Possession and Risk of Loss. From and after the Closing, Buyer shall be entitled to possession of the Assets and the Liabilities, and all risk of loss with respect thereto shall pass to Buyer as of the Closing.
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Samples: Purchase and Assumption Agreement (Citizens Financial Corp/De/), Purchase and Assumption Agreement (Allegheny Bancshares Inc), Purchase and Assumption Agreement (Citizens Financial Corp/De/)
Possession and Risk of Loss. From Possession of the Assets shall --------------------------- be delivered to the Buyer as of the Closing. As of and after the Closing, Buyer shall be entitled to possession of the Assets and the Liabilities, and all such risk of loss with respect thereto or damage shall pass to Buyer as be the sole and complete responsibility of the ClosingBuyer.
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