Common use of Assets Transferred Clause in Contracts

Assets Transferred. On the terms and subject to the ------------------ conditions set forth in this Agreement, Seller will, and Parent will cause Seller to, sell, transfer, convey, assign and deliver to Purchaser, and Purchaser will purchase and pay for, at the Closing, all of Seller's right, title and interest in, to and under all of the Assets and Properties of Seller used or held for use in connection with the Business, free and clear of all Liens and encumbrances, except as otherwise provided in Section 1.01(b), as the --------------- same shall exist on the Closing Date (collectively with any proceeds and awards referred to in Section 1.10, the "Assets"), including, without limitation, the ------------ ------ following:

Appears in 1 contract

Sources: Asset Purchase Agreement (Santa Fe Gaming Corp)

Assets Transferred. On the terms and subject to the conditions ------------------ conditions set forth in this Agreement, Seller Sellers will, and Parent will cause Seller Sellers to, sell, transfer, convey, assign and deliver to Purchaser, and Purchaser will purchase and pay for, at the Closing, all of Seller's rightSellers" rights, title and interest interests in, to and under all of the Assets assets and Properties properties of Seller Sellers used or held for use in connection with the Business, free and clear of all Liens and encumbrancesLiens, except as otherwise provided in Section 1.01(b), as the --------------- same shall exist on the --------------- Closing Date (collectively with any proceeds and awards referred to in Section 1.10------- 1.11, the "Assets"), including, without limitation, the ------------ ------ following:: ----

Appears in 1 contract

Sources: Purchase and Sale Agreement (Majestic Star Casino LLC)

Assets Transferred. On the terms and subject to the ------------------ conditions set forth in this Agreement, and subject to the provisions of Section 1.06, Seller will, and Parent will cause Seller to, sell, transfer, convey, assign and deliver to Purchaser, and Purchaser will purchase and pay for, at the Closing, free and clear of all Liens other than Permitted Liens, all of Seller's ’s right, title and interest in, to and under all of the following Assets and Properties of Seller used or held for use in connection with the Business, free and clear of all Liens and encumbrances, except as otherwise provided in Section 1.01(b), as the --------------- same shall exist on the Closing Date (collectively with any proceeds and awards referred to in Section 1.101.08, the "Assets"), including, without limitation, the ------------ ------ following:”):

Appears in 1 contract

Sources: Asset Purchase Agreement (U S Wireless Data Inc)

Assets Transferred. On the terms and subject to the ------------------ conditions set forth in this Agreement, Seller will, and Parent will cause Seller to, sell, transfer, convey, assign and deliver to Purchaser, and Purchaser will purchase and pay for, at the Closing, all of Seller's right, title and interest in, to and under all of the Assets and Properties of Seller used or held for use in connection with the Business, free and clear of all Liens and encumbrances, except as otherwise provided in Section SECTION 1.01(b), as the --------------- same shall exist on the Closing Date (collectively with any proceeds and awards referred to in Section SECTION 1.10, the "AssetsASSETS"), including, without limitation, the ------------ ------ following:

Appears in 1 contract

Sources: Asset Purchase Agreement (Station Casinos Inc)