Common use of MUS Excluded Assets Clause in Contracts

MUS Excluded Assets. Notwithstanding Section 1.1(b)(i), the following Assets shall not be included in the MUS Contributed Assets: (A) any Asset listed on Schedule 1.1(b)(iii), (B) all membership and trading privileges held or used by MUS to the extent not transferable and (C) any Asset otherwise expressly contemplated by any provision of this Agreement not to be contributed to MUSBJ (collectively, the “MUS Excluded Assets”); and