Common use of Sale and Purchase of Assets Clause in Contracts

Sale and Purchase of Assets. (a) The Manager shall, in accordance with instructions from the Board, supervise the sale and purchase of assets on the Company’s behalf including the completion of such transactions.

Appears in 26 contracts

Samples: Management and Administrative Services Agreement (Torque Lifestyle Brands, Inc.), Management and Administrative Services Agreement (Gentech Holdings, Inc.), Management and Administrative Services Agreement

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Sale and Purchase of Assets. (a) The Manager shall, in accordance with instructions from the Board, supervise shall complete the sale and purchase of assets on behalf of the Company’s behalf including Customers, in accordance with specific instructions from the completion Board or, where relevant, the board of such transactionsdirectors of the Subsidiary owning the asset or established for the purpose of purchasing the asset, as applicable.

Appears in 2 contracts

Samples: General Management Agreement, General Management Agreement (North Atlantic Drilling Ltd.)

Sale and Purchase of Assets. (a) a. The Manager shall, if requested and in accordance with specific instructions from the BoardBoard and the Subsidiary in question, supervise the sale and purchase of vessels or other assets on the Company’s behalf including the completion of such transactionstransaction.

Appears in 1 contract

Samples: Management Agreement (Golar LNG LTD)

Sale and Purchase of Assets. (a) The Manager shall, in accordance with instructions from the Board, supervise the sale and purchase of assets on the Company’s behalf behalf, including the completion of such transactions.

Appears in 1 contract

Samples: Management and Administrative Services Agreement (BTHC X Inc)

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Sale and Purchase of Assets. (a) The Manager shall, in accordance with specific instructions from the BoardCompany, supervise the sale and purchase of assets on the Company’s behalf behalf, including the completion of such transactions.

Appears in 1 contract

Samples: General Management Agreement (Seawell LTD)

Sale and Purchase of Assets. (a) The Manager shall, in accordance with specific instructions from the Board, supervise complete the sale and purchase of assets on behalf of the Company’s behalf including the completion of such transactionsGroup.

Appears in 1 contract

Samples: Management Agreement (Knightsbridge Tankers LTD)

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