DATE OF TRANSFER. Provided that the Closing occurs, it is the intent of the Parties that the Acquired Assets be transferred to Purchaser effective as of 12:00:01 a.m. on the Effective Date. Further, the Assumed Liabilities shall be transferred to and assumed by Purchaser effective as of 12:00:01 a.m. on the Effective Date.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Primal Solutions Inc), Asset Purchase Agreement (Primal Solutions Inc), Asset Purchase Agreement (Primal Solutions Inc)
DATE OF TRANSFER. Provided that the Closing occurs, it It is the intent of the Parties that the Acquired Purchased Assets be transferred to Purchaser Buyer effective as of 12:00:01 a.m. 11:59 p.m. on the Effective Closing Date. Further, the Assumed Liabilities shall be transferred to and assumed by Purchaser Buyer effective as of 12:00:01 a.m. 11:59 p.m. on the Effective Closing Date.
Appears in 1 contract
Samples: Asset Purchase Agreement (Global Vision Holdings, Inc.)
