Common use of Description of the Assets Clause in Contracts

Description of the Assets. The Assets for each Station shall include, without limitation, all of the right, title and interest of the party transferring such Assets in, to and under the items described below. The party transferring Assets is sometimes referred to herein as the "Transferring Party"; and the party acquiring and accepting Assets from the Transferring Party is sometimes referred to herein as the "Recipient Party".

Appears in 2 contracts

Sources: Asset Exchange Agreement (STC Broadcasting Inc), Asset Exchange Agreement (Hearst Argyle Television Inc)