Excluded Assets definition

Excluded Assets has the meaning set forth in Section 2.2.

Excluded Assets shall have the meaning set forth in Section 2.3.

Excluded Assets means:

Examples of Excluded Assets in a sentence

• Any and all assets of Sellers other than the Purchased Assets shall be retained by Sellers (such other assets, the “Excluded Assets”), and Buyer shall acquire no right, title or interest in the Excluded Assets in connection with the Transaction.

• Notwithstanding anything to the contrary herein, to the extent Seller shall have made a true-up payment to Buyer pursuant to this Section 7.2(b) in respect of any Vertical Setoff, any subsequent payment received from Vertical in respect, and to the extent, of such Vertical Setoff shall not be included in the Purchased Receivables, such that the subsequent payment is included in the Excluded Assets.

• Notwithstanding anything to the contrary set forth herein, in no event shall this Section 5.11 require the granting of any Lien on any Excluded Assets.

• Purchaser shall be permitted to set off against such amounts all direct costs associated with the retention and maintenance of such Excluded Assets.

More Definitions of Excluded Assets

Excluded Assets shall have the meaning ascribed to such term in Section 2.2 hereof.

Excluded Assets means each of the following:

Excluded Assets as defined in Section 1.2.

Excluded Assets has the meaning set forth in the Security Agreement.

Excluded Assets means the following:

Excluded Assets as defined in the Guarantee and Collateral Agreement.

Excluded Assets means each of the following assets: