Purchase Assignment Sample Clauses
A Purchase Assignment clause allows one party to transfer its rights and obligations under a purchase agreement to another party. In practice, this means that the original buyer or seller can assign their interest in the contract to a third party, often with the consent of the other contracting party or under certain conditions specified in the agreement. This clause facilitates flexibility in transactions, enabling parties to adapt to changing circumstances or business needs by allowing the contract to be taken over by another entity, thereby ensuring continuity or enabling exit strategies.
Purchase Assignment. On or prior to the Closing Date, the Seller shall complete, execute and deliver to the Administrative Agent for the benefit of the Purchasers an assignment substantially in the form of Exhibit 2.04(a) (the "Purchase Assignment") in order to evidence the Purchases.
Purchase Assignment. On or prior to the Closing Date, MRFC shall complete, execute and deliver to the Administrative Agent, for the benefit of the Purchasers, an assignment substantially in the form of Exhibit 2.04(a) (the “Purchase Assignment”) in order to evidence the Purchases.
Purchase Assignment. On or prior to the Closing Date, the Seller shall complete, execute and deliver to the Administrative Agent for the benefit of the Purchasers an assignment substantially in the form of EXHIBIT 2.04(A) (the "PURCHASE ASSIGNMENT") in order to evidence the Purchases.
Purchase Assignment. The Seller has delivered a true, correct and complete copy of the Purchase Assignment to Purchaser, and pursuant to the Purchase Assignment the Company is the “Purchaser” under the Verilink Purchase Agreement and has the right to exercise all rights of “Purchaser” thereunder as though the Company were the original “Purchaser” party thereto.
Purchase Assignment. On the terms and conditions of this Agreement. Seller hereby sells, transfers and assigns to Buyer the patent and other intellectual property specifically listed on Exhibit A, attached hereto and incorporated herein by reference (collectively, the "Assets"). Furthermore, Seller agrees to take any additional steps necessary to retitle the Assets in the name of Buyer or a Designee.
Purchase Assignment. On or prior to the Closing Date, the Seller ------------------- shall complete, execute and deliver to the Purchaser an assignment substantially in the form of Exhibit 2.04(a) (the "Purchase Assignment") in order to evidence --------------- ------------------- the Purchases.
Purchase Assignment. On or prior to the Second Restatement Effective Date, the Seller shall complete, execute and deliver to the Purchaser Agent, for the benefit of the Purchasers, an assignment substantially in the form of Exhibit 2.04(a) (the “Purchase Assignment”) in order to evidence the Purchases.