Target Business Sample Clauses
The "Target Business" clause defines the specific company, division, or set of assets that are the subject of a transaction, such as a merger, acquisition, or sale. This clause typically identifies the legal entity or business operations being transferred, sometimes including details like subsidiaries, intellectual property, or contracts associated with the target. By clearly specifying what constitutes the target business, the clause ensures both parties have a mutual understanding of the scope of the deal, thereby reducing the risk of disputes or misunderstandings about what is being bought or sold.
Target Business. (a) Target Business shall be operated normally by the Purchaser, and its nature and manner may not be changed or interrupted.
(b) None of the Clients will conduct material adverse adjustment to their relationship with the Target Business before the Closing Date or in the foreseeable period after the Closing Date.
Target Business. 33 tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Target Business. The Target Business will continue to operate consistently with past custom and practice. The Group Companies, BEST Express Technologies and Intellectual Properties, BEST Express Shared Technologies and Intellectual Properties and BEST Express Employees constitute all Entities, assets and staff used by the Seller for conducting express business (including operations of Linli service stations) in the PRC.
Target Business. The Target Business has been carried on in the ordinary course and so as to maintain the same as a going concern from the date hereof to the Closing Date. There is no existing fact or circumstance that could reasonably expected to have, individually or in the aggregate, a CreditEase Material Adverse Effect.