Common use of Necessary Properties Clause in Contracts

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 Assets, 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) twelve-month period prior to the date hereof, as presently conducted and as proposed to he conducted and and, other than the Excluded Assets, include substantially all of those properties actually used in the conduct of the Business during the twelve (12) twelve-month period prior to the date hereof.