Acquired Subsidiaries definition
Examples of Acquired Subsidiaries in a sentence
Each of the Sellers and the Acquired Subsidiaries has all requisite corporate or other organizational power and authority to carry on its businesses (including the Business) as now being conducted.
The Company shall, and shall cause its Affiliates (other than the Acquired Subsidiaries) to, pay any Casualty Cash received by the Company or any of its Affiliates (other than the Acquired Subsidiaries) to the Buyer.
Each of the Acquired Subsidiaries and the Company with respect to the Transferred Assets have implemented and maintain policies and procedures designed to ensure compliance by each of them with applicable Anti-Corruption Laws.
All of the accounts receivable of the Business and the Acquired Subsidiaries arose from bona fide arm’s-length transactions in the ordinary course of business.
The Parties agree to cooperate in good faith to effectuate the Restructuring, including agreeing to make any modifications thereto that are reasonably necessary to effectuate the intent of this Agreement on commercially reasonable terms, including to provide that, following the effectuation of the Restructuring, all of the assets, liabilities and Employees of the Acquired Subsidiaries shall relate to the Business.