Common use of Excluded Assets and Liabilities Clause in Contracts

Excluded Assets and Liabilities. (a) It is understood and agreed that Purchaser is not acquiring from Seller, and Seller shall retain ownership of all right, title and interest in and to, any property or asset which is not being transferred pursuant to Section 2.1 hereof (including but not limited to (i) the existing or any currently anticipated future name of Seller or derivation thereof and (ii) any logos, service marks, trademarks, advertising material, slogans, or similar items used on or prior to the Closing Date by Seller in connection with its business) and the assets and liabilities set forth on Schedule 2.2 (collectively, the "Excluded Assets").

Appears in 4 contracts

Samples: Purchase and Sale Agreement (First Nationwide Parent Holdings Inc), Purchase and Sale Agreement (First Nationwide Holdings Inc), Asset Purchase and Sale Agreement (North Fork Bancorporation Inc)

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Excluded Assets and Liabilities. (a) It is understood and agreed that Purchaser is not acquiring from Seller, and Seller shall retain ownership of all right, title and interest in and to, any property or asset which is not being transferred pursuant to Section 2.1 hereof (hereof, including but not limited to (i) the existing or any currently anticipated future name of Seller or any derivation thereof and (ii) any logos, service marks, trademarks, advertising material, slogans, or similar items used on or prior to the Closing Date by Seller in connection with its business) , and the assets and liabilities set forth on Schedule 2.2 (collectively, the "Excluded Assets").

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (City National Bancshares Corp)

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