Retained Assets and Retained Liabilities. Section 3.01; Retained Assets: The following assets of Seller (collectively, the “Retained Assets”) are not subject to the sale and purchase contemplated by this Agreement, are excluded from the Transferred Assets, and shall be retained by Seller (and if an asset which by its nature, function or purpose is a Retained Asset mistakenly is shown on a Schedule referred to in Section 1 above, such asset still shall be deemed to be a Retained Asset and shall be excluded from the Transferred Assets and shall be retained by Seller):
Appears in 4 contracts
Samples: Asset Purchase Agreement (Alion Science & Technology Corp), Asset Purchase Agreement (Alion Science & Technology Corp), Asset Purchase Agreement (Alion Science & Technology Corp)