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: Exclusive License/Manufacturing Agreement (Megola Inc), Exclusive License/Manufacturing Agreement (Megola Inc), Exclusive License/Manufacturing 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. .
22.2 Immediately from and after the Close of this sale, all risk of loss or damage shall be upon Buyer.
Appears in 2 contracts
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.)
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 the Assets included in this sale at any time prior to the Closing of this saleClosing, the risk of loss shall be upon Seller. .
22.2 Immediately from and after the Close of this sale, all risk of loss or damage shall be upon Buyer.
Appears in 1 contract
Samples: Asset Purchase Agreement
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
