Asset Transfer Agreement Clause Samples
An Asset Transfer Agreement is a contractual provision that governs the transfer of ownership of specific assets from one party to another. It typically outlines the types of assets being transferred, the terms of the transfer, and any conditions or warranties associated with the assets, such as intellectual property, equipment, or inventory. The core function of this clause is to ensure a clear and legally binding process for asset transfer, minimizing disputes and clarifying the rights and obligations of both parties involved.
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Asset Transfer Agreement. Party B hereby grants to Party A all of its right, title and interest in, to and under, in each case, whether now owned or existing, or hereafter acquired or arising, the Asset Transfer Agreement.
Asset Transfer Agreement. The Board hereby announces that on 20 October 2021 (after trading hours), the Company (as the Asset Transferee) entered into the Asset Transfer Agreement with the Asset Transferor, pursuant to which the Asset Transferor agreed to transfer the ownership of the Leased Assets, creditor’s rights of the rent receivables and all the security interests under the Finance Lease Contract to the Company, and the Company agreed to accept the Leased Assets and relevant rights and pay the Asset Transferor the transfer consideration of RMB800,000,000. * CHINA DEVELOPMENT BANK FINANCIAL LEASING CO., LTD. is (a) not an authorized institution within the meaning of the Banking Ordinance; (b) not authorized to carry on banking/deposit-taking business in Hong Kong; and (c) not subject to the supervision of the Hong Kong Monetary Authority. Details of the Asset Transfer Agreement are summarised as follows: 20 October 2021
Asset Transfer Agreement. At and as of the Transferred Interest Closing Date, EDF and UNE agree that the Transfer Agreement (as defined in Section 4.1 below) shall terminate and shall be of no further force or effect.
Asset Transfer Agreement. The provisions of this Agreement supersede the covenants and agreements set forth in Section 6.7 of the Asset Transfer Agreement, but otherwise the terms and conditions of the Asset Transfer Agreement shall remain in full force and effect.
Asset Transfer Agreement. The Board hereby announces that on 21 June 2021 (after trading hours), the Company (as the Asset Transferor) entered into the Asset Transfer Agreement with the Asset Transferee, pursuant to which the Company agreed to transfer the ownership of the Leased Assets, creditor’s rights of the rent receivables, guarantee rights and all relevant obligations in the future under the Finance Lease Agreement to the Asset Transferee, and the Asset Transferee agreed to accept the transfer of such assets and pay the Company the transfer consideration of RMB1,174,750,272. * CHINA DEVELOPMENT BANK FINANCIAL LEASING CO., LTD. is (a) not an authorized institution within the meaning of the Banking Ordinance; (b) not authorized to carry on banking/deposit-taking business in Hong Kong; and (c) not subject to the supervision of the Hong Kong Monetary Authority. Details of the Asset Transfer Agreement are summarized as follows: 21 June 2021
Asset Transfer Agreement. As of the Effective Date, Licensor and Company shall enter into that certain Asset Transfer Agreement, dated as of the Effective Date, pursuant to which Licensor shall transfer its inventory of physical materials (including Filled Ampules and Existing Product) as set forth therein (the “Asset Transfer Agreement”). The Parties acknowledge and agree that execution of the Asset Transfer Agreement by the Parties is a material condition to the Parties entering into, and the effectiveness of, this Agreement.
Asset Transfer Agreement. This ▇▇▇▇ of Sale is entered into pursuant to and is subject in all respects to all of the terms, provisions and conditions of the Asset Transfer Agreement, and nothing herein shall be deemed to modify any of the representations, warranties, covenants and obligations of the parties thereunder.
Asset Transfer Agreement. This Agreement is being executed and delivered pursuant and subject to the Asset Transfer Agreement. Nothing in this Agreement shall, or shall be deemed to, defeat, limit, alter, impair, modify, enhance or expand any right, obligation, claim or remedy created by the Asset Transfer Agreement. In the event of any conflict or inconsistency between this Agreement and the Asset Transfer Agreement, the Asset Transfer Agreement shall control. In the event either Assignor or Assignee has a claim against or dispute with the other party relating to the terms or subject of this Agreement, Assignor and Assignee agree that such claim or dispute will be subject to, and governed by, the provisions and procedures set forth in the Asset Transfer Agreement.
Asset Transfer Agreement. The Company and NuTech Spine, Inc. shall have entered into and closed the transactions contemplated by the Asset Transfer Agreement attached hereto as Exhibit G.
Asset Transfer Agreement. The Purchaser shall have executed ------------------------ and delivered to Stockholder the Asset Transfer Agreement in substantially the form and content of Exhibit 5.1 (w) attached hereto.