Assets Defined Sample Clauses

The "Assets Defined" clause establishes a clear and comprehensive description of what constitutes the assets involved in a transaction or agreement. It typically lists or categorizes the specific items, rights, or properties that are included or excluded, such as equipment, intellectual property, inventory, or contractual rights. By precisely defining the scope of assets, this clause ensures both parties have a mutual understanding of what is being transferred or referenced, thereby reducing the risk of disputes and misunderstandings regarding the subject matter of the agreement.
Assets Defined. As used in this Agreement, the term “Assets” means, collectively, all of the tangible and intangible assets, rights and properties owned by or licensed or leased to Company including all of the Company’s rights, claims and interests in or to all know how, processes, technical data and techniques with respect to the manufacturing processes for the Business which are used in or with respect to the Business at all that portion of the Company’s facility in Penang known as Plant 2, ▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ erected on all that piece of land known as ▇▇▇ ▇▇. ▇.▇. ▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ held under Suratan Hakmilik Sementara No. H.S.(D) 7817, which said portion measures approximately 84,000 square feet in area and more particularly delineated and coloured RED in the Floor Plans annexed hereto as Exhibit B (the “Premises”), as the same exists on the Closing Date as stated below:
Assets Defined. As used in this Agreement, "Assets" means all of the -------------- assets, properties, privileges, claims and rights of every kind and nature, tangible and intangible, absolute or contingent, of Seller and its Subsidiaries, including the following items and excluding only the Excluded Assets:
Assets Defined. As used in this Agreement, the term "Assets" means, -------------- collectively, all of the assets, rights and properties of Seller described in the following paragraphs of this Section 1.2, except for the Excluded Assets (as ------ defined in Section 1.3 below):
Assets Defined. The Real Estate, Improvements, Personal Property, -------------- Leases, Intangible Property, Consumables Inventory and Interests are sometimes collectively referred to herein as the "Assets".
Assets Defined. As used in this Agreement, the term "ASSETS" means, collectively, all of the tangible and intangible assets, rights and properties owned by or licensed or leased to Company which are used in or with respect to the Business wherever situated, as the same exists on the Closing Date, which include without limitation the following (but which will exclude any Excluded Assets):
Assets Defined. The assets to be conveyed to Purchaser shall include all personal tangible and intangible assets, properties, rights and business owned by Selling Parties of whatever description that relate in any way to the ownership, use or operation of the TCC Business, except assets specifically excluded pursuant to Section 1(c) hereof, but including all property and rights acquired or obtained by either of the Selling Parties from the date hereof through the Closing that relate to the TCC Business, (collectively, the "Assets"). Such Assets shall include, without limitation:
Assets Defined. As used in this Agreement, the term "ASSETS" means, collectively, all of the assets, rights and properties of Seller described in the following paragraphs of this Section 1.2; PROVIDED, HOWEVER, that, notwithstanding anything to the contrary set forth in this Agreement or any agreement, document, schedule or exhibit relating hereto, "Assets" expressly excludes any assets of CyberGuard (i) owned by CyberGuard before the Prior Acquisition Date or (ii) which are owned by CyberGuard and are not related primarily to the Business, in either case unless such assets are specifically referenced and identified on the Schedules hereto.
Assets Defined. As used in this Agreement, the term "Assets" shall -------------- mean the following tangible and intangible assets, rights and properties owned by or licensed or leased to Seller wherever situated, as the same exists on the Closing Date: (a) Cash. $6,000,000, in immediately available funds (the "Cash"). ---- (b) Customer Lists, Marketing Information. All of Seller's customer ------------------------------------- lists (whether current or prior) and customer account histories (including in electronic format) (i) containing the information set forth in the "schemas" attached hereto as Schedule 2.2(b) for customers or prospective customers of the --------------- Business Verticals, (ii) subject to the restrictions set forth on Schedule -------- 2.2

Related to Assets Defined

  • UCC Definitions Unless otherwise defined herein or the context otherwise requires, terms for which meanings are provided in the UCC are used in this Security Agreement, including its preamble and recitals, with such meanings.

  • Existing Definitions Section 1.2 of the Credit Agreement is hereby amended as follows:

  • Layoff Defined Layoff shall be defined as a reduction in the work force.

  • Key Definitions As used herein, the following terms shall have the following respective meanings:

  • – SCOPE & DEFINITIONS 2.01 The Employer recognizes the Union as the bargaining agent for all Registered and Graduate nurses employed by Foyer des Pionniers, at Hearst, Ontario, engaged in a nursing capacity, save and except the Director of Nursing and persons above the rank of Director of Nursing. (a) A full-time employee shall mean an employee covered by this Agreement who is committed to and regularly works the full work period of seventy- five (75) bi-weekly hours, exclusive of overtime. (b) A regular part-time employee is one who is committed to and regularly works less than the full prescribed bi-weekly hours of work. (c) A casual part-time employee means an employee who is called to work on a call in basis, but who does not work a regular schedule, or does so only for a specified period. Such employee has the option of refusing work when it is made available to her, however, it is also understood that a casual part-time employee cannot unreasonably or consistently refuse to work shifts. 2.03 Whenever the feminine pronoun is used in this agreement, it includes the masculine pronoun, where the context so requires and vice-versa. Where the singular is used, it may also be deemed to mean the plural and vice-versa.