definiens: shall mean all inventories of active pharmaceutical Ingredient work in progress and finished goods of each Product owned as of the Closing by Seller . and shall include any samples 2 CO!\Flll[!\TlALI RL\T\lLLaw " shall mean any national federal territorial state, provincial regional foreign, municipal or local law ( Including common law and cIvil law ) statute . ordinance rule, regulation, code treaty, decree ruling directive Dr order . in each case of . Dr issued by, any Governmental Authority shall mean any and all debts liabilities, costs assessments, expenses, claims . losses . damages deficienCies and obligations whether accrued or fixed known or unknown liquidated or unliquidated asserted or unasserted absolute or contingent, matured or unmatured determined or determinable due or to become due whenever or however arising ( including whether arising out of any contract common law or tort based on negligence or strict liability ) and whether or not the same would be required by GAAP to be reflected in financial statements or disclosed In the notes thereto shall mean the Assignment of the Transferred license in the form attached as Exhibit E to this Agreement shall mean, with respect to any property fight or other asset, any lien security Interest, option, mortgage, pledge condition assessment, restriction, adverse claim levy, charge hypothecation easement, title retention clause equitable Interest encumbrance, right of first refusal or other restriction or Similar claim of any kind . character or description whether or not of record, or any contract to give any of the foregOing, in respect of such property or asset