ORI Assets definition

ORI Assets mean all properties, assets, privileges, powers, rights, interests and claims of every type and description that are owned, leased, held, used or useful in ORI’s business and in which ORI has any right, title or interest or in which ORI acquires any right, title or interest on or before the Closing Date, wherever located, whether known or unknown, and whether or not now or on the Closing Date on the books and records of ORI, but excluding any of the foregoing, if any, transferred prior to the Closing pursuant to this Agreement or any Related Documents.
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Examples of ORI Assets in a sentence

  • There are no outstanding judgments or orders against or otherwise affecting or related to ORI, ORI Business or ORI Assets; and (ii) there is no action, suit, complaint, proceeding or investigation, judicial, administrative or otherwise, that is pending or, to ORI’s knowledge, threatened that, if adversely determined, would have Material Adverse Effect on ORI or a material adverse effect on the validity, binding effect or enforceability of this Agreement or the Related Documents.

  • ORI shall provide to ORACO and its Representatives such financial, operating and other documents, data and information relating to ORI, ORI Business and ORI Assets and Liabilities of ORI, as ORACO or its Representatives may reasonably request.

Related to ORI Assets

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.