Assets or Properties definition
Examples of Assets or Properties in a sentence
The Company has not received any communication (whether written or oral), whether from a Governmental or Regulatory Authority, citizen group, employee or otherwise, that alleges that the Company or any of the Assets or Properties used in the Company's business is not in full compliance with Environmental Laws.
The Company has not received any written communication, whether from a Governmental or Regulatory Authority or citizen group, that alleges that the Company or any of the Company Assets or Properties used in the Business are not in material compliance with Environmental Laws.
There are no Liens for Taxes upon the Assets or Properties of the Company or any Subsidiary.
There are no Liens for Taxes upon the Assets or Properties of the Company other than Liens for Taxes not yet due.
At Closing Seller shall have no employee working for it solely or primarily in connection with the Assets or Properties of the Business, and there is no Liability to Buyer, or any agent or representative thereof, by virtue of Seller's employment or termination prior to the Closing of any such employee, contractor or representative.
When any lease terminates, an interest in which has been assigned under this Agreement, Purchaser will undertake additional testing, assessment, closure, reporting or remedial action with respect to the Assets or Property affected by the termination as is necessary to satisfy all local, state, or federal requirements in effect at that time and necessary to restore the Assets or Properties.
Except as described in Schedule 2.11 to this Agreement, to the best knowledge of Seller, it is not in violation of or in default under any Law or Order applicable to such Company or any of its Assets or Properties.
There are no Liens for Taxes upon the Assets or Properties of the Company or any Subsidiary (except for inchoate Liens for Taxes not yet due and payable).
The fair market value of the Assets or Properties held under each Employee Pension Benefit Plan exceeds the actuarially determined present value of all accrued benefits of such Benefit Plan (whether or not vested) determined on an ongoing-Benefit Plan basis.
No Person other than EPI, EOI or ECI owns or possesses any mate- rial Assets or Properties that have been used in the Business, other than Persons who have granted to EPI, EOI, ECI or their respective predecessors leasehold interests in or valid licenses to use other Assets or Properties used in the Business pursuant to Contracts that are listed on Schedule 6.19.