Examples of Acquired Assets in a sentence
At the Closing, at the direction of the Purchaser, each applicable Owner shall cause each Seller to change the corporate name of each Seller, withing thirty (30) calendar days of the Closing with each appropriate Governmental Entity in accordance with the terms hereof, each Seller and the Owner shall take all actions necessary to convey any domain names included in the Acquired Assets to the Purchaser.
The Acquired Assets, taken as a whole, (i) include all of the assets used in the operation of such Seller’s businesses as currently conducted, (ii) are in good operating condition and repair (normal wear and tear excepted), suitable for the uses intended therefor, free from latent defects and (iii) have been maintained in accordance with normal industry practice.
The Company’s financial statements have been prepared in accordance with US Generally Accepted Accounting Principles (“US GAAP”) and the financial statements of the Acquired Assets have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board, including interpretations issued by the IFRS Interpretations Committee.
Accordingly, consideration given by Xxxxxx + Lomb to complete the Acquisition has been allocated to the assets and liabilities of the Acquired Assets based upon their estimated fair values as of the date of the Acquisition.
Except as set forth on Schedule 3.4, no consent, authorization, Order or approval of, filing or registration with or notice to, any government authority, Third-Party Payor or other Person is required for (a) each Seller’s execution, delivery and performance of the Seller Documents or consummation of the Contemplated Transactions or (b) the Purchaser’s use of the Acquired Assets and operation of such Seller’s business immediately after the Closing as conducted by such Seller immediately before the Closing.