Acquired Companies definition
Examples of Acquired Companies in a sentence
None of Parent, Holder, the Acquired Companies or their Subsidiaries shall have any obligation hereunder to any Person when and if a court of competent jurisdiction shall ultimately determine (and such determination shall have become final and non-appealable) that the indemnification of such Person in the manner contemplated hereby is prohibited by Applicable Law.
The profits or losses, assets and liabilities of the Acquired Companies stated in the Management Accounts are true and correct in all material respects, subject to normal and recurring adjustments and the absence of notes and to any adjustments that may be set forth in the Final Closing Statement.
Except as otherwise required by Applicable Law, Parent shall not be permitted to or permit any of its Affiliates (including the Acquired Companies) to take any action (or inaction) not contemplated by this Agreement with respect to Indemnified Matters for which the Ara Parties would reasonably be expected to have an indemnification obligation hereunder, without the prior written consent of the Ara Parties, which consent shall not be unreasonably withheld, conditioned or delayed.
Following the review of the Preliminary Closing Statement by Parent and the Acquired Companies' good faith response to any comments or proposed changes from Parent, the Acquired Companies shall prepare and deliver to Parent a revised Preliminary Closing Statement reflecting any changes that the Acquired Companies determine in good faith are necessary or appropriate.
The Acquired Companies own or have the right to use all material Acquired Company Intellectual Property.