Common use of Acquired Contracts Clause in Contracts

Acquired Contracts. (a) Except for the Acquired Contracts, each Seller is not bound or affected by any of the following: (i) license agreements; (ii) franchise Contracts; (iii) area development Contracts; (iv) development agent agreements; or (v)Contracts granting any Person an Encumbrance on or against any of the Acquired Assets; (v) Contracts limiting the freedom of such Seller to engage or compete in any activity, or to use or disclose any information in their possession; (vi) Contracts pertaining to the use by such Seller of any Intellectual Property of any other Person, or the Acquired Intellectual Property by any other Person; or (vii) Contracts that require payment of any kind to such Seller.

Appears in 2 contracts

Samples: Assumption Agreement (Rocky Mountain Chocolate Factory Inc), Asset Purchase Agreement (U-Swirl, Inc.)

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Acquired Contracts. (a) Except for the Acquired Contracts, each Seller is not bound or affected by any of the following: (i) license agreements; (ii) franchise Contracts; (iiiii) area development Contracts; (iviii) development agent agreements; or (v)Contracts Contracts granting any Person an Encumbrance on or against any of the Acquired Assets; (viv) Contracts limiting the freedom of such Seller to engage or compete in any activity, or to use or disclose any information in their possession; (viv) Contracts pertaining to the use by such Seller of any Intellectual Property of any other Person, or the Acquired Intellectual Property by any other Person; or (viivi) Contracts that require payment of any kind to such Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (U-Swirl, Inc.), Asset Purchase Agreement (Rocky Mountain Chocolate Factory Inc)

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Acquired Contracts. (a) Except for the Acquired Contracts, each neither Seller is not bound or affected by any of the following: (i) license agreements; (ii) franchise Contracts; (iiiii) area development Contracts; (iviii) development agent agreements; or (v)Contracts Contracts granting any Person an Encumbrance on or against any of the Acquired Assets; (viv) Contracts limiting the freedom of such Seller to engage or compete in any activity, or to use or disclose any information in their possession; (viv) Contracts pertaining to the use by such Seller of any Intellectual Property of any other Person, or the Acquired Intellectual Property by any other Person; or (viivi) Contracts that require payment of any kind to such either Seller.

Appears in 1 contract

Samples: Assumption Agreement (Rocky Mountain Chocolate Factory Inc)

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