SAS Assets definition

SAS Assets means the property and assets of SAS as a going concern, of every kind and description and wheresoever situated.
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Examples of SAS Assets in a sentence

  • Supplier understands and agrees that SAS owns or controls all assets, images, marketing collateral, and other materials that SAS and its authorized contractors provide to Supplier (“SAS Assets”), including any SAS Assets provided via SAS’ electronic asset management system, and that Supplier has no right or interest to use the SAS Assets other than to perform the Services hereunder.

  • Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby will conflict with or result in any breach of any of the terms or provisions of, or constitute a default under, the constating documents, director or shareholder minutes of SAS, or any agreement or instrument to which SAS is a party or by which SAS or the SAS Assets are bound or any order, decree, statute, regulation, covenant or restriction applicable to SAS.

  • SAS is a corporation duly incorporated and validly existing under the laws of the Province of British Columbia and is in good standing with respect to the filing of annual returns, and has the power, authority and capacity to enter into this Agreement, to carry out its terms and has all necessary corporate power to own the SAS Assets and to conduct its business as such business is now being conducted.

Related to SAS Assets

  • 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;

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

  • Gross Assets means the total of fixed assets and current assets;

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

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