Examples of Divested Assets in a sentence
In addition, Aytu assumed future contractual obligations under existing license agreements associated with the Divested Assets.
In addition, all actions, causes of action, claims or proceedings only with respect to or in connection with the Plan of Arrangement, based on or in any way relating to the Hydrogenics Shares, the Hydrogenics RSUs, the Hydrogenics DSUs, the Hydrogenics Options, the Divested Assets and the Assumed Liabilities will be deemed to have been settled, compromised, released and determined without liability except as set forth in the Plan of Arrangement.
No representation, warranty or condition is expressed or can be implied as to title, encumbrances, description, fitness and purpose, merchantability, condition, assignability, collectability, quantity, outstanding amount, value or quality or in respect of any other matter or thing whatsoever concerning the Divested Assets or the right of the Vendor to sell same.
If any governmental agency requires either Party (the "Divesting Party") (including, but not limited to pursuant to a consent decree) to divest its interest to any Licensed Products or this Agreement (the "Divested Asset(s)"), the Divesting Party shall provide written notice of such a requirement to the other Party within thirty (30) days of its first notice of such a condition that has been made final.
The Purchaser further acknowledges that it will conduct such inspections of the condition of and title to the Divested Assets as it deems appropriate and that it will satisfy itself with regard to these matters.