Common use of Sufficiency of Acquired Assets Clause in Contracts

Sufficiency of Acquired Assets. The Acquired Assets include, except as set forth in Schedule 3.06, all the assets reflected on the Seller Financial Statements (other than receivables and consumable assets used in the ordinary course of business). The Acquired Assets constitute all the assets necessary for the conduct of the Business by the Buyer immediately following the Closing in the same manner as conducted on the date of the Reference Balance Sheet Date and as conducted by the Seller as of the date hereof.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Green Plains Renewable Energy, Inc.), Asset Purchase Agreement (Green Plains Renewable Energy, Inc.)

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Sufficiency of Acquired Assets. The Acquired Assets includeAssets, except together with the Excluded Assets, comprise all the assets employed by Sellers in connection with the Business. Except as set forth in on Schedule 3.063.10, all the assets reflected on Acquired Assets, together with the Seller Financial Statements (other than receivables and consumable assets used in services to be provided pursuant to the ordinary course of business). The Acquired Assets constitute all the assets necessary Ancillary Agreements, are sufficient for the conduct of the Business by the Buyer immediately following the Closing in substantially the same manner as conducted on the date of the Reference Balance Sheet Date and as conducted by the Seller as of the date hereofcurrently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (U S Realtel Inc)

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