Common use of Assets Not Acquired Clause in Contracts

Assets Not Acquired. Seller shall retain all assets set forth on Schedule 1.1(b), (collectively, the "Excluded Assets") including but not limited to (i) all cash and cash equivalents as of the Closing Date (collectively, the "Cash Equivalents") and (ii) all assets rejected by Buyer pursuant to Section 1.1(a).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Asa International LTD), Asset Purchase Agreement (Powercerv Corp)

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Assets Not Acquired. Seller shall retain all assets set forth on Schedule 1.1(b), (collectively, the "Excluded Assets") including but not limited to (i) all cash and cash equivalents as of the Closing Date (collectively, the "Cash Equivalents") and (ii) all assets rejected by Buyer pursuant to Section 1.1(a)Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Photogen Technologies Inc), Asset Purchase Agreement (Alliance Pharmaceutical Corp)

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Assets Not Acquired. Seller shall retain all assets set forth on Schedule 1.1(b), (collectively, the "Excluded AssetsEXCLUDED ASSETS") including but not limited to (i) all cash and cash equivalents as of the Closing Date (collectively, the "Cash EquivalentsCASH EQUIVALENTS") and (ii) all assets rejected by Buyer pursuant to Section 1.1(a).

Appears in 1 contract

Samples: Asset Purchase Agreement (Powercerv Corp)

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