Examples of Intangible Personal Property in a sentence
All income, except any Intangible Personal Property, and expenses with respect to the Property, and applicable to the period of time before and after Closing, determined in accordance with sound accounting principles consistently applied, shall be allocated between the Contributors and the Acquiror.
All income, except any Intangible Personal Property, and expenses with respect to the Property, and applicable to the period of time before and after Closing, determined in accordance with sound accounting principles consistently applied, shall be allocated between the Contributor and the Acquiror.
All of the Tangible Personal Property, Intangible Personal Property and Inventory being conveyed by the Contributor to the Acquiror or to the Acquiror's managing agent, lessee or designee, will be free and clear of all liens, leases (other than the Leases) and other encumbrances on the date of Closing and the Contributor has good, merchantable title thereto and the right to convey same in accordance with the terms of the Agreement.
All Personal Property and Intangible Personal Property shall be conveyed to Buyer by Seller at the Close of Escrow free from any liens, encumbrances or security interests of any kind or nature other than the Permitted Exceptions.
All of the Tangible Personal Property and Intangible Personal Property being conveyed by Transferor to Transferee is free and clear of all liens and encumbrances and will be so on the Closing Date and Transferor has good, merchantable title thereto and the right to convey same in accordance with the terms of this Agreement.