Common use of Acquired Assets and Excluded Assets Clause in Contracts

Acquired Assets and Excluded Assets. (a) The term "ACQUIRED ASSETS" means all the right, title and interest of Seller and Seller Sub in all the business, properties, assets, goodwill and rights of Seller and Seller Sub of whatever kind and nature, real or personal, tangible or intangible, that are owned, controlled, leased or licensed by Seller or Seller Sub on the Closing Date and used, held for use or intended to be used primarily in the operation or conduct of the Business, other than the Excluded Assets, including:

Appears in 1 contract

Sources: Asset Purchase Agreement (Broadwing Inc)

Acquired Assets and Excluded Assets. (a) The term "ACQUIRED ASSETS" means all the right, title and interest of Seller and Seller Sub in all the business, properties, assets, goodwill and rights of Seller and Seller Sub of whatever kind and nature, real or personal, tangible or intangible, including those set forth on the Schedules hereto that are owned, controlled, leased or licensed by Seller or Seller Sub on the Closing Date (as defined in Section 2.01) and used, held for use or intended to be used primarily in the operation or conduct of the Business, other than the Excluded AssetsAssets (as defined in Section 1.02(b)), including:

Appears in 1 contract

Sources: Asset Purchase Agreement (Mercury Computer Systems Inc)