Business Assets definition

Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

Business Assets means all business and marketing plans, worldwide marketing rights, software, customer and supplier lists, price lists, mailing lists, customer and supplier records and other confidential or proprietary information relating to the Technology, as well as all computers, office equipment and other tangible personal property owned (i.e., not leased) by Assignor immediately prior to the execution and delivery of this Agreement and primarily used in or otherwise primarily related to the Business.

Business Assets shall have the meaning ascribed to such term in Section 2.2.

Examples of Business Assets in a sentence

• In accordance with Section 2.1, as consideration for the Business Assets, Lennar shall receive a number of shares of SpinCo Common Stock equal to the Distribution Date Shares and any Supplemental Lennar Shares, as applicable.

• The total consideration for the Business Assets shall be the Distribution Date Shares, as supplemented by the Supplemental Lennar Shares (as applicable).

• Other than with respect to the matters set forth on Schedule 4.13, as of the Execution Date: (a) there is no claim outstanding under any such insurance policy related to the Target Companies, Business Assets or operations of the Business; and (b) none of the Target Companies have received any written notice from any insurer or reinsurer of any reservation of rights with respect to pending or paid claims.

• For the avoidance of doubt: (i) any agreements to effect the Pre-Closing Restructuring shall not have any effect on the value being given or received by Sellers or Buyer; (ii) any Transferred Assets shall be deemed Business Assets; and (iii) the Pre-Closing Restructuring shall not involve the transfer of any Business Assets that are already owned or held by one of the Target Companies.

• The books and records of the Target Companies and their Affiliates (in the case of Affiliates, to the extent related to the Business or the Business Assets) have been maintained in all material respects in accordance with applicable Law (including, where applicable, GAAP) and comprise in all material respects all of the books and records relating to the ownership and operation of the Business Assets and the Business.

More Definitions of Business Assets

Business Assets the assets of the Business as set out in Schedule 21A;

Business Assets means all of the assets of the Company immediately prior to the Effective Time other than shares of its subsidiaries, its interest in the Partnership and any inter-company receivables.

Business Assets has the meaning set forth in Section 3.7(a).

Business Assets means (a) the assets, properties and rights of the Purchased Companies (in each case, except to the extent a Separation Asset) and (b) the Acquired Assets.

Business Assets means, in relation to each Business, all the property, undertaking, benefits, title, rights and assets of the relevant Business Seller, including, without limitation, the categories of assets set out in part 2 of schedule 1 and excluding only the Excluded Assets;

Business Assets. (“asedau busnes”) means assets that WRA has reason to believe are owned, leased or used in connection with the carrying on of a business by any person, but does not include documents;

Business Assets has the meaning ascribed thereto in Section 1.1.