Sale of Personal Property Sample Clauses

Sale of Personal Property. Mortgagee shall have the discretionary right to cause some or all of the Property, which constitutes personal property, to be sold or otherwise disposed of in any combination and in any manner permitted by applicable law.
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Sale of Personal Property. The Seller will not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal Property, except for the use and consumption of inventory and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.
Sale of Personal Property. Beneficiary and/or Trustee, as required by applicable law, shall have the discretionary right to cause some or all of the Property, which constitutes personal property, to be sold or otherwise disposed of in any combination and in any manner permitted by applicable law.
Sale of Personal Property. No personal property of any nature is included in this sale, unless specifically itemized and attached as Schedule “A’ attached hereto.
Sale of Personal Property. To retain all non-real estate Collateral in full or partial satisfaction of any unpaid Obligations as provided in the Code or sell the non-real estate Collateral at public or private sale after giving at least ten (10) days’ notice of the time and place of the sale, with or without having the Collateral physically present at the place of the sale (such notice constituting reasonable notice under the Code);
Sale of Personal Property. For good and valuable consideration, Seller hereby sells, transfers, sets over and conveys to Purchaser the following:
Sale of Personal Property. If the Commissioner notifies Tenant in writing 30 or more days before the Term expires or this Agreement is terminated that the City desires to purchase any or all of Tenant personal property, Tenant must sell to the City, upon expiration of the Term or termination of the Agreement and at fair market value, any and all Tenant personal property (except trademarked items sold or leased to Tenant, and proprietary equipment), located or used in and about the Leased Space or the Airport, and any interest in them held by Tenant. For the purposes of this section, fair market value is equal to the net (of accumulated depreciation) book value of Tenant personal property so acquired.
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Sale of Personal Property. Upon the terms and conditions and subject to the conditions of the Purchase Agreement, and intending to be legally bound hereby, the Seller does hereby, effective as of the Effective Time unconditionally and irrevocably sell, transfer, convey, assign and deliver to Buyer, its successors and assigns good and valid title to, all of the Seller's right, title and interest in and to the Personal Property of Seller (as defined in Section 1(b) of the Purchase Agreement) to have and to hold such assets unto Buyer and its successors and assigns and for their use forever. Buyer hereby accepts good and valid title to, and all rights and interests, in the Personal Property.
Sale of Personal Property. In consideration of TEN and No/100 Dollars ($10.00) and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:
Sale of Personal Property. On the Settlement Date, Woodbridge shall execute and deliver a xxxx of sale in the form attached hereto as Exhibit A selling, transferring and conveying all equipment, tools and fixtures owned by Woodbridge and presently located at the Leased Premises (“Personal Property”), free and clear of all liens, claims and other encumbrances, but otherwise on an “as is, where is” basis with no representations or warranties of any kind expressed or implied. On the Settlement Date, Woodbridge shall have obtained and filed or shall deliver to Lessor UCC-3 forms executed by The Bank of New York, as Trustee, on behalf of itself and the New Jersey Economic Development Authority releasing each of those creditor’s liens covering the Personal Property. Woodbridge shall provide executed lien releases and discharges from (i) SNC-Lavalin Project Services, Inc, (ii) Airside, Inc., (iii) Hatzel & Xxxxxxx, Inc., (iv) Xxxxxxx Industrial Contractors, Inc, (v) Xxxxxxxxx Mechanical, Inc., and (vi) The Construction Partnership, Inc., and their respective successors and assigns, releasing and discharging any and all liens and claims against the Personal Property and the Leased Premises. In addition, Woodbridge shall provide an executed release of the lis pendens executed by Xxxxxxxxx Mechanical, Inc. on March 12, 2010 and recorded on March 16, 2010 in book 2100, page 663.
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