Assets Used in the Business Sample Clauses

Assets Used in the Business. (a) Except as set forth on Schedule 5.21, the facilities and the other assets and property owned or leased by the Companies currently used in the conduct of the Business are in good operating condition and repair in all material respects, subject to normal wear and tear, and are suitable in all material respects for the purposes for which they are currently used. (b) There are no condemnation proceedings pending or, to the Knowledge of Seller, threatened with respect to the facilities comprising the Business.

Assets Used in the Business. The Assets constitute all of the assets, properties and rights used in the conduct of the Business, other than the Excluded Assets. The Sellers are the sole owners of the Assets and Assumed Liabilities. Immediately following the Closing, no Seller Entity (or any subsidiary thereof) will own or lease any assets, properties or rights which are used in or are necessary for the conduct of the Business, other than the Excluded Assets.

Assets Used in the Business. Except for the Excluded Assets, the Assets to be Acquired constitute all of the rights, properties, privileges and other assets used in the conduct of the Business as conducted by Seller since its acquisition of the Business in January 2000.

Assets Used in the Business. Except as set forth on Schedule 4.13, the Acquired Assets are the only material assets used by Seller to conduct the Business. Seller has caused the Acquired Assets to be maintained in accordance with normal business practice and all the Acquired Assets are in good operating condition and repair (ordinary wear and tear excepted) and are suitable for the purposes for which they have been used.

Assets Used in the Business. The assets of the Company as of the Closing constitute all of the assets (real or personal), properties, licenses, rights and agreements which are used in the conduct of the business of the Company, as presently conducted, and include all assets, properties, licenses, rights and agreements reasonably necessary to conduct the business of the Company in substantially the same manner as it has been historically conducted and conducted as of the date hereof.

Assets Used in the Business. Except for the Excluded Assets, the Assets constitute all of the material assets and properties used primarily in the conduct of the Business as presently conducted. Except for the Excluded Assets, there are no assets or properties used in the conduct of the Business as presently conducted which, individually or in the aggregate, are

Assets Used in the Business. Except as set forth in this agreement and Addendum A, there are no assets not included in the Assets which individually or in the aggregate are material to the conduct of the Business as presently conducted.

Assets Used in the Business. After giving effect to the Restructuring Transactions, the assets, properties, rights and interests of the Company and its Subsidiaries, together with (i) the assets and rights which are contemplated to be provided to the Company and/or its Subsidiaries pursuant to the Ancillary Agreements and (ii) the assets and rights used by Seller on behalf of the Company and/or its Subsidiaries which Purchaser or its Subsidiaries elect not to receive, constitute in all material respects all assets, properties, rights and interests of the Company or its Subsidiaries used in the Business as of the date hereof; provided, that the foregoing is subject to the limitation that certain transfers, licenses, sublicenses, leases and subleases (as the case may be) of the assets, properties, rights and interests of the Company and its Subsidiaries may require the consent of a third party which has not been obtained.

Assets Used in the Business. Except as disclosed in Schedule 4.9, the Acquired Assets constitute all of the assets or property used or held for use in the Business necessary to conduct the Business as the same is now being conducted in all respects.