Common use of Necessary Properties Clause in Contracts

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. Except for the Real Property, the 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-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 businesses during the twelve-twelve (12) month period prior to the date hereof.