Common use of No Excluded Assets Clause in Contracts

No Excluded Assets. Purchaser intends to acquire and Seller intends to transfer all of the assets of the Seller, and therefore there shall not be any assets, interests, or rights excluded from the Purchased Assets, and Seller shall not retain any residual right, title or interest in or to Purchased Assets, the Audio Conferencing Business, the Glyphics Software or any other asset or right related to Glyphics' products and services other than the amount of cash reflected in Section 1.8 below.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Ilinc Communications Inc)