JV Assets Sample Clauses
JV Assets. As soon as commercially reasonable following the Transfer Date, Olympus shall destroy the JV Assets in Japan at Olympus’ sole cost and expense, and Olympus shall provide Cytori with a certification of destruction once this has been accomplished.
JV Assets. For purposes of this Agreement, “JV Assets” means (i) all assets, properties, privileges, rights, interests and claims, real and personal, tangible and intangible, of every type and description that are owned, leased, held or used by the JV Entities or in which any JV Entity has any right, title or interest immediately prior to, at or after the JV Transfer Time and (ii) the Transferred JV Assets.
JV Assets. All assets that are owned by ADM Sub and MBX, that are solely dedicated to the activities of the Commercial Alliance as of the date the JV Option is exercised, and that may reasonably be divested from ADM Sub or MBX, as applicable, without undue liability, including without limitation, tax liability, shall promptly be transferred to the JV Entity as requested by the JV Entity, along with any other assets as MBX and ADM Sub agree shall be transferred to the JV Entity, on terms and conditions to be agreed upon by ADM Sub, MBX and the JV Entity.
JV Assets