Common use of Purchase and Sale of Properties Clause in Contracts

Purchase and Sale of Properties. On the Closing Date, upon the terms and conditions set forth in this Agreement: (a) Seller shall sell, assign and convey to Buyer, and Buyer shall purchase and accept from Seller, all of Seller’s right, title and interest in the Properties; provided, however, that the Properties shall not include the Excluded Properties and Seller expressly excepts, reserves and retains, unto itself, its Affiliates, successors and assigns, HOUSTON 1139976v.13 the Excluded Properties; and (b) Buyer shall assume the obligations and liabilities as provided in Section 12.3.

Purchase and Sale of Properties. On the Closing Date, upon the terms and conditions set forth in this Agreement: (a) Seller shall sell, assign and convey to Buyer, and Buyer Xxxxx shall purchase and accept from Seller, all of Seller’s right, title and interest in the Properties; provided, however, that the Properties shall not include the Excluded Properties and Seller expressly excepts, reserves and retains, unto itself, its Affiliates, successors and assigns, HOUSTON 1139976v.13 the Excluded Properties; and (b) Buyer shall assume the obligations and liabilities as provided in Section 12.3.

Purchase and Sale of Properties. On the Closing Date, but effective as of the Effective Time, and upon the terms and conditions set forth in this Agreement: (a) Seller shall sell, assign and convey to BuyerPurchaser, and Buyer Purchaser shall purchase and accept from Seller, all of Seller’s right, title and interest in the Properties; provided, however, that the Properties shall not include the Excluded Properties and Seller expressly excepts, reserves and retains, unto itself, its Affiliates, successors and assigns, HOUSTON 1139976v.13 the Excluded Properties; and (b) Buyer Purchaser shall assume the obligations and liabilities as provided in Section 12.3.