Common use of Assets to be Transferred Clause in Contracts

Assets to be Transferred. Subject to the terms and conditions of this Agreement, on the Closing Date the Company shall sell, transfer, convey, assign, and deliver to the Purchaser, and the Purchaser shall purchase and accept from the Company, all of the assets, rights, claims and contracts (of every kind and nature, character and description, whether real, personal or mixed, whether tangible or intangible, whether accrued, contingent or otherwise, wherever situated) owned by the Company and used in the conduct of the Business, except the Excluded Assets, (the "Purchased Assets"). The Purchased Assets shall include, without limitation, the following other than Excluded Assets:

Assets to be Transferred. Subject to the terms and conditions of this Agreement, on the Closing Date Date, the Company shall, and the Shareholder shall cause the Company to, sell, transfer, convey, assign, and deliver to the PurchaserBuyer, or its assignee, and the Purchaser Buyer shall purchase and accept from the Companyaccept, all of the assetsbusiness, rights, claims and contracts assets (of every kind and kind, nature, character and description, whether real, personal or personal, mixed, whether tangible or intangible, whether accrued, contingent or otherwise, otherwise and wherever situated) owned by the Company and used in the conduct of the BusinessCompany, except together with all rights and privileges associated with such assets and the business of the Company, other than the Excluded Assets, free and clear of all Encumbrances (collectively the "“Purchased Assets"”). The Purchased Assets shall include, without limitationbut not be limited to, the following other than Excluded Assetsfollowing: