Common use of Purchase and Sale; Assignment and Assumption Clause in Contracts

Purchase and Sale; Assignment and Assumption. (a) Buyer and Seller hereby agree that at the Closing, and upon all of the terms and subject to all of the conditions of this Agreement, Seller shall sell, convey, transfer and assign to Buyer, and Buyer shall purchase and accept from Seller, all of the Assets, free and clear of all liens, claims, mortgages or encumbrances.

Appears in 2 contracts

Samples: Purchase Agreement (Covol Technologies Inc), Purchase Agreement (Headwaters Inc)

AutoNDA by SimpleDocs

Purchase and Sale; Assignment and Assumption. (a) Buyer and Seller hereby agree that at At the Closing, and upon all of the terms and subject to all of the conditions of this Agreement, Seller shall sell, convey, transfer and assign deliver to the Buyer, and the Buyer shall purchase and accept from the Seller, good, valid and marketable title and ownership of all of the Purchased Assets, free and clear of all liensLiens, claims, mortgages or encumbrancesexcept for Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (Owens & Minor Inc/Va/)

Purchase and Sale; Assignment and Assumption. (a) Buyer Purchaser and Seller hereby agree that at the Closing, and upon all of the terms and subject to all of the conditions of this Agreement, Seller shall sell, convey, transfer and assign to Buyertransfer, and Buyer deliver to Purchaser, and Purchaser shall purchase and accept acquire from Seller, all of the AssetsAssets and certain of the Excluded Assets identified in section 2.2(b) below, free and clear of all liens, claims, mortgages or encumbrances, except for Permitted Liens and Encumbrances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Interfoods of America Inc)

Purchase and Sale; Assignment and Assumption. (a) Buyer and Seller hereby agree that at At the Closing, and upon all of the terms and subject to all of the conditions of this Agreement, Seller shall sell, convey, transfer and assign deliver to Buyer, and Buyer shall purchase and accept from Seller, all of the Assets, free and clear of all liens, claims, mortgages or encumbrancesencumbrances except for Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pulaski Furniture Corp)

AutoNDA by SimpleDocs

Purchase and Sale; Assignment and Assumption. (a) Buyer and Seller hereby agree that at At the Closing, and upon all of the terms and subject to all of the conditions of this Agreement, Seller Sellers shall sell, conveytransfer, transfer assign, convey and assign to Buyerdeliver, and Buyer Parties shall purchase and accept from Sellerpurchase, all of the Purchased Assets, free and clear of all liensLiens other than Permitted Liens, claims, mortgages or encumbrancesand Buyer Parties shall pay the Purchase Price and assume the Assumed Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Andersons Inc)

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