Examples of Assets Sold in a sentence
Seller delivers herewith a computer file or microfiche list containing a true and complete list of the Loan Assets Sold and assigned hereunder, identified by account number, Obligor and Outstanding Balance as of the Cut—Off Date.
The Bank is the sole owner of all rights, title and interest in and to the Assets Sold, free and clear of all title defects or objections, assignments, liens, encumbrances of any nature whatsoever, restrictions, security interests, rights of third parties, or other liabilities, and has good and valid title to the Assets Sold.
The Seller delivers herewith a computer file containing a true and complete list of the Loan Assets Sold and assigned hereunder, identified by account number, the related Obligor and Principal Balance as of the Cut–Off Date.
Assets Sold Adjustments Pro Forma ---------------- ----------- ----------- ---------- Revenues: Coin calls ...........................
The sale, conxxxxnce, transfer, assignment and delivery of the Assets Sold by Sellers to PPDA shall be evidenced and effected by the execution of a Bill of Sale in the form of Xxxxbit 1.3 attached hereto (the "Bill of Sale").
On and after the Closing Date, Elavon shall (i) give such further assurances to the Bank and execute, acknowledge and deliver all such acknowledgments and other instruments and take such further action as the Bank may reasonably request to effectuate the transactions contemplated by this Agreement, including the transfer of the Assets Sold and assumption of the Assumed Liabilities and (ii) use all reasonable efforts to assist the Bank in the orderly transition referred to in Article III.
The Assets Sold include all rights, properties and other assets necessary to permit Elavon to conduct the Merchant Business in substantially the same manner as the Bank’s Merchant Business has heretofore been conducted, without any need for replacement, refurbishment or extraordinary repair.
At the Closing and as of -------------------------------------- the Effective Time, simultaneously with the transfer of the Assets Sold, the Seller shall transfer to the Purchaser, and the Purchaser shall assume and agree thereafter to pay and discharge when due, and, promptly upon request of the Seller, reimburse the Seller and hold the Seller harmless with respect to, the Assumed Liabilities.
Effective upon the Effective Date, Elavon shall, by the execution and delivery of the Xxxx of Sale and Assignment and Assumption Agreement, acquire title to the Assets Sold and assume and agree to pay and discharge when due the Assumed Liabilities.
To the Knowledge of the Seller, the ---------------------------- Terminal Equipment and other tangible personal property of the Seller which are included in the Assets Sold, including but not limited to the items listed on Schedule 2.1(e), are in --------------- good operating condition and repair, normal wear and tear excepted, and none of such property is in need of maintenance or repairs except for routine maintenance and repairs in the Ordinary Course.