Purchase of Personal Property. Effective upon the Assignment Date and following the receipt of Landlord's consent hereto, Assignee agrees to purchase and Assignor agrees to sell the Assignor's Personal Property. Assignee agrees to pay Assignor the sum of Nine Thousand Seven Hundred Seventy-One and 14/100 Dollars ($9,771.14) ("Personal Property Purchase Price") for the Assignor's Personal Property, which shall be payable upon the delivery of a Bill of Sale executed by Assignor, in xxx form of Exhibit B attached hereto and incorporated herein ("Bill of Sale"), conveying title to Asxxxxee; provided, however, that if the network cabling is not category 5, then the Personal Property Purchase Price shall be reduced to Two Thousand Two Hundred Ninety-Six and 63/100 Dollars. No commission shall be paid to any Broker or third party on account of the Personal Property Purchase Price.
Purchase of Personal Property. On the Closing Date and subject to satisfaction of the Conditions Precedent, Assignee shall pay to Assignor, cash, or equivalent, in the amount of four hundred and ten thousand dollars and no cents ($410,000.00), in full payment for all of the Personal Property (the "Personal Property Consideration"). Simultaneous with delivery by Assignee of the Personal Property Consideration, Assignor shall deliver to Assignee a fully executed Xxxx of Sale for the Personal Property in substantially the form attached hereto as Exhibit "C" (the "Xxxx of Sale"). Assignee shall be responsible for, and shall indemnify and hold harmless Assignor against, all California sales taxes (if any) due as the result of the sale of the Personal Property. Assignor agrees to assist Assignee in claiming any applicable exemption for occasional sales under California Revenue and Taxation Code Section 6006.5(a).
Purchase of Personal Property. Subject to the terms of this Agreement, Debtor may direct Secured Party to purchase PERSONAL PROPERTY on January 1, 1997 for an amount no greater than Two Million Dollars ($2,000,000.00);
Purchase of Personal Property. Sublessee agrees that upon execution of this Sublease, it shall purchase those items of furniture listed on the attached Exhibit C from Sublessor for the sum of $50,000, and such sum shall be paid upon signing of this Sublease in addition to rent for the month of August. Sublessor will give a bill of sale warranting its ownxxxxip of such items, which Sublessee will accept AS IS with no warranties as to condition.
Purchase of Personal Property. At the Closing (defined below), and subject to the terms and conditions of this Agreement, Sellers agree to sell, transfer and deliver to Purchaser, and Purchaser agrees to purchase from Sellers, all of the Assets at the Locations of Sellers, other than real estate and appurtenant fixtures, free and clear of all liens, interests, rights, claims, encumbrances and restrictions of any kind. Assets include all tangible and intangible assets of Sellers utilized in or related to the operation of the Locations, other than real property and any property excluded by this Agreement. Assets shall be set forth in schedules as set forth below and shall be transferred by certificate of title or by bxxx of sale, as appropriate.
Purchase of Personal Property. At the Closing (defined below), and subject to the terms and conditions of this Agreement, Seller agrees to sell, transfer and deliver to Buyer, and Buyer agrees to purchase from Seller, all of the tangible and intangible personal property assets of the convenience center business (“Personal Property”) of Seller, other than real estate and appurtenant fixtures, free and clear of all liens, interests, rights, claims, encumbrances and restrictions of any kind (collectively, “Encumbrances”), except for any Encumbrances known to Buyer or Buyer’s principal, Xxxxxxx Xxxxxxx, that are not disclosed to Seller (See Section 8.4). The Personal Property is defined as all tangible and intangible assets of Seller utilized in or related to the operation of the Crossroads Convenience Center business, other than real property and any property excluded by this Agreement. All tangible Personal Property, including all assets listed on Seller’s Balance Sheet (Exhibit “A”), shall be set forth in schedules as set forth below and shall be transferred by certificate of title or by xxxx of sale, as appropriate.
Purchase of Personal Property. The right to purchase Personal Property and other services and requirements used by AIRLINE from any Person or company of AIRLINE's choice that are necessary or incidental to the AIRLINE providing Air Transportation at the Airport. Nothing herein shall restrict CITY from requiring a permit and levying a reasonable nondiscriminatory concession fee on any Person for conducting a non-Air Transportation business at the Airport.
Purchase of Personal Property. 8.2.1 Company’s Obligations 8.2.2 Responsibilities of Distributor 8.2.3 Payment by Company 8.2.4 Assignment of Rights 8.3 Assistance on Distributorship Premises 8.3.1 Company’s Obligations 8.3.2 Owned Distributorship Premises
Purchase of Personal Property. Subject to Executory Contracts. 84 Section 6.30 Transfer of Riverfront Holdings, Inc. Equity Interests or Purchased
Purchase of Personal Property. Subject to Executory Contracts. With respect to any Personal Property subject to an Executory Contract that is nominally an unexpired lease of Personal Property, if (a) such Contract is recharacterized by a Final Order of the Bankruptcy Court as a secured financing or (b) Purchaser, Sellers and the counterparty to such Contract agree, then Purchaser shall have the option to purchase such personal property by paying to the applicable Seller for the benefit of the counterparty to such Contract an amount equal to the amount, as applicable (i) of such counterparty’s allowed secured Claim arising in connection with the recharacterization of such Contract as determined by such Order or (ii) agreed to by Purchaser, Sellers and such counterparty. Section 6.30 Transfer of Riverfront Holdings, Inc. Equity Interests or
