Common use of Necessary Properties Clause in Contracts

Necessary Properties. All properties and assets occupied by, used in or necessary to the conduct of the Business, other than the Retained Assets, are included in the Purchased Assets and are being sold, transferred, assigned and conveyed by the Company to Purchaser pursuant to this Agreement. The Purchaser's ability to use the Purchased Assets in the conduct of the Business will not be prohibited or otherwise impaired by the consummation of the transactions contemplated in this Agreement or the other Purchase Agreements.