Excluded Assets

Excluded Assets. Means all assets of Seller not listed on Schedule 1.2 including, but not limited to, Seller's cash accounts and accounts receivables and assets that are not used primarily in the Business.

Excluded Assets. Shall mean those assets of the Seller which are identified on States.

Excluded Assets. Shall mean those assets of REM which are identified as excluded assets on Schedule 2.2.

Excluded Assets. Those assets listed on Schedule 14(x), which shall be retained by Company

Excluded Assets. Shall have the meaning set forth in Clause 2.2.

Excluded Assets. The corporate seals, organizational documents, minute books, stock books, tax returns or other records having to do with the corporate organization of Seller, all employee-related or employee benefit-related files or records, and any books and records which Seller is prohibited from disclosing or transferring to Buyer under applicable law and is required by applicable law to retain

Excluded Assets. The (i) ARRY 614 drug candidate in its current form or any modification thereof and its Related Assets or (ii) other drug candidates or compounds that target p38 or any of their respective Related Assets.

Excluded Assets. Any assets of Seller that are not Purchased Assets

Excluded Assets. Any United States intent-to-use trademark application unless and until an Amendment to Allege Use or a verified Statement of Use is filed and accepted by the United States Patent and Trademark Office with respect to such intent-to-use trademark application.

Excluded Assets. The collective reference to: (a) any intent-to-use trademark application to the extent and for so long as creation by the Borrower Parties of a security interest therein would result in the loss by the Borrower Parties of any material rights therein; (b) any rights or property to the extent the pledge thereof or the security interest therein is prohibited by applicable law, rule or regulation (other than to the extent such prohibition is terminated or rendered unenforceable or otherwise deemed... ineffective by the applicable Uniform Commercial Code and/or other applicable law and other than the Proceeds thereof the assignment of which is expressly deemed effective under the applicable Uniform Commercial Code and/or other applicable law) or which require governmental (including regulatory) consent, approval, license or authorization to be pledged (unless such consent, approval, license or authorization has been received); (c) any margin stock (within the meaning of Regulation U issued by the Board of Governors of the Federal Reserve System of the United States) and (d) any interest in Intellectual Property as to which a grant of a security interest by the Borrower Parties is prohibited by any license agreement between any Borrower Party and University of Michigan that is in effect as of the date hereof; provided, however, that Excluded Assets shall not include any Proceeds, substitutions or replacements of any Excluded Assets referred to in any of the foregoing clauses (unless such Proceeds, substitutions or replacements would constitute Excluded Assets referred to in any of the foregoing clauses). Other assets shall be deemed to be "Excluded Assets" if the Secured Party and the Borrower Parties agree in writing that the cost of obtaining or perfecting a security interest in such assets is excessive in relation to the value of such assets as Collateral. View More