Transfer of Possession. Title and possession of the Purchased Assets will pass from Vendor to Purchaser on the Closing Date and, for all other purposes, if Closing occurs, the transfer and assignment of the Purchased Assets from Vendor to Purchaser will be effective as of the Effective Time.
Appears in 2 contracts
Samples: Asset Sale and Purchase Agreement (Douglas Lake Minerals Inc.), Asset Sale and Purchase Agreement (Douglas Lake Minerals Inc.)
Transfer of Possession. Title and possession Possession of the Purchased Assets will pass from Vendor to Purchaser on the Closing Date and, for all other purposes, if Closing occurs, the transfer and assignment of the Purchased Assets from Vendor to Purchaser will be effective as of the Effective TimeDate.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Geocan Energy Inc), Purchase and Sale Agreement (Westlink Resources LTD)
