Effect of Purchase. Upon issuance to the CAA Holder of the PC Shares, all rights of the CAA Holder relating in any way to the CAA will be owned by Pure Cycle. Pure Cycle and CAA Holder agree that this Agreement constitutes an assignment to Pure Cycle of all of the CAA Holder’s rights, title and interest in and to the CAA as of the date hereof, and that as of the date hereof the CAA Holder shall cease to possess any rights with respect to the CAA.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Pure Cycle Corp), Purchase and Sale Agreement (Pure Cycle Corp), Purchase and Sale Agreement (Pure Cycle Corp)
