Common use of Assets Purchased Clause in Contracts

Assets Purchased. Subject to and upon the terms and conditions set forth in this Agreement, and except as provided in Section 2.2 hereof, at the Closing, as evidenced by the Xxxx(s) of Sale, Seller shall sell, transfer, assign, convey and deliver to Purchaser and IP Purchaser free and clear of all liens, security interests, mortgages, pledges and other encumbrances other than the Assumed Liabilities and the Permitted Encumbrances, and Purchaser and IP Purchaser each shall accept and acquire, all of the following property and assets of the Seller:

Assets Purchased. Subject to and upon Upon the terms and subject to the conditions set forth in of this Agreement, Purchaser shall purchase, and except as provided in Section 2.2 hereof, at the Closing, as evidenced by the Xxxx(s) of Sale, Seller shall sell, transfer, assign, transfer and convey and deliver to Purchaser at the Closing (as defined in Section 9 hereof), all of the following tangible and IP Purchaser intangible assets, properties, licenses, and rights (collectively the "Assets"), free and clear of all liens, security interestsclaims, mortgagesoptions, pledges rights of third parties and other encumbrances other than the Assumed Liabilities and the Permitted Encumbrancesencumbrances, and Purchaser and IP Purchaser each shall accept and acquire, all of the following property and assets of the Sellerwhether contingent or otherwise:

Assets Purchased. Subject to and upon Upon the terms and subject to the conditions set forth in of this Agreement, Purchaser shall purchase, and except as provided in Section 2.2 hereof, at the Closing, as evidenced by the Xxxx(s) of Sale, Seller shall sell, transfer, assign, transfer and convey and deliver to Purchaser at the Closing (as defined in Section 9 hereof), all of the following tangible and IP Purchaser intangible assets, properties, licenses, and rights (collectively, the "Assets"), free and clear of all liens, security interestsclaims, mortgagesoptions, pledges rights of third parties and other encumbrances other than the Assumed Liabilities and the Permitted Encumbrancesencumbrances, and Purchaser and IP Purchaser each shall accept and acquire, all of the following property and assets of the Sellerwhether contingent or otherwise: