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

Purchase and Sale of the Purchased Assets. Subject to the terms and conditions of this Agreement, on the Closing Date, Seller shall, or shall cause its relevant Affiliates to, sell, transfer, convey, assign and deliver to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire and accept from Seller, and such Affiliates of Seller, all right, title and interest of Seller and such Affiliates in and to the Purchased Assets.

Purchase and Sale of the Purchased Assets. Subject to the terms and conditions of this Purchase Agreement, on the Closing Date, (a) Seller shall, or shall cause its relevant Affiliates to, sell, transfer, convey, assign and deliver to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire acquire, accept, assume and accept receive from Seller, and such Affiliates all of Seller, all ’s right, title and interest of Seller and such Affiliates in and to the Purchased Assets, (b) Seller shall make the other conveyances, assignments, and transfers contemplated by Section 2.3, and (c) Buyer shall assume the Assumed Liabilities.

Purchase and Sale of the Purchased Assets. Subject to Upon the terms and subject to the conditions of this Agreement, on at the Closing DateClosing, Seller shallshall sell, or shall cause its relevant Affiliates to, sellassign, transfer, conveyconvey and deliver, assign and deliver shall cause each other relevant member of the Seller Group to sell, assign, transfer, convey and deliver, to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire and accept from Sellerthe Seller Group the Purchased Assets. As of the Closing, and such Affiliates risk of Seller, all right, title and interest of Seller and such Affiliates in and loss as to the Purchased AssetsAssets shall pass from the Seller Group to Buyer.

Purchase and Sale of the Purchased Assets. Subject to Upon the terms and subject to the conditions of this Agreement, on the Closing Date, Seller shall, or shall cause its relevant Affiliates to, sell, transfer, conveyassign, assign convey and deliver to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire and accept purchase from Seller, and such Affiliates all of Seller, all ’s right, title and interest of Seller and such Affiliates in and to all assets of the Business, including the assets listed on Schedule 2.1 (including causes of action, rights of action, contract rights and warranty and product liability claims against third parties) other than Excluded Assets (the “Purchased Assets”).

Purchase and Sale of the Purchased Assets. Subject to On the terms and subject to the conditions of this Agreement, on at the Closing and effective from and after the Closing Date, the Seller shall, or shall cause its relevant Affiliates to, sell, transfer, convey, transfer and assign (or cause its Subsidiaries to sell, convey, transfer and deliver assign) to Buyerthe Purchaser, free and clear from of all Encumbrances (other than Permitted Encumbrances)Liens, except Permissible Liens, and Buyer the Purchaser shall purchase, acquire and accept from Seller, the Gross Receivables and such Affiliates of Seller, all right, title and interest of Seller and such Affiliates in and to Pier 1 Bank Stock (the “Purchased Assets”).