Common use of Purchase and Sale of the Purchased Assets Clause in Contracts

Purchase and Sale of the Purchased Assets. Section 2.1 Purchase and Sale 9 Section 2.2 Entitlement to Payments 10 Section 2.3 Purchase Price 10 Section 2.4 No Assumed Obligations 11 Section 2.5 Excluded Assets 11 Section 3.1 Organization 11 Section 3.2 No Subsidiaries 11 Section 3.3 Seller Authorization 11 Section 3.4 Governmental and Third Party Authorizations 12 Section 3.5 Ownership 12 Section 3.6 Solvency 12 Section 3.7 No Litigation 13 Section 3.8 Compliance with Laws 13 Section 3.9 No Conflicts 13 Section 3.10 Intellectual Property Rights 14 Section 3.11 Regulatory Approval, Manufacturing and Marketing 15 Section 3.12 No Subordination 15 Section 3.13 Counterparty Agreements. 15 Section 3.14 Set-off and Other Sources of Royalty Reduction 16 Section 3.15 UCC Matters 17 Section 3.16 Tax Matters 17 Section 3.17 Margin Stock 17

Purchase and Sale of the Purchased Assets. Section 2.1 Purchase and Sale 9 11 Section 2.2 Entitlement to Payments 10 12 Section 2.3 Purchase Price 10 12 Section 2.4 No Assumed Obligations 11 12 Section 2.5 Excluded Assets 11 13 Section 3.1 Organization 11 13 Section 3.2 No Subsidiaries 11 Seller Authorization 13 Section 3.3 Seller Authorization 11 Section 3.4 Governmental and Third Party Authorizations 12 13 Section 3.4 Ownership 14 Section 3.5 Ownership 12 Solvency 14 Section 3.6 Solvency 12 No Litigation 14 Section 3.7 No Litigation 13 Section 3.8 Compliance with Laws 13 15 Section 3.8 No Conflicts 15 Section 3.9 No Conflicts 13 Section 3.10 Intellectual Property Rights 14 16 Section 3.11 3.10 Regulatory Approval, Manufacturing and Marketing 15 18 Section 3.11 No Subordination 18 Section 3.12 No Subordination 15 Counterparty License Agreement and UAB Agreement. 18 Section 3.13 Counterparty Agreements. 15 Section 3.14 Set-off and Other Sources of Royalty Reduction 16 20 Section 3.14 UCC Matters 20 Section 3.15 UCC Tax Matters 17 20 Section 3.16 Tax Matters 17 UAB Agreement 20 Section 3.17 Margin Stock 1721 Section 3.18 Disclosure 21

Purchase and Sale of the Purchased Assets. Section 2.1 Purchase and Sale 9 10 Section 2.2 Entitlement to Payments 10 Purchase Price 12 Section 2.3 Purchase Price 10 Section 2.4 No Assumed Obligations 11 12 Section 2.4 Excluded Assets 12 Section 2.5 Excluded Assets 11 Power of Attorney 13 Section 3.1 Organization 11 13 Section 3.2 No Subsidiaries 11 Conflicts 14 Section 3.3 Seller Authorization 11 14 Section 3.4 Ownership 15 Section 3.5 Governmental and Third Party Authorizations 12 Section 3.5 Ownership 12 15 Section 3.6 Solvency 12 No Litigation 15 Section 3.7 No Litigation 13 Solvency 16 Section 3.8 Tax Matters 16 Section 3.9 No Brokers’ Fees 16 Section 3.10 Compliance with Laws 13 16 Section 3.9 No Conflicts 13 Section 3.10 3.11 Intellectual Property Rights 14 Matters 16 Section 3.11 3.12 Regulatory Approval, Manufacturing and Marketing 15 Section 3.12 No Subordination 15 18 Section 3.13 Counterparty Agreements. 15 License Agreement 19 Section 3.14 Profit Sharing Arrangements 21 Section 3.15 UCC Matters 21 Section 3.16 Set-off and Other Sources of Royalty Reduction 16 Section 3.15 UCC Matters 17 Section 3.16 Tax Matters 17 21 Section 3.17 Margin Stock 17Investment Company Status 22

Purchase and Sale of the Purchased Assets. Section 2.1 Purchase and Sale 9 Sale. 10 Section 2.2 Entitlement to Payments 10 Purchase Price 11 Section 2.3 Purchase Price 10 Section 2.4 No Assumed Obligations 11 Section 2.5 2.4 Excluded Assets 11 Section 3.1 Organization 11 Section 3.2 No Subsidiaries 11 Conflicts. 12 Section 3.3 Seller Authorization 11 12 Section 3.4 Ownership 12 Section 3.5 Governmental and Third Party Authorizations 12 Section 3.5 Ownership 12 13 Section 3.6 Solvency 12 Section 3.7 No Litigation 13 Section 3.7 Solvency 13 Section 3.8 Tax Matters 14 Section 3.9 No Brokers’ Fees 14 Section 3.10 Compliance with Laws 13 Section 3.9 No Conflicts 13 Section 3.10 Intellectual Property Rights 14 Section 3.11 Intellectual Property Matters. 14 Section 3.12 Regulatory Approval, Manufacturing and Marketing 15 Section 3.12 No Subordination 15 Marketing. 16 Section 3.13 Counterparty AgreementsLicense Agreement. 15 16 Section 3.14 UCC Matters 19 Section 3.15 Set-off and Other Sources of Royalty Reduction 16 Section 3.15 UCC Matters 17 19 Section 3.16 Tax Matters 17 Section 3.17 Margin Stock 1719