Common use of Sales contract Clause in Contracts

Sales contract. Seller agrees to sell Purchaser and Purchaser agrees to purchase from Seller, subject to the terms, covenants, conditions, representations and warranties herein contained, the following: (a) All of Seller's interest in the real property described as Exhibit "A" (the "LAND"); (b) All buildings and improvements located on said property (the "IMPROVEMENTS") and all machinery, equipment, fixtures, inventory, supplies, groceries and other items of personal property owned by Seller and used in the operation and maintenance of Seller's nursing center business at the Facility (the "PERSONAL Property") (the "Land" and "Improvements" are sometimes hereinafter collectively referred to as the "REAL PROPERTY"); (c) If and to the extent assignable, all of Seller's interest in all assignable contract rights (not including accounts receivable and bank account balances, instruments, documents of title, policies and certificates of insurance, business records) and other items of intangible property used in the operation and maintenance of the Facility, all of which may be accepted at Purchaser's option as provided herein (the "CONTRACTS"); (d) All of Seller's right, title and interest in and to the name "Refugio Nursing and Rehabilitation Center, Inc." (the "NURSING HOME NAME"); and (e) All of the admission policy agreements, patient's rights agreements and/or other patient or resident occupancy agreements with existing residents or patients of the Facility (collectively, the "ADMISSIONS AGREEMENTS"), which New Operator shall assume and take operational control of the Facility subject to; (f) All of which property, real, personal, tangible, intangible and mixed shall hereinafter be referred to collectively as the "PREMISES".

Sales contract. Seller agrees to sell to Purchaser and Purchaser agrees to purchase from Seller, subject to the terms, covenants, conditions, representations and warranties herein contained, the following: (a) All of Seller's interest in the real property described as Exhibit "A" (the "LAND"); (b) All buildings and improvements located on said property (the "IMPROVEMENTS") and all machinery, equipment, fixtures, inventory, supplies, groceries and other items of personal property owned by Seller and used in the operation and maintenance of Seller's nursing center business at the Facility (the "PERSONAL PropertyPROPERTY") (the "Land" and "Improvements" are sometimes hereinafter collectively referred to as the "REAL PROPERTY"); (c) If and to the extent assignable, all of Seller's interest in all assignable contract rights (not including accounts receivable and bank account balances, instruments, documents of title, policies and certificates of insurance, business records) and other items of intangible property used in the operation and maintenance of the Facility, all of which may be accepted at Purchaser's option as provided herein (the "CONTRACTS"); (d) All of Seller's right, title and interest in and to the name "Refugio Goliad Nursing and Rehabilitation Center, Inc." (the "NURSING HOME NAME"); and (e) All of the admission policy agreements, patient's rights agreements and/or other patient or resident occupancy agreements with existing residents or patients of the Facility (collectively, the "ADMISSIONS AGREEMENTS"), which New Operator shall assume and take operational control of the Facility subject to; (f) All of which property, real, personal, tangible, intangible and mixed shall hereinafter be referred to collectively as the "PREMISES".