Effect of Purchase. Upon payment to Seller of the Consideration, all rights of Seller relating in any way to the CAA will be owned by Pure Cycle. Pure Cycle and the Seller agree that this Agreement constitutes an assignment to Pure Cycle of all of Seller’s rights, title and interest in and to the CAA as of the date hereof, and as of the date hereof, the Seller shall cease to possess any rights with respect to the CAA.
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Samples: Purchase and Sale Agreement (Pure Cycle Corp), Purchase and Sale Agreement (Pure Cycle Corp), Purchase and Sale Agreement (Pure Cycle Corp)
Effect of Purchase. Upon payment to Seller of the Consideration, all rights of Seller relating in any way to the CAA will be owned by Pure Cycle. Pure Cycle and the Seller agree that this Agreement constitutes an assignment to Pure Cycle of all of Seller’s rights, title and interest in and to the CAA as of the date hereofClosing Date, and as of the date hereofclosing date, the Seller shall cease to possess any rights with respect to the CAA.
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