Examples of Assets of the Business in a sentence
Except as otherwise provided in Paragraph 2.13, all legal and regulatory costs and expenses incurred in or resulting from Operations or necessary to protect or recover the Assets of the Business, including costs of title investigation and title curative services.
Seller desires to sell, and Buyer desires to purchase, the Assets of the Business (as each such term is hereinafter defined) of Seller for the consideration and on the terms set forth in this Agreement.
Buyer shall remain liable to the Seller for any losses or damages to the Assets of the Business as a result of Buyer's negligence or intentional misconduct to the extent such losses or damages are either not fully covered or are excluded from coverage by such insurance policies.
At least five (5) business days prior to the Closing Date, Citizens shall deliver to Parent and Buyer a statement of net assets (the "Estimated Statement of Net Assets") reflecting its good faith calculation of the Acquired Assets of the Business as of the last day of the latest calendar month for which financial statements of Seller are available (the "Estimated Adjusted Net Assets").
Assets of the Business and the results of the Business’s operations have been included in the consolidated financial statements since the acquisition date.
Buyer shall remain liable to the Seller for any losses or damages to the Assets of the Business as a result of Buyer's negligence or intentional misconduct and to the extent such losses or damages are either not fully covered or are excluded from coverage by such insurance policies.
After the Closing, the Seller shall refer to the Purchaser any inquiry that the Seller or any of its Affiliates receive relating to the Business or the Transferred Assets of the Business; provided, however, that the Seller shall not refer (but shall provide the Purchaser with prompt written notice thereof pursuant to Clause 15.1) to the Purchaser any inquiry related to any Proceeding or any claim with respect to the operation of the Business prior to the Closing.
The Seller is a company duly organized and validly existing under the Laws of India, and the Seller has all requisite company power and authority to own, lease and operate the Transferred Assets of the Business and to conduct the Business.
All applicable sales, transfer, use, filing and other taxes and fees that may be due or payable as a result of the conveyance, assignment, transfer or delivery of the Assets of the Business to be conveyed and transferred as provided herein, whether levied on Seller or Buyer, shall be borne by Seller.
There is no Judgment impacting or affecting the Business or the Transferred Assets of the Business.