01Purchase and Sale of Assets Sample Clauses

01Purchase and Sale of Assets. Subject to the terms and conditions set forth herein, Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase from Seller, all of Seller's right, title and interest in [the assets set forth on Section I.01 of the disclosure schedules ("Disclosure Schedules") attached hereto ][{DESCRIPTION OF ASSETS} ](the "Purchased Assets"), free and clear of any mortgage, pledge, lien, charge, security interest, claim or other encumbrance ("Encumbrance").
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01Purchase and Sale of Assets. Subject to the terms and conditions set forth herein, at the Closing, each Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase, acquire and accept from each Seller, free and clear of any Encumbrances other than Permitted Encumbrances, all of such Seller’s right, title and interest in, to and under all of the assets, properties and rights, of every kind and nature (whether real, personal or mixed, tangible or intangible (including goodwill)), which primarily relate to, or are primarily used or held for use in connection with, the Business (collectively, the “Purchased Assets”), including, without limitation, the following (but excluding the Excluded Assets): (a) all accounts or notes receivable, and any security, claim, remedy or other right related to any of the foregoing (“Accounts Receivable”); (b) all inventory, finished goods, raw materials, work in progress, packaging, supplies, parts and other inventories (“Inventory”); (c) all Contracts set forth on Section 2.01(c) of the Disclosure Schedules and Intellectual Property Agreements set forth on Section 4.11(a) of the Disclosure Schedules (collectively, the “Assigned Contracts”); (d) all rights under non-disclosure, non-solicitation or non-competition provisions of Contracts to which such Seller is a party with current or former employees or consultants or other Persons to the extent that such provisions relate to the Business (“Business Non-Disclosure Provisions”), regardless of whether such Contracts themselves constitute Assigned Contracts; (e) all Intellectual Property Assets; (f) all furniture, fixtures, equipment, supplies and other tangible personal property of the Business listed on Section 2.01(f) of the Disclosure Schedules (the “Tangible Personal Property”); (g) [Reserved]; (h) all Permits required for the conduct of the Business as currently conducted or for the ownership and use of the Purchased Assets, including, without limitation, those Environmental Permits listed on Section 2.01(h) of the Disclosure Schedules, but only to the extent such Permits may be transferred under applicable Law; (i) all rights to any claim, action, cause of action, demand, lawsuit, arbitration, inquiry, audit, notice of violation, proceeding, litigation, citation, summons, subpoena, warranty, guarantee or investigation, and all other rights and privileges against third parties, in each case of any nature, civil, criminal, administrative, regulatory or otherwise, whether at ...
01Purchase and Sale of Assets. On and subject to the terms and conditions of this Agreement, Bxxxx agrees to purchase from Seller, and Sxxxxx agrees to sell, transfer, convey, and deliver to Buyer, all of the Acquired Assets at the Closing in consideration of the payment of the Purchase Price as specified below in Sections 2.02 and 2.03.
01Purchase and Sale of Assets. Subject to the terms and conditions set forth herein, Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase and acquire from Seller, all of Seller's rights, title, interest and benefit of any kind whatsoever in and to the following assets: (i) all trademark and tradename rights associated with the “Roots” and “Roots Nursery” marks (“Marks”), the going concern value associated therewith, goodwill, know-how, trade secrets, standard operating procedures, confidential and proprietary information, data, and social media accounts related to the Marks and the Business (the “Purchased Assets”), free and clear of any mortgage, pledge, lien, charge, security interest, claim or other encumbrance of any kind (collectively, “Encumbrances”).

Related to 01Purchase and Sale of Assets

  • Purchase and Sale of Assets Upon and subject to the terms and conditions hereof, at the Closing, Arrow shall sell, transfer and assign to Acquisition Sub, and Acquisition Sub shall purchase and acquire from Arrow, all right, title and interest in and to the assets utilized in connection with the performance and technical and administrative support of the Business, including the following assets (the “Dagger Assets”), in each case free and clear of all Security Interests, except Permitted Encumbrances: 2.1.1 all contracts and other arrangements relating to the Business pursuant to which Arrow is providing goods and/or services, and all proposals, bids and offers for future such contracts and arrangements, including the contracts and other arrangements, proposals, bids and offers listed on Schedule 2.1.1 (the “Dagger Engagements”); 2.1.2 all contracts and other arrangements pursuant to which Arrow formerly provided goods and/or services relating to the Business, excluding the contracts and other arrangements listed on Schedule 2.1.2 (the “Dagger Completed Engagements”); 2.1.3 all other contracts relating to the Business and to which Arrow is a party, including employment agreements, nondisclosure agreements, teaming agreements, joint ventures, joint marketing agreements, consulting agreements and subcontracts (the “Dagger Contracts”), but excluding the Dagger Leases, regardless of whether Arrow has obtained any necessary consents to the assignment of such Dagger Contracts; 2.1.4 all of the leases, subleases, licenses or other agreements for the use of physical locations listed on Schedule 2.1.4 (the “Dagger Leases”); 2.1.5 all prepaid expenses, deposits, advances, other prepayments and related rights paid or obtained by Arrow relating to the Business, (other than those, if any, which constitute Excluded Assets under Section 2.2) that exist as of the Closing; 2.1.6 all of the rights in or relating to intellectual property described in the Ancillary Agreement relating to intellectual property, the form of which is attached as Exhibit A (the “Intellectual Property Agreement”); 2.1.7 all of Arrow’s training materials, speaking materials and sales or promotional materials that relate to the Business; 2.1.8 all of Arrow’s tangible assets primarily relating to the Business (other than those tangible assets, if any, which constitute Excluded Assets under Section 2.2), including all furniture, fixtures, machinery, office and other equipment and leasehold improvements relating to the Business and all other tangible assets as materially listed on Schedule 2.1.8 (the “Dagger Tangible Assets”); 2.1.9 all of Arrow’s accounts receivable and unbilled accounts receivable and work-in-process that relate to the Business (the “Dagger Receivables” and the “Dagger Work-In-Process,” respectively); 2.1.10 all books, papers, ledgers, documents and records relating to the Dagger Assets, including all records and documents relating to the Dagger Engagements, the Dagger Contracts, the Dagger Receivables, the Dagger Work-In-Process and the Dagger Obligations (provided that Arrow may retain copies of such books, papers, ledgers, documents and records), as well as complete copies of all other books, papers, ledgers, documents and records relating to the Dagger Assets. 2.1.11 all inventory and supplies related to the Business; 2.1.12 all Permits relating to the Business or the Dagger Facilities, including the permits listed on Schedule 2.1.12, to the extent the same may be transferred; and 2.1.13 all of Arrow’s other tangible and intangible assets related to the Business. 2.1.14 all of Arrow’s capital stock and other voting interests in the Dagger Subsidiaries (collectively, the “Dagger Subsidiary Shares”).

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