Common use of Schedule of Assets Clause in Contracts

Schedule of Assets. Prior to the Closing Date, Acquired Corporation will have delivered to Purchaser a separate Schedule of Assets, specifically referring to this paragraph, containing a true and complete: (a) Legal description of all real property owned by Acquired Corporation and any real property for which Acquired Corporation has an option to purchase, or holds a leasehold interest; (b) Aged list of accounts receivable as of the Closing Date; (c) List of all capitalized machinery, tools, equipment and rolling stock owned by Acquired Corporation that sets forth any liens, claims, encumbrances, charges, restrictions, covenants and conditions concerning the listed items; (d) Description of all machinery, tools, equipment and rolling stock in which Acquired Corporation has a leasehold interest, with a description of each interest; (e) List of all Internet domain names in which Acquired Corporation has an interest, ownership or otherwise; (f) List of all patents, patent licenses, trademarks, trademark registrations, trade names, copyrights, and copyright registrations owned by Acquired Corporation, including copies thereof; and (g) List of all fire and other casualty and liability insurance policies of Acquired Corporation in effect at the time of delivery of such schedule, including copies thereof.