Common use of Purchase and Sale of Contracts Clause in Contracts

Purchase and Sale of Contracts. At the Closing Date, Seller shall sell, transfer, assign and deliver to Purchaser, and Purchaser shall purchase, accept, and receive from Seller, a Pool of Contracts, subject to the terms of this Agreement. At any time after the Closing Date, Seller may, from time to time, submit additional Contracts or Pools of Contracts to Purchaser for purchase in accordance with, and subject to, the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

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Purchase and Sale of Contracts. At On the Closing Date, Seller shall sell, transfer, assign assign, and deliver to Purchaser, and Purchaser shall purchase, accept, and receive from Seller, a Pool of Contracts, subject to the terms of this Agreement. At any time after the Closing Date, Seller may, from time to time, submit additional Contracts or Pools of Contracts to Purchaser for purchase in accordance with, and subject to, the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

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