ADDITIONAL ASSETS TRANSFERRED Sample Clauses

ADDITIONAL ASSETS TRANSFERRED. Assignors agree to sell and assign and by this Agreement (constituting a "xxxx of sale"), do sell and assign and XTREME agrees that it will acquire title and assume and liability for the following with the indicated values agreed upon for purposes of assessing a replacement value or insured value: Item Replacement Value Wellbore to 5,100 ft. and surface Well Head $ 650,000 Well bore site gas separator $ 12,000 Tank pad gas separator $ 12,000 Tank pad oil separator $ 8,000 Two Oil tanks 300 bbl $ 18,500 Xxxx cable approx 3/4 mile to 3x 37.5 transformers $ 3,500 3/4 mile 4" poly pipe to disposal well laid $ 18,000 1/2 mile 3" poly pipe to gas pig laid $ 15,000 Mobile propane tank $ 250
Sample 1
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ADDITIONAL ASSETS TRANSFERRED. Assignors agree to sell and assign and by this Agreement (constituting a "xxxx of sale"), do sell and assign and XTREME agrees that it will acquire title and assume and liability for the following with the indicated values agreed upon for purposes of assessing a replacement value or insured value: Item Replacement Value Wellbore to 6900 ft. and surface Well Head $ 775,000 (casing parted at 5,000 ft) open hole surface Casing in place) Well head $ 8,000 Two Oil tanks 200 bbl $ 18,500 Oil /Gas separator (Sep heater) $ 6,500 Lines and connecots $ 2,000 Total $ 810,000 Leasing and Land Fees paid in connection with spacing and pooling: Pooling cost $ 8,500 Fees to compel pooling paid to EXXon $ 3,000 Leasing paid to lessors $ 16,700 Total $ 838,200
Sample 1
ADDITIONAL ASSETS TRANSFERRED. Subject to and upon the terms and conditions contained herein, at the Primary Closing, the Seller, and at the Secondary Closing, the Seller's Affiliates, shall sell, transfer, assign, grant, convey and deliver to Purchaser and Purchaser shall purchase, accept and acquire from the Seller and the Seller's Affiliates, all of the Seller's and Seller's Affiliates' rights, titles and interests in and to the properties, assets and rights which are set forth on Schedules 14.01(a)(1)(a), 14.01(a)(1)(b), 14.01(a)(1)(c), 14.01(a)(1)(d), (the "ADDITIONAL EQUIPMENT") 14.01(a)(2)(a) and 14.01(a)(2)(b) (the "ADDITIONAL LICENSES") of the Seller's Disclosure Letter (collectively and individually, the "ADDITIONAL ASSETS"). The Additional Assets are not subject to the Consent Decree and shall be limited to the following:
Sample 1
ADDITIONAL ASSETS TRANSFERRED. Assignors agree to sell and assign and by this Agreement (constituting a "xxxx of sale"), do sell and assign and XTREME agrees that it will acquire title and assume and liability for the following with the indicated values agreed upon for purposes of assessing a replacement value or insured value: Item Replacement Value Wellbore to 6500 ft. and surface Well Head $ 750,000 BH Bridgeplug Two Oil tanks 300 bbl in 19-0-1 yard $ 18,500 ¼ mile 4" poly pipe to disposal well $ 6,000 ¼ mile 3" poly pipe to gas pig $ 7,500 Missing Inventory subject to claim against AE3 & AE5 Access Tank pad gas separator (missing but valued at $12,000) Tank pad oil separator (missing but valued at $8,000)
Sample 1

Related to ADDITIONAL ASSETS TRANSFERRED

  • Additional Assets Revenue earned by Seller from the Revenue Sources in connection with additional Assets as listed in Schedule A, if any, will be paid to SongVest and will be calculated on the Percentage Interest on Schedule A.

  • Assets to be Transferred The Selling Fund shall transfer all of its assets to the Acquiring Fund, including, without limitation, all cash, securities, commodities, interests in futures and dividends or interest receivables, owned by the Selling Fund and any deferred or prepaid expenses shown as an asset on the books of the Selling Fund on the Closing Date, as such term is defined in Section 3.1.

  • Sale and Transfer of Assets Closing 2.1 ASSETS TO BE SOLD Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, but effective as of the Effective Time, Seller shall sell, convey, assign, transfer and deliver to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of any Encumbrances other than Permitted Encumbrances, all of Seller's right, title and interest in and to all of Seller's property and assets, real, personal or mixed, tangible and intangible, of every kind and description, wherever located, including the following (but excluding the Excluded Assets):

  • Disposition of Assets; Etc The Borrower will not, and will not permit any of its Subsidiaries to, sell, lease, license, transfer, assign or otherwise dispose of any of its business, assets, rights, revenues or property, real, personal or mixed, tangible or intangible, whether in one or a series of transactions, other than inventory sold in the ordinary course of business upon customary credit terms, sales of scrap or obsolete material or equipment, the lapse of intellectual property of the Borrower or any of its Subsidiaries that is no longer useful or material to their business and sales of fixed assets the proceeds of which are used to purchase other property of a similar nature of at least equivalent value within 180 days of such sale, provided, however, that this Section 6.09 shall not (a) prohibit any sale or other transfer of an interest in accounts or notes receivable to a Securitization Entity pursuant to Permitted Securitization Transactions if the aggregate outstanding principal amount of the Indebtedness under all Permitted Securitization Transactions does not exceed $250,000,000, (b) prohibit any sale or other transfer of any asset of the Borrower or any Subsidiary to the Borrower or any Subsidiary that is a Guarantor and (c) prohibit any such sale, lease, license, transfer, assignment or other disposition if the aggregate book value (disregarding any write-downs of such book value other than ordinary depreciation and amortization) of all of the business, assets, rights, revenues and property sold, leased, licensed, transferred, assigned or otherwise disposed of after the Effective Date and on or prior to such transaction date shall be less than 40% of the aggregate book value of the Consolidated Total Assets as of the end of the fiscal year immediately preceding such transaction and the aggregate amount of businesses, assets, rights, revenues and property sold, leased, licensed, transferred, assigned or otherwise disposed of after the Effective date and on or prior to such transaction date shall be responsible for less than 40% of the consolidated net sales or net income of the Borrower and its Subsidiaries for the fiscal year immediately preceding the date of such transaction, and if immediately after any such transaction, no Default shall exist or shall have occurred and be continuing.

  • Excluded Assets Notwithstanding the foregoing, the Purchased Assets shall not include the following assets (collectively, the “Excluded Assets”):

  • Included Assets The Assets referred to in Section 1.1(a)(ii) shall include, without limitation, the following assets, properties and rights of Seller used directly or indirectly in the conduct of, or generated by or constituting, the Business, except as otherwise expressly set forth in this Agreement:

  • Transferred Assets (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded pursuant to the provisions of Subsection 1.1(b):

  • Transfer of Acquired Assets At the Closing, Seller is transferring and shall transfer to Buyer, and the Transaction Agreements are effective to vest in Buyer, good, valid and indefeasible or marketable, fee simple or leasehold, as applicable, title to the Acquired Assets, free and clear of all Liens, other than Permitted Liens.

  • Other Assets Sold Upon receipt of Instructions and except as otherwise provided herein, the Custodian shall receive payment for and deliver other Assets for the account of a Fund as provided in Instructions.

  • Sale and Transfer of Assets Subject to the terms and conditions set forth in this Agreement, Seller agrees to sell, convey, transfer, assign, and deliver to Buyer, and Buyer agrees to purchase from Seller, all of Seller’s rights, title and interests in and to the Assets.

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