Examples of Assigned and Assumed Contracts in a sentence
At closing, subject to any limits on assignment thereof, MONY shall assign to AEGON all of MONY's rights to limit or prohibit the disclosure of confidential information related to the Business under existing confidentiality agreements, and MONY's rights to limit or prohibit the disclosure of confidential information related to the Business under such agreements shall be included in the Assigned and Assumed Contracts.
The Transferred Assets, and all assets leased or used by MONY pursuant to any of the Assigned and Assumed Contracts or to be used by AUSA Life pursuant to the Transition and Computer Services Agreement, include all assets of the Business necessary to conduct the Business substantially as it is now being conducted.
Schedule 4.24(b) lists all Contracts, Intellectual Property Rights and other assets of Seller, FGWLA and CLAC which are used in the Business as presently conducted, are material to the conduct of the Business and not included in the Transferred Assets, the Assigned and Assumed Contracts, the Insurance Contracts, the Assumed Reinsurance Agreements or the Administered Contracts, other than the Excluded Assets, the Owned Generally Used Software, the Licensed Generally Used Software and the Producer Contracts.
Except as listed on Schedule 3.05 hereto, to MONY's knowledge, MONY is not in default in any material respect under any Assigned and Assumed Contracts.
Pending such authorization, approval, consent or waiver, the parties shall cooperate with each other in any mutually agreeable, reasonable and lawful arrangements designed to provide to Purchaser substantially the same economic benefits of any such Assigned and Assumed Contracts and Licensed Software.