Regarding Assets Clause Samples
Regarding Assets. The Seller agrees to sell, transfer, and assign to the Buyer, and the Buyer agrees to purchase from the Seller, all specialized equipment and goodwill established on the premises for operating a cryptocurrency mining business, including but not limited to (Exhibit3-List of Acquisition Assets and delivery check list): [****] transformers [****].(Alpha Plotter LLC will provide addition 6 months warranty(part and labor) from acceptance date) [****] distribution panels. (Alpha Plotter LLC will provide addition 6 months warranty (part and labor)from acceptance date) [****] mining containers equipped with Power Distribution Units (PDUs) and internet connections. [****] feet of copper wire. Internet access equipment. Security cameras and recording equipment. [****] industrial exhaust fans. [****] wooden frame water curtains. Other accessories as per the actual situation of the premises. Tenant improvements made by the Seller inside the building, such as electrical connections and office area renovations, and all design and construction permits obtained from the city. The Seller shall ensure that the transformers, mining containers, and other related facilities and materials delivered in the acquisition are intact and in a usable condition. Relevant purchase invoices must be provided for the above equipment, facilities, and materials. The above equipment, facilities, and materials should be registered, detailing the manufacturer or seller, manufacturing or sale date, main technical parameters, user manuals, maintenance terms, insurance situation, etc. The Seller declares and guarantees to the Buyer that the Seller has good and marketable title to the assets, free of any liens, charges, and encumbrances. The above assets have not been used, and the mine formed by such assets does not have any deployed and operational mining machines.
Regarding Assets
