Equipment Bill of Sale definition
Examples of Equipment Bill of Sale in a sentence
Concurrently with the transactions described immediately above, TILC shall pursuant to the Pledged Equipment Transfer and Assignment Agreement sell the Pledged Units described on Schedule 1-A hereto to the Lessee by delivery of the Pledged Equipment Bill of Sale and shall make an assignment of the Existing Pledged ▇▇▇▇pment Leases to the Lessee by delivery of the TILC Pledged Equipment Assignment.
On the Execution Date, the Parties have entered into the Equipment Bill of Sale under which, on the Effective Date, Vir shall pay a one-time payment of [***], to purchase the Purchased Equipment, payable to Sanofi by wire transfer of immediately available funds in accordance with wire transfer instructions provided by Sanofi to Vir prior to the Effective Date, which payment shall be non-refundable and non-creditable against any other payments due hereunder.