Bulk Gas definition
Examples of Bulk Gas in a sentence
Bulk Gas systems include distribution only for Nitrogen, Oxygen, Argon and Hydrogen.
Each party shall use its reasonable best efforts to take any and all steps necessary to obtain the FTC’s approval of the Purchaser as the buyer of the Bulk Gas Business, the Bulk Assets and Purchased Equity Interests so as to enable the Closing to occur as soon as reasonably possible.
The Seller shall provide a copy of the engagement letter between them or their Affiliate and the independent auditors of the Bulk Gas Business relating to such preparation and audit.
Schedule 4.17 includes a true, correct and complete list of all Permits that are necessary for the operation of the Bulk Gas Business substantially as conducted as of the date hereof or necessary for the current use of the Bulk Assets substantially as used as of the date hereof (the “Material Permits”).
For the purposes of this provision, capitalized terms used in this Section 13.14(b) shall have the meaning ascribed to them in the Bulk Gas Agreement.
Buyer acknowledges and agrees that EiC shall not assume any liability accrued during or incurred by Buyer under the Bulk Gas Service Agreement during the term of the Sublease Agreement.
The Bulk Assets, together with the rights and services made available in the Transaction Documents, will constitute all of the assets (real, personal or fixed), Permits, Contracts, properties and rights that are necessary for the conduct of the Bulk Gas Business immediately following the Closing in substantially the same manner as conducted as of the date hereof.
Company B is a limited partnership duly organized, validly existing and in good standing under the laws of the State of Texas and has all requisite power to own, lease and operate its assets or properties (including, if applicable, any of the Bulk Assets) and to carry on its business (including, if applicable, any portion of the Bulk Gas Business) as now being conducted.
The parties agree that the integration of the Bulk Gas Business with the Purchaser’s business and operations is the Purchaser’s responsibility and shall be at the risk of the Purchaser, and without diminishing their obligations under this Section 6.1, the Sellers make no representation or warranty or other assurance of the success of the Purchaser’s integration activities.
Except as set forth on Schedule 4.11(a)(ii), all tangible personal property and assets comprising any part of the Bulk Assets (other than the owned Real Property and the Leased Real Property) are, in all material respects, in operating condition and repair, normal wear and tear excepted, sufficient for the conduct of the Bulk Gas Business substantially as conducted as of the date hereof, other than Bulk Equipment under or out of repair in the Ordinary Course of Business.