Operations definition
Examples of Operations in a sentence
Until the Time of Closing, the assets utilized in Operations shall be at the risk of the Seller.
All such leases or subleases are valid and in full force and effect for conducting the Operations as now conducted, and none of the Seller Subsidiaries nor, to the Seller's knowledge, any other party thereto is in breach of any material covenants, conditions or obligations contained therein.
The Existing Insurance Policies are of the type and in the amounts customary for the Operations of each of the Seller Subsidiaries and are sufficient for compliance with all applicable Laws and Contracts to which any of the Seller Subsidiaries is a party or by which it is bound.
Each of the Seller Subsidiaries has complied in all material respects with any orders issued under OHSA in respect of the Operations and as of the Effective Date, there are no appeals of any orders by any of the Seller Subsidiaries under OHSA outstanding.
None of the Buyer nor AcquireCo is subject to any outstanding Order that, individually or in the aggregate, is reasonably likely to prevent or materially delay completion of the transactions contemplated by this Agreement, materially restrict the conduct of the Operations as currently conducted.