Common use of Sale and Transfer of Assets Clause in Contracts

Sale and Transfer of Assets. For good and valxxxxe consideration, the receipt, adequacy and legal sufficiency of which are hereby acknowledged, and as contemplated by Section 2.3(c) of that certain Asset Purchase Agreement, dated as of _______________, 2003, among XeQute Solutions, Inc., XeQute Solutions PLC, Vertex Interactive, Inc. and JAG Media Holdings, Inc. (the "Purchase Agreement"), to which XeQute Solutions, Inc., a Delaware corporation (the "Seller"), and JAG Media Holdings, Inc., a Nevada corporation (the "Buyer"), are parties, Seller hereby sells, transfers, assigns, conveys, grants and delivers to Buyer, effective as of 1:00 p.m. (New York time) on _________, 2003 (the "Effective Time"), all of Seller's right, title and interest in and to all of the Assets (as such term is defined in the Purchase Agreement), including, without limitation, all of the Assets set forth on Schedule A hereto.

Sale and Transfer of Assets. For good gxxx and valxxxxe valuable consideration, the receipt, adequacy and legal sufficiency of which are hereby acknowledged, and as contemplated by Section 2.3(c) of that certain Asset Purchase Agreement, dated as of _______________, 2003, among XeQute Solutions, Inc., XeQute Solutions PLC, Vertex Interactive, Inc. and JAG Media Holdings, Inc. (the "Purchase Agreement"), to which XeQute Solutions, Inc., a Delaware corporation (the "Seller"), and JAG Media Holdings, Inc., a Nevada corporation (the "Buyer"), are parties, Seller hereby sells, transfers, assigns, conveys, grants and delivers to Buyer, effective as of 1:00 p.m. (New York time) on _________, 2003 (the "Effective Time"), all of Seller's right, title and interest in and to all of the Assets (as such term is defined in the Purchase Agreement), including, without limitation, all of the Assets set forth on Schedule A hereto.

Sale and Transfer of Assets. For good and valxxxxe xxxxable consideration, the receipt, adequacy and legal sufficiency of which are hereby acknowledged, and as contemplated by Section 2.3(c) of that certain Asset Purchase Agreement, dated as of _______________, 2003, among XeQute Solutions, Inc., XeQute Solutions PLC, Vertex Interactive, Inc. and JAG Media Holdings, Inc. (the "Purchase Agreement"), to which XeQute Solutions, Inc., a Delaware corporation (the "Seller"), and JAG Media Holdings, Inc., a Nevada corporation (the "Buyer"), are parties, Seller hereby sells, transfers, assigns, conveys, grants and delivers to Buyer, effective as of 1:00 p.m. (New York time) on _________, 2003 (the "Effective Time"), all of Seller's right, title and interest in and to all of the Assets (as such term is defined in the Purchase Agreement), including, without limitation, all of the Assets set forth on Schedule A hereto.