Necessary Properties Clause Samples

Necessary Properties. The applicable member of the Company Group owns or possesses sufficient legal rights to any and all properties reasonably necessary for the conduct of its business as now conducted.

Necessary Properties. All properties and assets occupied by, used in or necessary to the conduct of the Business as historically conducted by Seller and as contemplated by Purchaser to be conducted from and after the Effective Time, other than the Excluded Assets, are included in the Purchased Assets and are being sold, transferred, assigned and conveyed by Seller to Purchaser pursuant to this Agreement. Neither Purchaser’s ability to use the Purchased Assets in the conduct of the Business nor Purchaser’s ability to conduct the Business, in each case as historically conducted by Seller, will be prohibited or otherwise impaired by the consummation of the transactions contemplated hereby.

Necessary Properties. Except for the Real Property, the Purchased Assets include all of the assets, real properties, tangible personal properties and intangible properties necessary for the conduct of the Business as conducted during the twelve-month period prior to the date hereof, as presently conducted and as proposed to be conducted and include substantially all of those properties actually used in the conduct of such businesses during the twelve-month period prior to the date hereof.

Necessary Properties. As of the date hereof, the Assets, include all of the assets, real properties, tangible personal properties and intangible properties necessary for the conduct of the Business as conducted during the twelve (12) month period prior to the date hereof, as presently conducted and as proposed to he conducted and include substantially all of those properties actually used in the conduct of the Business during the twelve (12) month period prior to the date hereof.

Necessary Properties. As of the date hereof, the Real Property, -------------------- Tangible Personal Property and Intellectual Property of Allstate include all of the real properties, tangible personal properties and intangible personal properties necessary for the conduct of its business as conducted during the 12- month period prior to the date hereof, as presently conducted include substantially all of those properties actually used in the conduct of such business during the twelve-month period prior to the date hereof.

Necessary Properties. 26 Section 3.27

Necessary Properties. 35 Section 6.16 Insurance.......................................................................................35 Section 6.17

Necessary Properties. The Assets are sufficient for the continued conduct of the Business as presently conducted and as proposed to be conducted and the greenfield sites referred to in the definition of Assets are zoned for the construction, operation and/or development of ethanol and/or biodiesel alternative energy facilities with a capacity of approximately 100,000,000 gallons of ethanol and/or biodiesel per year per plant.

Necessary Properties. The Tangible Personal Property and Intellectual Property of the Company include all of the tangible personal properties and intangible personal properties necessary for the conduct of the Business as conducted during the twelve (12) month period prior to the date hereof, as presently conducted and as proposed to be conducted and include substantially all of those properties actually used in the conduct of such business during the twelve (12) month period prior to the date hereof.