Necessary Property and Transfer of Assets. The Property constitutes all property and property rights now used or necessary for the conduct of the Company's business in the manner and to the extent presently conducted by the Company. Except as provided in Schedule 2.10, there exists no condition, restriction or reservation affecting the title to or utility of the Property or that would prevent the Company from enforcing its rights with respect to the Property after the Closing to the same full extent that it might continue to do so if the sale and transfer contemplated hereby did not take place.
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Necessary Property and Transfer of Assets. The Property constitutes all property and property rights now used or necessary for the conduct of the Company's business in the manner and to the extent presently conducted by the Company. Except as provided in Schedule 2.10, there exists no condition, restriction or reservation affecting the title to or utility of the Property or that would prevent the Company from enforcing its rights with respect to the Property after the Closing to the same full extent that it might continue to do so if the sale and transfer contemplated hereby did not take place.
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Sources: Merger Agreement (Tekelec)
Necessary Property and Transfer of Assets. (a) The Property constitutes all property and property rights now used in or necessary for the conduct of the Company's business in the manner and to the extent presently conducted by the CompanyBusiness. Except as provided in Schedule 2.103.9(a), there exists no condition, restriction or reservation affecting the title to or utility of the Property Property
(b) Except as provided in Schedule 3.9(b), there exists no condition, --------------- restriction or reservation that would prevent the Company from enforcing its rights with respect to the Property after the Closing to the same full extent that it they might continue to do so if the sale and transfer contemplated hereby did not take place.
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