Common use of Method of Conveyance Clause in Contracts

Method of Conveyance. (A) The sale, transfer, conveyance, assignment and delivery by the Sellers of the Assets to the Buyer in accordance with Section 1(a) hereof shall be effected on the Closing Date by the Sellers’ execution and delivery to the Buyer of one or more Bills of Sale, Assignments and other conveyance instruments with respect to the Sellers’ transfer of Intangible Rights, real property interests and other Assets in form and scope reasonably satisfactory to Buyer (collectively the “Conveyance Documents”). At the Closing, good, valid and marketable title to all of the Assets shall be transferred, conveyed, assigned and delivered by the Company to the Buyer pursuant to the Conveyance Documents, free and clear of any and all Liens, excepting Assumed Obligations (as defined below).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Colony Bankcorp Inc), Asset Purchase Agreement (Colonial Commercial Corp)

AutoNDA by SimpleDocs

Method of Conveyance. (A) The sale, transfer, conveyance, assignment and delivery by the Sellers Seller of the Assets to the Buyer in accordance with Section 1(a1.01(a) hereof shall be effected on the Closing Date by the Sellers’ Seller’s execution and delivery to the Buyer of one or more Bills bills of Salesale, Assignments assignments and other conveyance instruments with respect to the Sellers’ Seller’s transfer of Intangible Rights, real property interests Rights and other Assets in form and scope reasonably satisfactory to Buyer (collectively the “Conveyance Documents”). At the Closing, Seller shall transfer, convey, assign and deliver good, valid and and, to the extent applicable, marketable title to all of the Assets shall be transferred, conveyed, assigned and delivered by the Company to the Buyer pursuant to the Conveyance Documents, free and clear of any and all Liens, excepting Assumed Obligations (as defined below).

Appears in 1 contract

Samples: Asset Purchase Agreement

AutoNDA by SimpleDocs

Method of Conveyance. (A) The sale, transfer, conveyance, assignment and delivery by the Sellers of their right, interest and title to the Assets to the Buyer in accordance with Section 1(a) hereof Purchaser shall be effected on as of the Closing Effective Date by the Sellers' execution and delivery of such warranty bills of sale, endorsements, assignments, drafts and other instruments of conveyance and transfer (collectively, the "Instruments of Conveyance") as are reasonably necessary to effectively vest in the Purchaser all of the right, title and interest of the Sellers in and to the Buyer of one or more Bills of Sale, Assignments and other conveyance instruments with respect to the Sellers’ transfer of Intangible Rights, real property interests and other Assets in form and scope reasonably satisfactory to Buyer (collectively the “Conveyance Documents”)Assets. At the Closing, good, good and valid and marketable title to all of the Assets shall be transferred, conveyed, assigned and delivered by the Company Sellers to the Buyer Purchaser pursuant to the Conveyance DocumentsInstruments of Conveyance, free and clear of any and all Liensliens, excepting Assumed Obligations (as defined below)encumbrances, claims, and other restrictions of any kind or nature whatsoever.

Appears in 1 contract

Samples: Asset Purchase Agreement (Phymatrix Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.