Logging Business definition
Logging Business means the business operated by Logging prior to the date ---------------- hereof involving harvesting standing timber owned by the Company and transporting, merchandising, storing and reselling logs and pulpwood.
Examples of Logging Business in a sentence
Except as set forth in Section 2.3, ------------------- Purchaser hereby agrees to assume, satisfy or perform when due all of the liabilities and obligations (known or unknown, absolute, accrued, contingent or otherwise) of Logging as of the Closing Date arising from the operation of the Logging Business prior to the Closing Date, including, without limitation, obligations of Logging with respect to Debts and current liabilities of Logging as of the Closing Date (the "Assumed Liabilities").