Examples of Asset Contributors in a sentence
At the Closing, the Asset Contributors, the Equity Contributors or the Contributors’ Representatives, as applicable, shall have delivered or caused to be delivered to the MLP, the GP, Intermediate GP, Intermediate Holdings or Holdings, and the MLP, the GP, Intermediate GP, Intermediate Holdings or Holdings shall have delivered or caused to be delivered to the Asset Contributors, the Equity Contributors or the Contributors’ Representatives, as applicable, the Transaction Documents.
Neither such Asset Contributor nor any of its Affiliates has employed any broker, finder or other person or incurred any liability on behalf of the Asset Contributors for any advisory, brokerage, finder, success, deal completion or similar fees or commissions in connection with the transactions contemplated by this Agreement.
Laredo acknowledges that the inability of the Company to distribute, transfer or assign the Excluded Assets for any reason shall not delay Closing and any Excluded Asset that the Company is unable to so distribute, transfer or assign by the Closing shall be referred to as a “Non-Transferred Excluded Asset.” Regardless whether any Excluded Asset is a Non-Transferred Excluded Asset, Contributors hereby assume all Liabilities related to all Excluded Assets.
Consistent with the foregoing (subject to the exceptions described in the preceding sentence and Section 7.2(b)), Seller shall cause the Company Group and the Asset Contributors (solely with respect to the Contributed Assets) to use commercially reasonable efforts to preserve the goodwill of the suppliers, customers, Governmental Bodies and others having business relations with them.
Axia never held legal or beneficial title to any of the assets contemplated under the Trust Agreements and, at all times, the assets contemplated under the Trust Agreements – to the extent they existed as represented in the Trust Agreements – remained in the custody and control of the Asset Contributors.
Each of the Asset Contributors has the requisite corporate, limited liability company, unlimited liability company or other entity power and authority, as the case may be, to own or lease and to operate and use the Contributed Assets and to carry on the Business as now conducted by it except where the failure to have such power and authority would not have a Material Adverse Effect.
Buyer acknowledges that none of Seller, the Selling Entities, any Company, any Company Subsidiary, any Asset Contributor or any other Person has made any representation or warranty, express or implied, as to the financial projections, forecasts, cost estimates and other predictions relating to the Companies, the Company Subsidiary or the Asset Contributors delivered or made available to Buyer.
The project challenges current business practices which may require the management personnel to change their current way of thinking.
Notwithstanding anything to the contrary contained in this Agreement, all of the assets and properties of Seller and the other Asset Contributors other than the Contributed Assets (the “Excluded Assets”) shall be retained and shall not be conveyed hereunder.
The members of the Company Group and the Asset Contributors, as it relates to the Business, are in compliance in all material respects with all Data Laws.