Loss; Damage. In the event there is any loss of damage to the Assets, or any of the improvements, systems, equipment, inventory or other assets included in this sale at any time prior to the Closing of this sale, the risk of loss shall be upon Seller. Immediately from and after the Close of this sale, all risk of loss or damage shall be upon Buyer.
Appears in 4 contracts
Samples: Definitive Agreement (Megola Inc), Definitive Agreement (Megola Inc), Agreement (Megola Inc)
Loss; Damage. 22.1 In the event there is any loss of or damage to the AssetsBusiness premises, or any of the improvements, systems, equipment, inventory equipment or other assets Assets included in this sale at any time prior to the Closing of this saleClosing, the risk of loss shall be upon Seller. Immediately from and after the Close of this sale, all risk of loss or damage shall be upon Buyer.
Appears in 2 contracts
Samples: Asset Purchase Contract and Receipt, Asset Purchase Contract and Receipt
Loss; Damage. In the event there is any loss of or damage to the AssetsBusiness premises, or any of the improvements, systems, equipment, inventory equipment or other assets included in this sale at any time prior to the Closing of this sale, the risk of loss shall be upon Seller. Immediately from and after the Close of this sale, all risk of loss or damage shall be upon Buyer.
Appears in 1 contract
Samples: Health Express Usa Inc
Loss; Damage. In the event there is any loss of or damage to the AssetsBusiness Premises, or any of the improvements, systems, equipment, inventory or other assets Assets included in this sale at any time prior to the Closing of this saleClosing, the risk of loss shall be upon SellerSELLER. Immediately from and after the Close of this sale, all risk of loss or damage shall be upon BUYER. Buyer.’s Initials /s/ RR Seller’s Initials /s/ LD/BD
Appears in 1 contract
Samples: Business Asset Purchase Agreement (Bionik Laboratories Corp.)
