Asset Purchase definition

Asset Purchase has the meaning set forth in the Recitals.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Asset Purchase shall have the meaning set forth in the recitals.

Asset Purchase means the purchase of the “Transferred Assets” (as defined in the Asset Purchase Agreement) pursuant to the Asset Purchase Agreement.

Examples of Asset Purchase in a sentence

• If the Option is exercised during the Option Period in accordance with Section 5.4.2, the Term of this Agreement shall be extended through the Closing of the Asset Purchase.

• If the Option is exercised, the closing of the Asset Purchase (the “Closing”) shall take place remotely on such date no later than 30 days after the exercise of the Option as mutually agreed by Licensee and Licensor in writing.

• Assignor and Assignee have entered into that certain Asset Purchase Agreement, dated as of August 13, 2025 (the “Agreement”), pursuant to which Assignor has agreed to sell, transfer, assign, convey and deliver to Assignee, and Assignee has agreed to purchase and acquire from Assignor, all of Assignor’s right, title and interest in all of the Purchased Trademarks (as defined in the Agreement).

More Definitions of Asset Purchase

Asset Purchase shall have the meaning set forth in the Recitals to the Agreement.

Asset Purchase means the purchase by the buyers under the Asset Purchase Agreement of, or the buyers’ failure to purchase when required by the Asset Purchase Agreement, assets having an aggregate market value of at least $500,000,000 pursuant to the Asset Purchase Agreement.

Asset Purchase means and refer to the purchase of the Seller Assets in exchange for payment of the Purchase Price.

Asset Purchase means an acquisition by the Borrower or any of its Subsidiaries of (i) all or substantially all of the assets of any Person (other than the Borrower or any of its Subsidiaries) or (ii) property and assets of any Person (other than the Borrower or any of its Subsidiaries), in each case comprising a television station or a business incidental thereto.

Asset Purchase means the sale by the Seller and the purchase by the Buyer of the Assets and the assumption of the Assumed Obligations by the Buyer pursuant to this Agreement and the Assignment and Assumption Agreement.

Asset Purchase means the purchase and sale of the Purchased Assets and the assumption of the Assumed Liabilities pursuant to this Agreement.

Asset Purchase has the meaning set forth in the second recital hereto.