Common use of Transfer of Purchased Assets and Assumed Liabilities Clause in Contracts

Transfer of Purchased Assets and Assumed Liabilities. (a) The entire beneficial interest in and to, and the risk of loss with respect to, the Purchased Assets and the Assumed Liabilities, shall pass to Buyer when the legal title thereto shall be transferred to Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Neoprobe Corp), Asset Purchase Agreement (Neoprobe Corp)

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Transfer of Purchased Assets and Assumed Liabilities. (a) The entire beneficial interest in and to, and the risk of loss with respect to, the Purchased Assets and the Assumed Liabilities, shall pass to the Buyer when the legal title thereto shall be transferred to the Buyer.

Appears in 2 contracts

Samples: Acquisition Agreement, Acquisition Agreement (Richardson Electronics LTD/De)

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Transfer of Purchased Assets and Assumed Liabilities. (a) The entire beneficial interest in and to, and the risk of loss with respect to, the Purchased Assets and the Assumed Liabilities, Liabilities shall pass to Buyer when the legal title thereto shall be transferred to Buyer.

Appears in 1 contract

Samples: Acquisition Agreement (Eloyalty Corp)

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