Examples of Asset Purchase Agreements in a sentence
On the Effective Date, the Purchasers shall pay to the Debtors the Sale Transaction Cash Proceeds, as and to the extent provided for in the Asset Purchase Agreements.
This category includes time spent by Applicant assisting the Debtors' and advisors with various asset sales including discussions with potential buyers, attaining and submitting information for buyer diligence related to the sale, supplying supporting analysis/forecasts, and creation/support of Asset Purchase Agreements including schedules.
Under the terms of the Asset Purchase Agreements, all royalty payments due by TTE to Alpha Engines were settled with no future royalty payments due.
On the Effective Date, the Debtors shall consummate the Sale Transaction and, among other things, the acquired assets, as set forth in the Asset Purchase Agreements, shall be transferred to and vest in the Purchasers free and clear of all Liens, Claims, charges, or other encumbrances pursuant to the terms of the Asset Purchase Agreements and Confirmation Order.
Notwithstanding anything to the contrary in the Plan or in the Asset Purchase Agreements, on the Effective Date, any Cause of Action not settled, released, discharged, enjoined or exculpated under Article VIII of the Plan on or prior to the Effective Date shall vest in the Post-Effective Date Debtors and shall be subject to administration by the Plan Administrator.