PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY Clause Samples
The 'Purchase of Equipment and Personal Property' clause defines the terms under which one party acquires ownership of specific equipment or personal property from another party. It typically outlines the items to be purchased, the purchase price, payment terms, and the timing of transfer of ownership and risk. For example, it may specify that all office computers and furniture used in a business are included in the sale and detail when payment is due. This clause ensures both parties have a clear understanding of what assets are being transferred and under what conditions, thereby reducing the risk of disputes over ownership or payment obligations.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by ▇▇▇▇▇▇ United Methodist Church and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of Pisgah United Methodist Church (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by Trinity United Methodist Church of Dysartsville, Inc., and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of Trinity United Methodist Church of Dysartsville, Inc., (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by Concord United Methodist Church of Lewisville, Inc. and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of Concord United Methodist Church of Lewisville, Inc. (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by First United Methodist Church of Dallas, North Carolina, and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of First United Methodist Church of Dallas, North Carolina (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by McKendree United Methodist Church, Inc. and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of McKendree United Methodist Church, Inc. (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by ▇▇▇▇▇▇ United Methodist Church of Lincoln County NC, Inc., and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of ▇▇▇▇▇▇ United Methodist Church of Lincoln County NC, Inc. (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by ▇▇▇▇▇▇▇ United Methodist Church, WNCC, Inc. and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of ▇▇▇▇▇▇▇ United Methodist Church, WNCC, Inc. (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by ▇▇▇▇▇▇ United Methodist Church of Davidson County, Inc. and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of Shiloh United Methodist Church of Davidson County, Inc., (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by Center United Methodist Church of Yadkinville, Inc. and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of Center United Methodist Church of Yadkinville, Inc. (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.
PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY. For valuable consideration, the sum of $1.00, receipt of which is acknowledged, ▇▇▇▇▇▇ agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and ▇▇▇▇▇ agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by Mount Pleasant United Methodist Church NC, Inc. and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of Mount Pleasant United Methodist Church NC, Inc. (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.