Legacy Assets definition

Legacy Assets means the Assets that are no longer used in the operation of the Business but that were used in the operation of the global online travel business operated under the Transferred Brand prior to January 29, 2014.
Legacy Assets means all of the Company’s and the Company’s Affiliates’ right, title and interest in and to all Intellectual Property Rights and other assets and rights related to HIL-216, including the Kangh License Agreement.
Legacy Assets means the Company’s rights, assets, technology and intellectual property in existence immediately prior to the execution of the Business Combination Agreement and relating to the Company’s drug discovery and drug development programs, including the Company’s bleeding disorder candidates and its protease therapeutic platform and programs including: SQ Marzeptacog alfa (FVIIa); SQ Dalcinonacog alfa (FIX); and CB 2679d-GT.

Examples of Legacy Assets in a sentence

  • Following the Expiration Date, if any funds remain in the Legacy Assets Maintenance Fund, then 100% of such remaining funds shall be distributed to the Rights Agent for further distribution to the Holders as though such amount constituted CVR Proceeds.


More Definitions of Legacy Assets

Legacy Assets means the assets, rights and interests held by or on behalf of Homology or any of its Subsidiaries as of the execution date of the Merger Agreement relating to Homology’s HMI-103 (Adult/Pediatric PKU), HMI-204 (MLD), Capsids and AAVHSC Platform, including any equity interests held directly or indirectly by Homology in Oxford Biomedica Solutions, LLC or its affiliates (“OXB Solutions”) pursuant to that certain Equity Securities Purchase Agreement, dated as of January 28, 2022, by and between Homology and OXB Solutions, in which Homology owns twenty percent (20%) of the fully diluted equity interests in OXB Solutions and Homology is entitled to exercise a put option to sell or transfer Homology’s equity interests in OXB Solutions set forth therein on March 10, 2025 (such interests, the “Oxford Assets”); provided that Legacy Assets shall not include any Abandoned Homology Legacy IP Rights (as defined in the Merger Agreement).
Legacy Assets means (a) the Company Intellectual Property Rights existing as of the Closing Date (excluding, for the avoidance of doubt, the intellectual property rights identified on Section 4.11(a) of the Company Disclosure Letter that the Company has determined to abandon), (b) any continuations, continuations-in-part, provisionals, continued prosecution applications, substitutions, extensions and term restorations, registrations, confirmations, reexaminations, renewals or reissues of any of the Patents included in such Company Intellectual Property Rights, (c) any patents that issue on any of the foregoing, and (d) any corresponding foreign Patents to the foregoing.
Legacy Assets the retail properties and other assets (together with any related liabilities) distributed to Legacy pursuant to the Distribution Agreement.
Legacy Assets shall consist of the assets transferred to Legacy by Excel and EDV pursuant to this Section 2.1.
Legacy Assets has the meaning given to such term in the definition of Legacy Asset Disposition.
Legacy Assets means [***].
Legacy Assets means all Owned Sites and other assets that are or may be subject to Tort Claims, Environmental Claims or Indirect Environmental Claims, which will be transferred to the Environmental Response Trusts on the Effective Date; provided, however, that Tronox may, at its expense and in accordance with applicable health and safety requirements and under the supervision of the United States and the relevant state, remove certain equipment and other assets related to Tronox’s operations from each of the Savannah, GA, Soda Springs, ID and Mobile, AL sites and transfer such equipment and assets to alternate locations to be determined by Reorganized Tronox.