Further Acquired Items Clause Samples
The "Further Acquired Items" clause establishes that any assets, rights, or property acquired by a party after the execution of an agreement, but which fall within the scope of the agreement, will automatically be included under its terms. For example, if a company sells its intellectual property and later develops new patents related to the original sale, those new patents would also be transferred to the buyer under this clause. This provision ensures that the agreement remains comprehensive and prevents parties from circumventing its intent by acquiring relevant assets after the fact.
Further Acquired Items. For the avoidance of doubt, it is hereby confirmed that the Security Interests (including the Jersey Security Interests) created under or pursuant to Clauses 3.1 (Funding Charged Property) to Clause 3.4 (Authorised Investments and Swap Collateral) (inclusive) are intended to be specific and fixed assignments, or specific and fixed charges over (as the case may be) the property and assets to which they relate, both present and future, including property and assets which are acquired after the date hereof.
Further Acquired Items. For the avoidance of doubt, it is hereby confirmed that the Security Interests created under or pursuant to Clause 3.1 (Trust Property) are intended to be specific and fixed charges over (as the case may be) the property and assets to which they relate, both present and future, including property and assets which are acquired after the date hereof.