Common use of Assignment of Purchased Interests Clause in Contracts

Assignment of Purchased Interests. In accordance with the Agreement and in exchange for good and valuable consideration, the receipt of which is hereby acknowledged, and effective as of the Effective Date, the Viking hereby sells, assigns, transfers, conveys and delivers to Camber, and Camber hereby purchases and accepts, all of the Purchased Interests free and clear of all encumbrances.

Appears in 3 contracts

Samples: Assignment of Membership Interests (Camber Energy, Inc.), Assignment of Membership Interests (Viking Energy Group, Inc.), Assignment of Membership Interests (Camber Energy, Inc.)

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Assignment of Purchased Interests. In accordance with the Agreement (and the Third Amendment) and in exchange for good and valuable consideration, the receipt of which is hereby acknowledged, and effective as of the Effective Date, the Viking hereby sells, assigns, transfers, conveys and delivers to Camber, and Camber hereby purchases and accepts, all of the Purchased Interests free and clear of all encumbrances.

Appears in 2 contracts

Samples: Assignment of Membership Interests (Viking Energy Group, Inc.), Assignment of Membership Interests (Camber Energy, Inc.)

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