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

Passage of Title and Risk of Loss. Legal and equitable title to, and risk of loss with respect to, the Acquired Assets shall pass to Purchaser upon the Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Novoste Corp /Fl/), Asset Purchase Agreement (Novoste Corp /Fl/)

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Passage of Title and Risk of Loss. Legal and equitable title to, and risk of loss with respect to, the Acquired Purchased Assets shall not pass to Purchaser upon until the ClosingClosing occurs.

Appears in 2 contracts

Samples: Asset Purchase Agreement by And (Sunrise Senior Living Inc), Facilities Purchase and Sale Agreement (Sunrise Senior Living Inc)

Passage of Title and Risk of Loss. Legal and equitable title to, and risk of loss with respect to, the Acquired Assets shall not pass to Purchaser upon until the ClosingClosing occurs.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kv Pharmaceutical Co /De/)

Passage of Title and Risk of Loss. Legal and title, equitable title to, and risk of loss with respect to, to the Acquired Assets shall pass to Purchaser upon Buyer at the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Central Freight Lines Inc/Tx)

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Passage of Title and Risk of Loss. Legal and equitable title to, and risk of loss with respect to, the Acquired Assets shall pass to Purchaser upon the Closing. As of the Closing, Seller shall have no further obligation to insure the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Implant Sciences Corp)

Passage of Title and Risk of Loss. Legal and equitable Beneficial title to, and risk of loss with respect toto the Purchased Assets and Assumed Liabilities, the Acquired Assets shall pass to Purchaser upon Buyer at the Closing, regardless of when legal or equitable title thereto, or possession thereof, shall be transferred to Buyer.

Appears in 1 contract

Samples: Assignment and Assumption of Lease Agreement (Tangoe Inc)

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