Common use of Sufficiency of Acquired Assets Clause in Contracts

Sufficiency of Acquired Assets. The Acquired Assets include all properties and rights of Sellers used in the conduct of the Business as conducted by Sellers and are sufficient for the conduct of the Business by Buyer in the Ordinary Course of Business.

Appears in 2 contracts

Samples: Asset Purchase Agreement (American Pad & Paper Co), Asset Purchase Agreement (American Pad & Paper Co)

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Sufficiency of Acquired Assets. The Acquired Assets include comprise all properties the assets owned by Sellers that, together with the Subsidiary Assets, and the rights of Sellers Purchaser under the Purchaser Ancillary Documents are (i) necessary for or (ii) presently used to a material extent in the conduct of the Business in all material respects as conducted by Sellers and are sufficient for the conduct of the Business by Buyer in the Ordinary Course of Businesspresently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (CBS Corp)

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Sufficiency of Acquired Assets. The Acquired Assets include comprise all properties and rights of Sellers used in the conduct of the Business assets necessary to the business of the Seller as currently conducted by Sellers the Seller, and are sufficient for to serve in a proper and adequate manner the conduct customer base of the Business by Buyer Seller in the Ordinary Course of Businessmanner currently serviced by the Seller, except where it would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (1 800 Contacts Inc)

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