Colorado Facility definition
Examples of Colorado Facility in a sentence
In addition, at the Colorado Facility Closing (as hereinafter defined), the parties shall make the prorations and adjustments provided in Article 10 with respect to the Colorado Facility Assets.
Seller has performed all the obligations required to be performed by it with respect to all assets leased by it through the date hereof, except where the failure to perform would not in any material respect interfere with or impair the present and continued use thereof in the usual and normal conduct of the Business or operation of the Colorado Facility.
The Purchased Assets, including the Facility Intellectual Property, together with the assets subject to the GE Capital Lease, upon assignment to Purchaser of the Real Estate Lease, are sufficient for operation of the Colorado Facility and the conduct of the Business as currently operated or conducted.
Except as set forth on in Section 5.8 of the Seller Disclosure Schedule, Seller is not subject to any outstanding judgment, rule, order, writ, injunction or decree of any Governmental Authority relating to the Business, the operations or activities of the Colorado Facility or the Purchased Assets.
Seller has all licenses, certificates of occupancy, permits and authorizations required to conduct the Business and to operate the Colorado Facility as currently conducted or operated.
No claim has ever been made by any Governmental Authority in a jurisdiction where Seller does not file Tax Returns relating to the Business, the Colorado Facility or the Purchased Assets that it is or may be subject to taxation by that jurisdiction.
Neither the whole nor any portion of the Colorado Facility has been condemned, requisitioned or otherwise taken by any Governmental Authority and no notice of any such condemnation, requisition or taking has been received.
The Parties acknowledge and agree that the Buyer will not have any obligation to offer employment to, or employ, Clarence, Shirley, ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, and/or any other individual who immediately prior to the Closing Date was employed by the Company to perform services primarily in California or at any other location other than the Colorado Facility, the Texas Facility or ▇▇▇▇▇▇ Air Force Base in Nebraska.
The closing with respect to the Colorado Facility Assets (“Colorado Facility Closing”) shall be extended until the fifth business day after the date that Buyer obtains the Colorado Operator Licenses (“Colorado Facility Closing Date”).
Except as otherwise contemplated by this Agreement, since June 30, 2004, (a) the Business and the operations and activities of the Colorado Facility have been conducted in all respects in the ordinary course; and (b) there has been no event or occurrence that has caused, or, to the Knowledge of Seller, is likely to cause, a Material Adverse Effect or that may result in any Encumbrance on any Purchased Assets other than a Permitted Encumbrance.