Scheduled Assets Clause Samples

Scheduled Assets. The assets listed on Schedule 1.2.

Scheduled Assets. The assets listed on Schedule 1.2(f) of this Agreement, which Schedule will be updated as of the Closing Date for changes in amounts in the ordinary course of business between the date of this Agreement and the Closing Date.

Scheduled Assets. 2.4(a)(i) Scheduled Liabilities . . . . . . . . . . . . . . . . . . .2.4(a)(ii) Seller. . . . . . . . . . . . . . . . . . . . . . . . . . .

Scheduled Assets. The assets listed on Exhibit 2.2(e) attached hereto.

Scheduled Assets. Except as set forth in Section 2.22 of the Disclosure Schedule and except for Loans and the Transferred Assets described in Section 5.10 (a)(i) and 5.10(a)(iii), Schedule A hereto (the "Asset Schedule") sets forth a true, correct and complete list as of the date hereof of all Problem Assets. As used herein, the term "Problem Assets" shall mean (a) all Loans or other assets of the Company Bank or any of its Subsidiaries that are classified (by an examiner of a Governmental Entity or by an internal examiner) as "Special Mention," "Substandard," "Doubtful," "Loss," or otherwise adversely criticized with words of similar import or as "In-Substance Foreclosure" (including an indication of whether such asset is on accrual or non-accrual status), (b) Loans or other assets of the Company Bank or any of its Subsidiaries that are classified as non-performing or non-accrual, and (c) Loans, under the terms of which the obligor is over 90 days delinquent in payment of principal or interest or in default of any other provision. The assets reflected on the Asset Schedule are hereinafter referred to as the "Scheduled Assets."

Scheduled Assets. Company shall keep Parent apprised of any material developments on a reasonably current basis regarding the status of any divestiture efforts with respect to the Scheduled Assets or any other business (which, for the avoidance of doubt, shall be subject to Parent’s consent rights set forth in Section 5.2 with respect thereto, as applicable) and reasonably consult with Parent in connection with any such divestiture.

Scheduled Assets. Subject to the terms and conditions of this Agreement, Seller agrees to sell, transfer, assign and deliver to Purchaser, free and clear of all mortgages, security interests, liens, easements, encumbrances, restrictions and other burdens of any nature whatsoever, and Purchaser agrees to purchase from Seller at the Closing (as defined below), all right and title to and interest in each asset listed on the attached Exhibit A (hereinafter described as the “Purchased Assets”). For the sake of clarity, Exhibit B sets forth a list of assets that are not included in the Purchased Assets and are not being sold, transferred or assigned; provided, however, it agreed that the failure to include any asset on Exhibit B shall not, by implication or otherwise, indicate that such asset is being sold, transferred or assigned.

Scheduled Assets. See attached listing which is hereby incorporated by reference herein. 1615 Desk & Credenza (GLH) 8/4/98 $ 12,071.00 $ 11,302.77 $ 768.23 1615 Freight charge for GLH Furniture 8/4/98 $ 1,528.19 $ 1,430.94 $ 97.25 1615 Office Furniture (GLH) 8/13/98 $ 1,473.00 $ 1,379.25 $ 93.75 1615 Freight for 2 PC Sofa & Chair 8/25/98 $ 228.79 $ 214.23 $ 14.56 1615 Decor Pacage for GLH’s Office 9/26/98 $ 214.87 $ 201.19 $ 13.68 1615 Sony Laptop Computer 4/20/99 $ 2,452.92 $ 2,422.81 $ 30.11 1615 Compaq EVO D510LE P4-2.26/40gb (CLL) 3/11/03 $ 1,025.15 $ 463.55 $ 561.60 $ 18,993.92 $ 17,414.74 $ 1,579.18 1630 Plant Remodeling 3/3/95 $ 26,136.21 $ 6,419.17 $ 19,717.04 1630 Painting-part of factory, offices 3/3/95 $ 4,618.61 $ 1,134.38 $ 3,484.23 1630 Painting 3/10/95 $ 1,316.63 $ 323.38 $ 993.25 1630 Electrical Wiring 3/15/95 $ 1,727.40 $ 424.23 $ 1,303.17 1630 Plant Remodeling 3/31/95 $ 18,239.22 $ 4,479.61 $ 13,759.61 1630 Fee’s and Services re plant remodel 3/31/95 $ 1,432.68 $ 351.91 $ 1 ,080.77 1630 Design fees and drawings 3/31/95 $ 3,200.00 $ 785.93 $ 2,414.07 1630 Dock levelers and Shelters 4/24/95 $ 5,539.55 $ 1,348.70 $ 4,190.85 1630 100’ of 8’ 11.5ga fencing and gate 8/24/98 $ 1,480.00 $ 1,385.81 $ 94.19 1630 8’ x 10’ 432 series overhead door 8/25/98 $ 3,808.00 $ 3,565.65 $ 242.35 1630 Project QD 5113-Reconstruct offices 9/15/98 $ 68,067.87 $ 10,609.10 $ 57,458.77 1630 Carpeting 9/15/98 $ 4,906.13 $ 4,593.89 $ 312.24 1630 Repaint conference room wall 10/18/98 $ 125.00 $ 19.25 $ 105.75 1630 Carpet in Conference Room 10/18/98 $ 700.00 $ 655.45 $ 44.55 1630 Fence for Parts Area 3/1/99 $ 1,350.00 $ 1,143.60 $ 206.40 1630 Advertising Office 3/13/00 $ 2,200.00 $ 258.28 $ 1,941.72 1630 Air Conditioner for front office 7/24/00 $ 9,372.55 $ 7,103.08 $ 2,269.47 1630 Air Conditioner 8/9/00 $ 6,595.54 $ 4,998.49 $ 1,597.05 1630 New Lights for Production Area 7/3/02 $ 8,000.00 $ 4,045.05 $ 3,954.95 1630 Repair metal roof 1/7/04 $ 3,977.79 $ 447.16 $ 3,530.63 1630 Overhead door and ramp 8/11/04 $ 3,784.00 $ 425.37 $ 3,358.63 $ 176,577.18 $ 54,517.49 $ 122,059.69 QUIK DRIVE APRIL 30, 2004 FINANCIAL STATEMENT IN AUDITED STATEMENT FORMAT Current assets Cash 747,736 Accounts receivable 2,656,999 Inventories 2,652,766 Prepaid expense 299,104 Total current assets 6,356,605 Property and equipment, net 819,642 Current liabilities Bank line of credit 311,000 Accounts payable 1,035,627 Accrued expenses and liabilities 308,830 Total current liabilities 1,655,457 Shareholder 1,383,089 Tot...

Scheduled Assets. In no event shall the Company or any Company Subsidiary permit any personal property thereof to be situated on any Scheduled Asset, other than personal property reasonably necessary for the proper functioning of the facilities located on such Scheduled Asset in accordance with past practice.