Common use of Valid Sale Clause in Contracts

Valid Sale. This Agreement and each Sale Assignment shall effect a valid sale, transfer and assignment of the Purchased Assets from the Seller to the Buyer, enforceable against the Seller in accordance with their terms.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (American Capital Strategies LTD)

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Valid Sale. This Agreement and each Sale Assignment shall effect effects a valid sale, transfer and assignment of the Purchased Assets specified in such Sale Assignment from the Seller to the Buyer, enforceable against the Seller in accordance with their terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Kohlberg Capital CORP)

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Valid Sale. This Agreement and each Sale Assignment shall effect a valid sale, transfer and assignment of the Purchased Assets from the Seller to the Buyer, enforceable against the Seller in accordance with their its terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American Capital Strategies LTD)

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