Common use of Conveyance of Certain Assets Assumption of Certain Liabilities Clause in Contracts

Conveyance of Certain Assets Assumption of Certain Liabilities. Section 2.1. Transferred Equifax Assets. Effective as of the Closing Date, and subject to Sections 2.3 and 2.4 and Article III hereof, Equifax agrees, at its expense, to transfer, or cause to be transferred, to Certegy or to a Designated Certegy Member all right, title and interest held by Equifax and/or its Affiliates as of the Closing Date in and to each of the assets identified on Exhibit B hereto, subject to the retained rights described therein. Except as set forth on Exhibit B, no other assets (other than Transferred Equifax Third Party Agreements) are being transferred by Equifax (or a member of the Equifax Group) pursuant to this Agreement.

Appears in 2 contracts

Sources: Intellectual Property Agreement (Fidelity National Information Services, Inc.), Intellectual Property Agreement (Certegy Inc)