Common use of Excluded Properties Clause in Contracts

Excluded Properties. All trade credits, accounts receivable, notes receivable, and other receivables attributable to the Properties with respect to any period or time prior to the Effective Time shall remain the property of the Seller and shall be excluded from this sale, unless specified otherwise herein. Furthermore, Seller specifically excludes from this transaction the properties described in Exhibit "B" attached hereto and made a part hereof. All of the items described in this Section 1.2 are herein collectively referred to as the "Excluded Properties."