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

Purchase and Sale of Purchased Assets. Subject to the terms and conditions of this Agreement, as of the Closing Date, Seller shall grant, sell, convey, assign, transfer and deliver to Purchaser, and Purchaser shall purchase from Seller, all of its right, title and interest in and to all of the Purchased Assets, wherever situated, free and clear of all Encumbrances other than as set forth on Schedule 4.8.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Fmi Holdings Ltd.), Asset Purchase Agreement (Forbes Medi-Tech Inc.), Asset Purchase Agreement (Forbes Medi-Tech Inc.)

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Purchase and Sale of Purchased Assets. Subject to the terms and conditions of this Agreement, as of at the Closing Date, Seller Time the Vendor shall grant, sell, conveytransfer, assign, transfer convey and deliver to the Purchaser, and the Purchaser shall purchase from Sellerthe Vendor, all of its right, title and interest the assets listed in and to all of Schedule 2.1 (the Purchased Assets”) on an “as-is, wherever situatedwhere-is” basis, free and clear of all Encumbrances other than as set forth on Schedule 4.8Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Purchase and Sale of Purchased Assets. Subject to the terms and conditions of this Agreement, as of on the Closing Date, Seller Sellers and the Company shall grantsell, selltransfer, convey, assign, transfer assign and deliver to PurchaserBuyer, free and clear from all Encumbrances, and Purchaser Buyer shall purchase purchase, acquire and accept from Sellerthe Sellers and the Company, all of its right, title and interest of the Sellers and the Company and such Affiliates in and to all of the Purchased Assets, wherever situated, free Assets and clear of all Encumbrances other than as set forth on Schedule 4.8the Business (the “Transaction”).

Appears in 1 contract

Samples: Asset Purchase Agreement (Innovus Pharmaceuticals, Inc.)

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