QV Assets definition

QV Assets has the meaning set forth in Section 7.1(k).
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Examples of QV Assets in a sentence

  • At the Closing, Whitney shall purchase the QV Assets from Quantum for $100,000 in cash by wire transfer of immediately available funds as set forth in Sections 7.1(k) and 7.2(e).

  • Quantum shall have executed and delivered a ▇▇▇▇ of Sale in the form of Exhibit A ("▇▇▇▇ of Sale"), conveying title to the assets described on Exhibit A (the "QV Assets") to Whitney in exchange for Whitney's payment of $100,000 in cash to Quantum by wire transfer of immediately available funds.

  • The assets reflected on the Latest Balance Sheet and the QV Assets constitute all of the assets, properties and other rights used in the conduct of the Business.

  • The Company's machinery, equipment and other tangible assets have been maintained in good working condition (normal wear and tear excepted) and, together with the QV Assets, are sufficient for the conduct of the Business.

  • Whitney shall have delivered to Quantum $100,000 in cash by wire transfer of immediately available funds in exchange for the QV Assets pursuant to the ▇▇▇▇ of Sale.

  • The Company's assets and the QV Assets are sufficient to conduct the Business as presently conducted.