, convey and deliver to Buyer free and clear of all Liens, and Buyer shall purchase, acquire and take assignment and delivery of, all right, title and interest of Seller in and to the Acquired Assets, including the following:

  • Sufficiency of Purchased Assets The Purchased Assets include all right, title and interest of Seller in and to all assets, properties and rights of Seller or necessary for or used in the operation of Seller's business, other than the Excluded Assets.

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