Purchase of Other Assets Sample Clauses

Purchase of Other Assets. The Borrowers shall not purchase any other assets other than the Ships.
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Purchase of Other Assets. Concurrently with the execution and delivery of this Agreement and the transaction documents related hereto, Seller and Purchaser shall execute and deliver a second asset purchase agreement pursuant to which Purchaser shall have the right, but not the obligation, to purchase Seller’s Operational Assets pursuant to the terms and conditions set forth in such agreement.
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Purchase of Other Assets. In the event the Investor acquires the Owned Aircraft and the Leased Aircraft, Investor will purchase, free and clear of all liens, a flight simulator and a cabin door trainer (together with all licenses and agreements related to the operation thereof) for an aggregate purchase price equal to the fair market value thereof of approximately $9.5 million, and will also purchase certain spare parts and tooling equipment at an aggregate purchase price equal to the fair market value thereof and not to exceed $5.0 million. Any such purchase shall be subject to inspection by Investor.
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Purchase of Other Assets. On or before May 1, 2004, Purchaser will advise Seller of (a) any personnel appearing on Exhibit A to whom Purchaser desires to extend an offer of employment, (b) any existing Seller office leases (other than those designated in the Asset Purchase Agreement) that Purchaser wishes to sub-lease (in whole or in part), have assigned or assume, and (c) any Seller PEO assets dedicated to Seller's PEO business that Purchaser wishes to purchase for an amount not to exceed Seller's book value. Purchaser and Seller will negotiate in good faith regarding the sub-lease, assignment or assumption of any such leases and the purchase of any such assets. Notwithstanding the foregoing, nothing shall preclude Seller from sub-leasing or assigning any such leases to any other person, or selling any such assets to any other person, prior to such date.
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Purchase of Other Assets. 1 SECTION 3. Reinsurance of Later Business . . . . . . . . . . . . . . . . 2 SECTION 4. Closing . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 SECTION 5. Purchase Price and Other Payments . . . . . . . . . . . . . . 3
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Purchase of Other Assets. In addition to the Aviation Business, the following assets will be sold and conveyed by Seller to Purchaser on the Closing Date (the Aviation Business and the following assets, collectively referred to as the "Assets"):
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Purchase of Other Assets. Goliath shall pay to Bulldog, on June 28, 2005 $15,000.00 for the laboratory benches, cubicles, office furniture and all other leasehold improvements as located at the Premises, and Bulldog hereby assigns, conveys and transfers all such items to Goliath.
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Purchase of Other Assets. Buyer shall have entered into an agreement with B&B Hauling and Sevenstar for the purchase of and closing on the assets listed in Exhibit A and Exhibit B hereto, which closing shall be prior to the Closing hereunder.
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Related to Purchase of Other Assets

  • Representations and Warranties as to the Receivables The Seller makes the following representations and warranties as to each Receivable, on which Ally Auto relies in accepting the Receivables. Such representations and warranties speak as of the Closing Date, and shall survive the sale, transfer and assignment of the Receivables to Ally Auto and the subsequent assignment and transfer pursuant to the Further Transfer Agreements:

  • Representations and Warranties of the Depositor as to the Mortgage Loans The Depositor hereby represents and warrants to the Trustee with respect to the Mortgage Loans or each Mortgage Loan, as the case may be, as of the date hereof or such other date set forth herein that as of the Closing Date:

  • Representations and Warranties of the Seller with Respect to the Receivables The Seller makes the following representations and warranties as to the Receivables on which the Issuer is deemed to have relied in acquiring the Receivables. Such representations and warranties speak as of the execution and delivery of this Agreement and as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

  • Representations and Warranties as to the Pool of Receivables The Depositor makes the following representations and warranties as to the pool of Receivables on which the Trust shall be deemed to have relied in accepting the pool of Receivables. The representations and warranties speak as of the Closing Date, except to the extent otherwise provided, but shall survive the sale, transfer, assignment and conveyance of the pool of Receivables to the Trust pursuant to this Agreement and the pledge of the Receivables to the Indenture Trustee pursuant to the Indenture:

  • Representations and Warranties of the Company Concerning the Mortgage Loans With respect to the conveyance of the Mortgage Loans provided for in Section 2.04 herein, the Company hereby represents and warrants to the Trust that as of the Cut-Off Date unless otherwise indicated:

  • Representations and Warranties Concerning the Mortgage Loans The Indenture Trustee, as pledgee of the Mortgage Loans, has the benefit of the representations and warranties made by the Seller in Section [____] and Section [____] of the Mortgage Loan Purchase Agreement concerning the Mortgage Loans and the right to enforce the remedies against the Seller provided in such Section [____] or Section [____] to the same extent as though such representations and warranties were made directly to the Indenture Trustee.

  • Representations and Warranties of the Seller as to each Receivable On the date hereof, the Seller hereby makes the representations and warranties set forth on Schedule I to the Issuer and the Indenture Trustee as to the Receivables sold, transferred, assigned, and otherwise conveyed to the Issuer under this Agreement on which such representations and warranties the Issuer relies in acquiring the Receivables. The representations and warranties as to each Receivable shall survive the Grant of the Receivables by the Issuer to the Indenture Trustee pursuant to the Indenture. Notwithstanding any statement to the contrary contained herein or in any other Transaction Document, the Seller shall not be required to notify any insurer with respect to any Insurance Policy obtained by an Obligor or to notify any Dealer about any aspect of the transaction contemplated by the Transaction Documents.

  • Warranty as to Stock The Company hereby represents and warrants that the Stock, when issued, will be duly authorized, validly issued, fully paid and nonassessable. Such representation and warranty shall survive the deposit of the Stock and the issuance of Receipts.

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