Common use of CONSIDERATION FOR THE SELLER’S ASSETS Clause in Contracts

CONSIDERATION FOR THE SELLER’S ASSETS. In consideration for the sale and transfer of the Seller’s Assets, and subject to the terms and conditions of this Agreement, Buyer shall on the Closing Date: a) Provide full set of accounts in order for Seller to perform due diligence on Buyer; and b) As consideration for the IP, fixed assets and “know how”, the Buyer shall issue, or cause to be issued, to Seller and/or its designated parties Preferred Series-A Shares of SIML Preferred Stock; par value $0.001.

Appears in 1 contract

Samples: Asset Purchase Agreement (Simlatus Corp)

AutoNDA by SimpleDocs

CONSIDERATION FOR THE SELLER’S ASSETS. In consideration for the sale and transfer of the Seller’s Assets, and subject to the terms and conditions of this Agreement, Buyer shall on the Closing Date: (a) Provide full set of accounts in order for Seller to perform due diligence on Buyer; and (b) As consideration for the IP, fixed assets and “know how”, the Buyer shall issue, or cause to be issued, to Seller and/or its designated parties Preferred Series-A Shares of SIML Preferred Stock; par value $0.001.

Appears in 1 contract

Samples: Asset Purchase Agreement (Simlatus Corp)

CONSIDERATION FOR THE SELLER’S ASSETS. In consideration for the sale and transfer of the Seller’s Assets, and subject to the terms and conditions of this Agreement, Buyer shall on the Closing Date: a) : Provide full set of accounts in order for Seller to perform due diligence on Buyer; and b) and As consideration for the IP, fixed assets Fixed Assets and “know howKnow How”, the Buyer shall issue, or cause to be issued, to Seller and/or its designated parties Preferred Series-A Shares of SIML BOON Preferred Stock; par value $0.0010.0001 and the shares of common stock.

Appears in 1 contract

Samples: Merger Asset Purchase Agreement (Boon Industries, Inc.)

AutoNDA by SimpleDocs

CONSIDERATION FOR THE SELLER’S ASSETS. In consideration for the sale and transfer of the Seller’s Assets, and subject to the terms and conditions of this Agreement, Buyer shall on the Closing Date: (a) Provide full set of accounts in order for Seller to perform due diligence on Buyer; and (b) As consideration for the IP, fixed assets and “know how”, the Buyer shall issue, or cause to be issued, to Seller and/or its designated parties Preferred Series-A Shares of SIML VTNL Preferred Stock; par value $0.001.

Appears in 1 contract

Samples: Merger Asset Purchase Agreement (Vet Online Supply Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!