Common use of Purchase and Sale of Bloom Systems Clause in Contracts

Purchase and Sale of Bloom Systems. Except for Safe Harbor Equipment incorporated into an Ordered System (which Buyer holds title to as of the date hereof), upon the Delivery Date for an Ordered System Seller shall be deemed to have sold, assigned, conveyed, transferred and delivered to Buyer, and Buyer shall be deemed to have purchased, assumed and acquired from Seller, all of Seller’s right, title and interest in and to such Ordered System, the sale of such Ordered System shall occur and Seller shall provide Buyer with (a) a Xxxx of Sale evidencing the same and (b) lien waivers from each subcontractor performing BOF Work at the applicable Site, stating that such subcontractor has been paid all amounts owed to it as of the date of the lien waiver.

Appears in 6 contracts

Samples: Master Energy Server Purchase Agreement, Master Energy Server Purchase Agreement (Bloom Energy Corp), Master Energy Server Purchase Agreement (Bloom Energy Corp)

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