Reserved Interests. Notwithstanding any provision of this Agreement to the contrary, Sellers reserve and retain (i) Sellers' corporate, financial, tax and legal records and its other business records; (ii) cash, bank accounts, letters of credit, travel letter accounts and prepaid insurance; (iii) the management information systems and other intellectual property rights of Sellers used by Sellers in the management and administration of its business; (iv) all claims that Sellers may have under any policy of insurance, indemnity or bond maintained by Sellers other than claims relating to property damage or casualty loss affecting the Interests occurring between the Effective Time and Closing (which claims shall be included in the Interests); (v) all accounts receivable, trade credits or notes receivable accrued before the Effective Time; (vi) any files or records that Sellers are contractually or otherwise obligated not to disclose to Buyer; (vii) all claims and causes of action arising from acts, omissions or events, or damage or destruction of property occurring prior to the Effective Time; (viii) engineering studies or reserve reports relating to the Interests; (ix) all interests and rights not included in the definition of the Interests (the "Reserved Interests").
Reserved Interests. Seller shall reserve and except from the sale and conveyance of the Interests in favor of itself, its successors and assigns the following:
Reserved Interests. Notwithstanding anything to the contrary herein, Inspire acknowledges and agrees that this Agreement shall not restrict or limit InSite or its Affiliates, at any time, with respect to (i) any activity, licensing or otherwise, related to any product other than the Subject Products (other than the Option Product as provided under Section 2.10 or any Future Development as provided in Section 3.8); or (ii) any activity, licensing or otherwise, related to the Option Product other than as expressly provided under Section 2.10 or related to any Future Development other than as expressly provided under Section 3.8. Inspire also acknowledges and agrees that any such activities described in clauses (i) and (ii) above, as well as all rights and interests not expressly granted to Inspire are reserved by InSite (the “Reserved Interests”).
Reserved Interests. Assignor shall reserve and except from the exchange of the Properties in favor of itself, its successors and assigns all accounts receivable attributable to the Properties being assigned that are, in accordance with generally accepted accounting principles, attributable to the period prior to the Effective Time.
Reserved Interests. Notwithstanding anything to the contrary herein, but subject to Section 2.1(d), Licensee acknowledges and agrees that this Agreement shall not restrict or limit Teikoku or its Affiliates, at any time, with respect to any activity, licensing or otherwise, related to any product other than the Current Product. Licensee also acknowledges and agrees that any such activities described in the foregoing sentence, as well as all rights and interests not expressly granted to Licensee are reserved by Teikoku (the “Reserved Interests”).
Reserved Interests. Seller and its Affiliates have not reserved any royalties, overriding royalties, production payments, net profits interests, carried interests or reversionary interests in connection with the transactions contemplated by this Agreement.
Reserved Interests. Section 2.3
Reserved Interests. Seller reserves and retains (i) Seller’s corporate, financial, tax (other than property tax records relating to the Assets), legal and other business records; (ii) Seller’s management information systems and other intellectual property rights owned or licensed by Seller or used by Seller in the management and administration of its business and properties; (iii) all claims that Seller may have under any policy of insurance, indemnity or bond maintained by Seller other than claims relating to property damage or casualty loss affecting the Assets (which claims shall be included in the Assets); (iv) all accounts receivable, trade credits or notes receivable accrued before the Effective Date; (v) all files or records that Seller is contractually or otherwise obligated not to disclose to Buyer; and (vi) all claims and causes of action arising from acts, omissions or events, or damage or destruction of property that occurred prior to the Effective Date except to the extent that such claims or causes of action could be used as an offset to claims or causes of action made against Buyer or damages awarded against Buyer (the “Reserved Interests”).
Reserved Interests. Notwithstanding any provision of this Agreement to the contrary, Seller reserves and retains unto Seller (i) Seller's corporate, financial, tax and legal records and other business records; (ii) cash, bank accounts, letters of credit, travel letter accounts and prepaid insurance; (iii) the management information systems, accounting software and other intellectual property rights of Seller used by Seller in the management and administration of its business; (iv) all claims that Seller may have under any policy of insurance, indemnity or bond maintained by Seller other than claims relating to property damage or casualty loss affecting the Interests occurring between the Effective Time and Closing (which claims shall be included in the Interests); (v) all accounts receivable, trade credits or notes receivable relating to transactions processed by Seller prior to the Effective Time; (vi) any files or records that Seller is contractually or otherwise obligated not to disclose to Buyer; (vii) all claims and causes of action arising from acts, omissions or events, or damage or destruction of property occurring prior to the Effective Time; (viii) engineering studies or reserve reports relating to the Interests; and; (ix) all interests and rights not included in the definition of the Interests, including but not limited to overriding royalty interests, royalty interests and mineral interests, provided, however, all mineral interests owned or hereafter acquired by Seller shall be subject to an oil and gas lease as described in Section 2.5(c)(i) of this Agreement; (x) with respect to the Section 12 Field, a one-time option to acquire up to a proportionate 75% of the working interest in the oil and gas field as defined as the "Section 12 Field" in Exhibit "A" to this Agreement (the "Reversionary Interest") conveyed to Buyer under this Agreement after a total of 593,000 barrels of oil has been produced from the Section 12 Field after the Effective Time, subject to its proportionate share of costs, and together with the option to take over operation of the Section 12 Field, which option must be exercised when the option to acquire the working interest is exercised; (xi) non-exclusive license rights to all seismic data covering the Interests, whether now or hereafter acquired by Seller or Buyer; and (xii) rights in computer tapes and disks, files, records, information, data, contracts and agreements attributable to the interests retained by or earned by Seller (collectiv...
Reserved Interests. Notwithstanding any provision in this Agreement to the contrary, Seller reserves and retains, and Buyer shall not acquire, (i) Seller’s corporate, financial, tax and legal records and its other business records; (ii) cash, bank accounts, and travel letter accounts; (iii) the management information systems, and other intellectual property rights of Seller used by Seller in the management and administration of its business; (iv) all claims that Seller may have under any policy of insurance, indemnity or bond maintained by Seller other than claims relating to property damage or casualty loss affecting the Properties occurring between the Effective Date and Closing; (v) all accounts receivable, trade credits or notes receivable attributable to the period before the Effective Date; (vi) any files, records, licenses or other assets that Seller may not lawfully convey to Buyer; and (vii) the Adena Gas Plant and Plant Site.
