Complete Sale Sample Clauses
The Complete Sale clause defines the conditions under which a transaction is considered fully executed and all rights, title, and interest in the subject matter are transferred from the seller to the buyer. Typically, this clause specifies that upon fulfillment of payment and delivery obligations, ownership passes to the buyer, and the seller relinquishes any further claims. Its core function is to provide legal certainty regarding the finality of the sale, ensuring both parties understand when their respective obligations are fully discharged and minimizing the risk of future disputes over ownership or responsibility.
Complete Sale. The assets to be transferred under this Agreement are all of the assets used by Seller in the operation of the Business, other than the Excluded Assets.
Complete Sale. All assets used by the Corporation in the operation of the Business are either owned by the Corporation or leased by the Corporation under the leases described on Schedule 3.2
Complete Sale. All material assets used by the Merging Company in the operation of its business are reflected in the financial statements of the Merging Company that have been provided to the other parties to this Agreement.
Complete Sale. By consummation of the transactions contemplated by this Agreement, the Company will have sold, assigned, transferred and conveyed to UOP all of the Inventory now held by the Division and the CRILAR JV (other than the Excluded Assets).
Complete Sale. Buyer shall not be obliged to complete the sale and purchase of any of the Transferred Shares or Transferred Assets unless the sale and purchase of all of the Transferred Shares and Transferred Assets is completed simultaneously in accordance with this Agreement.
Complete Sale. 12 Section 3.8. Backlog...................................................................................12 3.8.1. Amount...................................................................12 3.8.2. Ordinary Course..........................................................12 Section 3.9. Intellectual Property.....................................................................12 3.9.1. Patents and Know-How.....................................................12 Section 3.10. Litigation...............................................................................14 3.10.1. Litigation Pending or Threatened........................................14 3.10.2. This Transaction........................................................14 Section 3.11. Insurance................................................................................14 Section 3.12. Third Party Consents...................................................................
Complete Sale. Except for the four (4) abandoned ▇▇▇▇▇ identified in Section 1.3 (d) for which Seller is retaining responsibility, Seller is transferring to Buyer all of its interests in and around the Assets and upon the transfer of Assets to Buyer hereunder, Seller will not own, directly or indirectly, any real or personal property within ▇▇▇▇▇ County, Texas.
Complete Sale. 17 Section 3.8. Backlog...................................................................................18 3.8.1. Amount...................................................................18 3.8.2. Ordinary Course..........................................................18 Section 3.9. Intellectual Property.....................................................................18 3.9.1. Patents and Know-How.....................................................18