Common use of Passage of Title and Risk of Loss Clause in Contracts

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Assets will not pass to Purchaser until such Assets are Transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. (Eastern Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title title, and risk of loss with respect to the Purchased Assets will not pass to Purchaser until such Purchased Assets are Transferred transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting accounting, and other computational purposes as of 11:59 P.M. (Eastern New York City Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title title, obligations and risk of loss with respect to the Purchased Assets and Assumed Liabilities will not pass to Purchaser until such Purchased Assets and Assumed Liabilities are Transferred transferred at the Closingclosing, which transfer, once it has occurred, occurred will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. (Eastern Time) 11:59:59 pm EST on the Closing DateJune 20, 2000.

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Assets Shares will not pass to Purchaser until such Assets Shares are Transferred transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. (Eastern Central Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title title, and risk of loss with respect to the Purchased Assets will not pass to Purchaser until such Purchased Assets are Transferred transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting accounting, and other computational purposes as of 11:59 P.M. (Eastern Pacific Time) on the last day of the month closest to the Closing Date (which may be before or after the Closing Date).

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Purchased Assets will not pass to Purchaser until such Purchased Assets are Transferred transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. (Eastern Central Standard Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Assets will not pass to Purchaser until such Assets are Transferred at the Closing, which transferTransfer, once it has occurred, will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. 12:01 A.M. (Eastern Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Transferred Assets will shall not pass to Purchaser Nations until such Assets assets are Transferred transferred at the Closing, which transfer, once it has occurred, will shall be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. midnight (Eastern Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Purchased Assets will not pass to Purchaser until such Purchased Assets are Transferred transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. (Eastern TimeNew York City time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Assets will not pass to Purchaser until such Assets are Transferred or leased at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. the close of business (Eastern Mountain Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Assets Shares will not pass to Purchaser until such Assets Shares are Transferred transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. (Eastern Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title and risk of loss with respect to the Assets will not pass to Purchaser until such Assets are Transferred transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting and other computational purposes as of 11:59 P.M. (Eastern Central Time) on the Closing Date.

Passage of Title and Risk of Loss. Legal title, equitable title title, and risk of loss with respect to the Purchased Assets will not pass to Purchaser until such Purchased Assets are Transferred transferred at the Closing, which transfer, once it has occurred, will be deemed effective for tax, accounting accounting, and other computational purposes as of 11:59 P.M. (Eastern Nashville, TN Time) on the Closing Date.