Examples of Excluded Business Assets in a sentence
The North American Business Assets constitute in all material respects all Assets necessary for the North American Business Entities to conduct the North American Business in the manner conducted during the three (3) months prior to the date hereof, other than such business or operations arising out of or resulting from use of the Excluded Business Assets.
A General Conveyance and Assignment of Contracts and Licenses and Permits and Intangible Assets assigning and conveying to Purchaser the Improvements located at the Skylift Premises and those Contracts and Licenses and Permits and Intangible Assets relating to the Skylift Assets which are not Excluded Business Assets on the terms set forth therein.
The Company Group Entities will have, as of the Closing, good and valid title to (or valid leases or licenses in respect of) all the Business Assets and Services and each other assets and services held, owned or leased by or provided to a Seller Group Entity or Company Group Entity, that are material to the Business, other than the Business IP Assets and the Excluded Business Assets and Services, in each case free and clear of all Encumbrances.
Notwithstanding anything to the contrary in this Agreement or in the LLC Agreement, the SK JDA and any assets related to the SK Tank Farm Project that would otherwise be Project Assets will be excluded from the Project Assets at the Closing and will be deemed Excluded Business Assets.
To use and enjoy Common Facilities, subject to Association Rules and fees, and to extend those same rights to the member’s family, guests, and tenants.
Excluded Business Personnel remain employees of Inacom and Excluded Business Assets become Excluded Assets at the Closing Date.
Any assets of the Seller (a) that are used or held by the Seller primarily in connection with its businesses, operations or activities other than the US Business; or (b) constitute "Excluded Business Assets" as defined in the Purchase Agreement.
Only three of the ten ‘heads’ are placed correctly without hesitation, and at least in one case (“oxidation/reduction peaks”), T says he knows due to knowledge of the subject, i.e. it is not knowledge of the underlying rule that guides his choice.
Except as expressly set forth in Section 2.1 above, the Assets do not include, Seller is not selling and Buyer and its Affiliates are not purchasing, any other assets of Seller, including but not limited to those assets of Seller set forth on Schedule 2.2 (the “Excluded Business Assets”) notwithstanding that the Excluded Business Assets may otherwise be primarily related to the Product Line (collectively, the “Excluded Assets”), the ownership of which will be retained by Seller following the Closing Date.