Common use of Purchase and Sale of Acquired Assets Clause in Contracts

Purchase and Sale of Acquired Assets. On the Closing Date but effective as of the Effective Date, each Seller shall sell, transfer, deliver, convey and assign to Purchaser, and Purchaser shall purchase, acquire, and accept from such Seller, upon the terms and conditions stated herein, all of such Seller’s right, title and interest in and to the following:

Purchase and Sale of Acquired Assets. On the Closing Date Date, but effective as of the Effective DateTime and subject to the terms and conditions set forth in this Agreement, each Seller shall sell, transferassign, deliver, transfer and convey and assign to PurchaserBuyer, and Purchaser Buyer shall purchase, acquire, purchase and accept acquire from such Seller, upon the terms and conditions stated herein, all of such Seller’s right, title and interest in the assets described in this Section 2.1 (collectively, the “Acquired Assets”), free and to the followingclear of any and all Liens other than Permitted Liens: