Conveyance Agreements definition
Examples of Conveyance Agreements in a sentence
Such Affiliated Originator has all requisite corporate power and authority to own and operate its properties, to carry out its business as presently conducted and as proposed to be conducted, to enter into and discharge its obligations under this Agreement and the Conveyance Agreements.
The Originator has all requisite organizational power and authority to own and operate its properties, to carry out its business as presently conducted and as proposed to be conducted, to enter into and discharge its obligations under this Agreement and the Conveyance Agreements.
The Company will, upon execution and delivery of the Conveyance Agreements, succeed in all material respects to the business, assets, properties, liabilities and operations reflected by the pro forma financial statements of the Company, except as disclosed in the Prospectus.
The Conveyance Agreements will be, as of the Closing Date, legally sufficient to transfer or convey to the Company all properties not already held by it that are, individually or in the aggregate, required to enable the Company to conduct its operations (in all material respects as contemplated by the Prospectus), subject to the conditions, reservations and limitations contained in the Conveyance Agreements and those set forth in the Prospectus.
The Company will, upon execution and delivery of the Conveyance Agreements on the Closing Date, succeed in all material respects to the business, assets, properties, liabilities and operations reflected by those pro forma financial statements of the Company other than $1,000,000 in cash or cash equivalents being retained in Old Services.