Common use of Assets Transferred Clause in Contracts

Assets Transferred. On the terms and subject to the conditions set forth in this Agreement, Seller will, or will cause its subsidiaries to, sell, transfer, convey, assign and deliver to Purchaser, and Purchaser will purchase and pay for, at the Closing, all of Seller's, or its applicable subsidiary's, right, title and interest in, to and under the following Assets and Properties of Seller (or its subsidiaries) used or held for use in connection with the Business (except as otherwise provided in Section 1(a)(xvi)), as the same shall exist on the Closing Date (the "Assets"):

Assets Transferred. On the terms and subject to the conditions set forth in this Agreement, Seller will, or Sellers will cause its subsidiaries to, sell, transfer, convey, assign and deliver to PurchaserPurchaser (or will arrange for such sale, transfer, conveyance, assignment and delivery), and Purchaser will purchase and pay for, at the Closing, free and clear of all Liens other than Permitted Liens, all of Seller's, or its applicable subsidiary's, Sellers' right, title and interest in, to and under the following Assets and Properties of Seller (or its subsidiaries) Sellers used or held for use in connection with the Business (Business, except as otherwise provided in Section 1(a)(xvi)1.01(b), as the same shall exist on the Closing Date (collectively with any proceeds and awards referred to in Section 1.08, the "Assets"):