Common use of Purchase and Sale of the Assets Clause in Contracts

Purchase and Sale of the Assets. On and subject to the terms and conditions of this Agreement, at the Closing, Seller shall sell, assign, transfer, convey, and deliver to Purchaser, free and clear of all Liens other than Permitted Encumbrances, and Purchaser shall purchase, acquire and accept from Seller, all of the right, title, and interest of Seller in and to the assets, properties, and rights of Seller relating to or utilized in the Business (other than the Excluded Assets) as of the Closing Date listed below (the “Acquired Assets”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Crescent Banking Co)

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Purchase and Sale of the Assets. On (a) Upon the terms and subject to the terms and conditions of this Agreement, including Section 2.1(b), at the Closing, the Seller shall sell, assign, transfer, convey, convey and deliver to the Purchaser, free and clear of all Liens other than Permitted Encumbrances, and the Purchaser shall purchase, acquire and accept purchase from the Seller, all of the Seller's right, title, title and interest of Seller in and to all of the assets, properties, and rights of Seller assets used in or relating to or utilized in the Business (other than the Excluded AssetsIntellectual Property) as of the Closing Date listed below (the “Acquired "Assets”):"), including:

Appears in 1 contract

Samples: Asset Purchase Agreement (Home Products International Inc)

Purchase and Sale of the Assets. On the terms and subject to the terms and conditions of set forth in this Agreement, at the Closing, Seller shall sell, convey, assign, transfer, convey, transfer and deliver to Purchaser, free and clear of all Liens other than Permitted Encumbrances, and Purchaser shall purchase, acquire and accept from Seller, Seller the Assets (free and clear of all of the right, title, and interest of Seller in and to the assets, properties, and rights of Seller relating to or utilized in the Business (Liens other than the Excluded Assets) as of the Closing Date listed below (the “Acquired Assets”):Permitted Liens).

Appears in 1 contract

Samples: Asset Purchase Agreement (Chancellor Media Corp of Los Angeles)

Purchase and Sale of the Assets. On Upon the terms and subject to the terms and conditions of this Agreement, at the Closing, the Seller shall sell, assign, transfer, convey, deliver, sell and deliver transfer to Purchaser, free and clear of all Liens other than Permitted Encumbrances, and Purchaser shall purchase, acquire and accept from Seller, the Buyer all of the Seller’s right, titletitle and interest, and interest of Seller direct or indirect, in and to the all assets, propertiesproperties and rights listed on Schedule 1.1 hereto (collectively, the “Purchased Assets”), and rights the Buyer shall acquire and purchase the Purchased Assets from the Seller. The Buyer is not purchasing any assets of the Seller relating to or utilized in the Business (other than the Excluded Assets) as Purchased Assets or assuming any of the Closing Date listed below (the “Acquired Assets”):post-closing liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Quantum Materials Corp.)

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Purchase and Sale of the Assets. On Upon the terms and subject to the terms and conditions of this Agreement, at the Closing, as such term is defined in this Agreement, Seller shall sell, assign, transfer, convey, convey and deliver to Purchaser, free and clear of all Liens other than Permitted EncumbrancesBuyer, and Purchaser Buyer shall purchase, acquire and accept from the Seller, all of the rightentire rights, title, title and interest of Seller in in, and to the assetsAssets, properties, and rights of Seller relating including but not limited to or utilized in the Business (other than the Excluded Assets) as of the Closing Date listed below (the “Acquired Assets”):following:

Appears in 1 contract

Samples: Asset Purchase Agreement (Eagleford Energy Inc.)

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