Common use of Purchase of Assets Clause in Contracts

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth herein, Seller shall sell, convey, assign and transfer to Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets (collectively, the “Assets”), as of the close of business on the Closing Date (as defined in Section 2.02):

Appears in 3 contracts

Samples: Branch Purchase and Assumption Agreement (Howard Bancorp Inc), Branch Purchase and Assumption Agreement (Cecil Bancorp Inc), Branch Purchase and Assumption Agreement (Howard Bancorp Inc)

AutoNDA by SimpleDocs

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth herein, Seller shall sell, convey, assign and transfer to Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets (collectively, the "Assets”), ") as of the close of business on the Closing Date (as defined in Section 2.022.02 below):

Appears in 3 contracts

Samples: Branch Purchase and Assumption Agreement (Gold Banc Corp Inc), Branch Purchase and Assumption Agreement (Gold Banc Corp Inc), Branch Purchase and Assumption Agreement (Jacksonville Bancorp Inc)

Purchase of Assets. Upon the terms and subject to the conditions ------------------ of this Agreement, on and representations set forth hereinas of the Closing Date (hereinafter defined), Seller shall assign, sell, conveytransfer, assign convey and transfer deliver to Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets of Seller, free and clear of all liens, mortgages, pledges, security interests and other encumbrances (collectively, hereinafter collectively referred to as the "Assets”), as of the close of business on the Closing Date (as defined in Section 2.02"):

Appears in 1 contract

Samples: Asset Purchase and Liability Assumption Agreement (Nb&t Financial Group Inc)

Purchase of Assets. Upon (a) Subject to the terms and subject to conditions hereof, at the conditions and representations set forth hereinClosing, Seller shall sell, conveytransfer, assign and transfer deliver to Buyer, and Buyer shall will purchase and accept from Seller, all right, title and interest of Seller in and to the following properties, assets and rights of every nature as the same may exist on the Closing Date, whether real, personal, tangible, intangible or otherwise and whether now existing or acquired prior to the Closing, relating solely to the Business (other than the Excluded Assets as defined below) set forth on Schedule 1.1 (collectively, the “Assets”), as of the close of business on the Closing Date (as defined in Section 2.02):.

Appears in 1 contract

Samples: Asset Purchase Agreement (Electronic Cigarettes International Group, Ltd.)

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth herein, Seller shall sell, convey, assign and transfer to BuyerBuyer at the Closing (as defined in Section 2.01 below), and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets (collectively, the “Assets”), ) as of the close of business same exist on the Closing Date (as defined in Section 2.02):2.02 hereof:

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Beverly Hills Bancorp Inc)

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth hereinin this Agreement, Seller shall will sell, convey, assign and transfer to Buyer, and Buyer shall will purchase and accept from Seller, all right, title and interest of Seller in and to the following assets (collectively, the "Assets”), ") as of the close of business on the Closing Date (as defined in Section 2.022.02 below):

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Ames National Corp)

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth herein, Seller shall sell, convey, assign and transfer to Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets (collectively, the “Assets”), by documentation reasonably satisfactory as to form and substance to Buyer, as of the close of business on the Closing Date (as defined in Section 2.022.02 below):

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Your Community Bankshares, Inc.)

Purchase of Assets. Upon the terms and subject to the ------------- ------------------- conditions and representations set forth herein, Seller shall sell, convey, assign and transfer to Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets (collectively, the "Assets”), ") as of the close of business on the Closing Date (as defined in Section 2.022.02 below):

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (First Southern Bancshares Inc/De)

Purchase of Assets. Upon the terms and subject to the ------------- -------------------- conditions and representations set forth herein, Seller shall sell, convey, assign and transfer to Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets (collectively, the "Assets”), ") as of the close of business on the Closing Date (as defined in Section 2.022.02 below):

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (HCB Bancshares Inc)

Purchase of Assets. (a) Upon the terms and subject to the terms and conditions of this Agreement, at the Closing (as defined in Section 1.5(a)), the Buyer shall purchase from the Seller, and representations set forth herein, the Seller shall sell, transfer, convey, assign and transfer deliver to the Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to all of the following assets assets, properties and rights of the Seller existing as of the Closing (collectively, the “Acquired Assets”), as of the close of business on the Closing Date (as defined in Section 2.02):

Appears in 1 contract

Samples: Asset Purchase Agreement (Yankee Candle Co Inc)

AutoNDA by SimpleDocs

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth herein, Seller shall sell, convey, assign assign, transfer and transfer deliver to Buyer, and Buyer shall purchase purchase, accept, and accept receive from Seller, all right, title and interest of Seller in and to the following assets (collectively, the “Assets”), by documentation reasonably satisfactory as to form and substance to the parties, as of the close of business on the Closing Date (as defined in Section 2.022.02 below):

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Citizens First Corp)

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth herein, Seller shall sell, convey, assign assign, transfer and transfer deliver to BuyerBuyer at the Closing, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets assets, whether now existing or hereafter acquired, free and clear of all Encumbrances other than the Permitted Encumbrances (collectively, the “Assets”), ) as of the close of business on the Closing Date (as defined in Section 2.02):Effective Time:

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (First Mid Illinois Bancshares Inc)

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth herein, Seller shall sell, convey, assign and transfer to Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets (collectively, the “Assets”), by documentation reasonably satisfactory as to form and substance to Buyer and Seller, as of the close of business on the Closing Date (as defined in Section 2.022.02 below):

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Limestone Bancorp, Inc.)

Purchase of Assets. Upon the terms and subject to the conditions and representations set forth herein, Seller shall sell, convey, assign and transfer to Buyer, and Buyer shall purchase and accept from Seller, all right, title and interest of Seller in and to the following assets related to the Branch Offices (collectively, the “Assets”), ) as of the close of business on the Closing Date (as defined in Section 2.022.02 below):

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Harrington West Financial Group Inc/Ca)

Purchase of Assets. Upon the terms and subject to the conditions herein set forth, in reliance upon the representations and representations set forth hereinwarranties contained herein and in consideration of the payment of the Purchase Price, at the Closing Seller shall sell, convey, assign assign, transfer and transfer deliver to Buyer, and Buyer shall purchase and accept acquire from Seller, all rightof the rights, title title, interests and interest obligations of Seller in and to the following assets specified in the Disclosure Schedule attached hereto as Exhibit D (collectively, the “Assets”), as of the close of business on the Closing Date (as defined in Section 2.02):.

Appears in 1 contract

Samples: Asset Purchase Agreement (Genius Products Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.