Assets to Buyer Sample Clauses
The 'Assets to Buyer' clause defines the transfer of specified assets from the seller to the buyer as part of a transaction. It typically outlines which assets are included in the sale, such as equipment, inventory, intellectual property, or contracts, and may specify any exclusions. This clause ensures that both parties have a clear understanding of what is being transferred, thereby preventing disputes and ensuring the buyer receives all intended assets.
Assets to Buyer. Except as expressly provided in this Agreement, Buyer shall have no obligation to pay Seller any further amounts, royalties or other proceeds or payments in connection with the ownership, use and exploitation of the IP Assets by Buyer, its Affiliates, assigns, licensees, customers or any other parties.
Assets to Buyer. On the terms and subject to the conditions set forth in this Agreement, Sellers shall, at the Closing (as hereinafter defined), sell, transfer and assign to U.S. Buyer and U.S. Buyer shall, except as provided in Section 1.03, purchase and acquire from Sellers, all of Sellers' right, title and interest as of the Closing Date (as hereinafter defined) in and to all of the following assets (collectively, the "Assets"):
Assets to Buyer. If, at the time of enforcement of any of the provisions of this Section 6.2, a court of competent jurisdiction and venue judicially determines that the restrictions stated herein are unreasonable under the circumstances then existing, Seller agrees that the maximum period, scope or geographical area reasonable under such circumstances will be substituted for the stated period, scope or area.
Assets to Buyer. Each Seller and NFI shall furnish or cause to be furnished to Buyer the following: