Common use of Description of Excluded Assets Clause in Contracts

Description of Excluded Assets. Seller shall not sell, convey, transfer or assign to Purchaser, and Purchaser shall not purchase or acquire from Seller, any of the following assets, which shall remain the sole and exclusive property of Seller (collectively, the "Excluded Assets"):

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Union Plaza Hotel & Casino Inc), Agreement of Purchase and Sale (Union Plaza Hotel & Casino Inc)

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Description of Excluded Assets. Seller shall not, and shall not cause its subsidiaries or affiliates to, sell, convey, transfer or assign to PurchaserBuyer, and Purchaser Buyer shall not purchase or acquire from Seller, any of the following assets, which shall remain the sole and exclusive property of Seller (collectively, the "Excluded Assets"):

Appears in 2 contracts

Samples: Asset and Land Purchase Agreement (Sun International Hotels LTD), Asset and Land Purchase Agreement (Starwood Hotels & Resorts)

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