Purchase and Sale; Effective Date. FOR VALUABLE CONSIDERATION, the receipt and sufficiency of which are hereby acknowledged, Seller agrees to sell the Property to Buyer and Buyer agrees to purchase the Property from Seller, upon the terms and conditions set forth in this Agreement. For the purpose of this Agreement, the date on which the last party executing this Agreement delivers it to the other party shall hereinafter be referred to as the "Effective Date."
Purchase and Sale; Effective Date. Section 1.1. Subject to the terms and conditions of this Agreement, Seller agrees to sell, and Buyer agrees to purchase, at the price and upon the terms and conditions of this Agreement, the following items (collectively, the “Property”):
Purchase and Sale; Effective Date. Execution of this Agreement by both parties creates a binding agreement, whereby Seller agrees to sell the Property to Buyer and Buyer agrees to purchase the Property from Seller, on the terms and conditions stated herein. This Agreement shall be effective on the Effective Date set forth above, which shall be the date of execution by the last party to sign.
Purchase and Sale; Effective Date. Seller agrees to sell and Buyer agrees to purchase the Assets, (as such term is defined below and in the form of Assignment, Bxxx of Sale and Conveyance attached hereto as Exhibit B (the “Assignment”)), pursuant to the terms of this Agreement. The Assets include, without limitation, all of Seller’s right, title and interest in and to certain Wxxxx (as defined below), Leases (as defined below) and Units (as defined below) located on and covering the lands (“Lands”) as described on Exhibit A. The purchase and sale of the Assets shall be effective as of August 1, 2017, at 12:01 a.m. local time at the site of the Assets (the “Effective Date”).
Purchase and Sale; Effective Date. Subject to the terms and conditions set forth herein, at the Closing, Sellers shall sell to Buyer, and Buyer shall purchase from Sellers, the Shares (and not less than 100% of the Shares). The Closing shall be deemed effective as of the Effective Date.
Purchase and Sale; Effective Date. Subject to the terms and conditions herein contained, Sellers agree to sell, assign, transfer and deliver to Purchaser at the Closing (as hereinafter defined), and Purchaser agrees to purchase from the Sellers, effective as of the Effective Date, the Assets (as more fully described on SCHEDULE 2.1A), but excluding the Excluded Assets (as more fully described on SCHEDULE 2.1B), free and clear of any liens or encumbrances of any nature whatsoever (except for liens, encumbrances or obligations, if any, expressly assumed by Purchaser hereunder), in consideration for the Purchase Price (as hereinafter defined) payable as set forth in SECTION 3. If the Closing Date and the Effective Date are different, the parties intend that the effective time of the transfer of the benefits and liabilities of the Assets and the Business shall be as of 11:59 p.m. on the Effective Date, regardless of the actual Closing Date.
Purchase and Sale; Effective Date
