Common use of Shell Contributed Assets Clause in Contracts

Shell Contributed Assets. With such exceptions as would not, individually and in the aggregate, have a Company Material Adverse Effect, except for the Shell Excluded Assets and the Shell Intellectual Property Rights, the Shell Contributed Assets constitute all of the assets used for or necessary to the operation of the Shell Valuated Units in the ordinary course of business and in substantially the same manner as such Shell Valuated Units were operated as of December 1, 1997.

Appears in 4 contracts

Samples: Asset Transfer Agreement (Shell Oil Co), Asset Transfer and Liability Assumption Agreement (Texaco Inc), Asset Transfer and Liability Assumption Agreement (Texaco Inc)

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