CONSIDERATION CONVEYED BY SELLER Sample Clauses
The 'Consideration Conveyed by Seller' clause defines what the seller is providing to the buyer as part of the contractual agreement, typically in exchange for payment or another form of value. This may include goods, services, property, or rights, and the clause will specify the nature, quantity, and any relevant conditions attached to what the seller is delivering. Its core practical function is to clearly outline the seller's obligations, ensuring both parties understand what is being exchanged and reducing the risk of disputes over what is owed under the contract.
CONSIDERATION CONVEYED BY SELLER. At the Closing, as defined herein, Seller shall provide Buyer with the following consideration:
CONSIDERATION CONVEYED BY SELLER. At the Closing, Seller shall provide Buyer with the following consideration:
1. Subject to the terms and conditions of this Agreement, Seller shall, to the fullest extent permitted by law, convey, transfer, and deliver to Buyer, and Buyer shall, to the fullest extent permitted by law, acquire from Seller free and clear of all liens, claims, security interests and encumbrances of any kind whatsoever, all of Seller's right, title and interest in and to Seller's assets, as set forth hereafter, real and personal, tangible and intangible, of every kind and description owned by Seller and used and useful in connection with the business and operation of the Station as a going concern (collectively the "Station Assets") except the assets described in Section 1.1.2. of this Agreement. The Station Assets consist of the following items: