Possession of Purchased Assets. Possession of the Purchased Assets will be given to Purchaser effective as of 11:59 p.m. on the Closing Date. Purchaser will not acquire any title to the Purchased Assets until possession has been given to it in accordance with this Section 13.7. For purposes of this Section 13.7, possession will be deemed to have been given to Purchaser when Seller delivers or causes to be delivered to Purchaser good and sufficient instruments of transfer and conveyance as provided in this Agreement.
Possession of Purchased Assets. Simultaneous with the Closing Date, the Seller and the Stockholders shall give the Buyer full possession and enjoyment of the Purchased Assets and the Business of the Seller.
Possession of Purchased Assets. The Company shall have fully transferred to the Purchaser physical possession of all of the Purchased Assets except for any laptop or desktop personal computers and related peripheral equipment that are in the personal possession of employees of Seller that will be hired by Purchaser.
Possession of Purchased Assets. The Purchased Assets are assets of the Transferor as of the Effective Date and are in Transferor's possession as of the Effective Date, and that Transferor has all requisite title or license to convey the Purchased Assets to Acquiror as contemplated by the Agreement.
Possession of Purchased Assets. At the Closing Time, the Purchaser shall take possession of the Purchased Assets wherever situated. In no event shall the Purchased Assets be sold, assigned, conveyed or transferred to the Purchaser until all the conditions set out in the Approval and Vesting Order have been satisfied or waived and the Purchaser has satisfied or the Receiver has waived all the delivery requirements outlined in section 7.1 hereof.
Possession of Purchased Assets. Legal and actual possession of the Purchased Assets, together with any keys, combinations, alarm systems and related codes and other rights of access required to take legal and actual possession of the Purchased Assets.
Possession of Purchased Assets. Legal and actual possession of the Purchased Assets;
Possession of Purchased Assets. Buyer shall have the right to take possession of the Purchased Assets and receive a duly executed bill of sale and an assignment therefor.
Possession of Purchased Assets. Possession of the Transferred Properties will be given on the Closing Date.
Possession of Purchased Assets. 5 5.8 Facilities Warranty Deed..................................5 5.9