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

Purchase and Sale of the Acquired Assets. On and subject to the terms and conditions of this Agreement, Buyer shall purchase and acquire from Seller and Seller shall sell, transfer, convey, and deliver to Buyer, the Acquired Assets at the Closing upon the purchase terms specified below in this Section 1.

Appears in 1 contract

Samples: Asset Purchase Agreement (Transtechnology Corp)

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Purchase and Sale of the Acquired Assets. On and (a) At the Closing, subject to the terms and conditions of contained in this Agreement, Buyer shall purchase and acquire from Seller and Seller the Sellers, as applicable, shall sell, transferassign, set-over, convey, deliver and deliver transfer to Buyerthe Purchaser, or its designee, free and clear of any and all Liens and whatsoever, excepting only Permitted Encumbrances, and the Purchaser shall purchase from the Sellers all of their right, title and interests in and to the Acquired Assets at for the Closing upon the purchase terms specified below in this Section 1Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Colonial Downs, LLC)

Purchase and Sale of the Acquired Assets. On Upon the terms and subject to the terms and conditions of this Agreement, Buyer shall purchase and acquire from Seller and Seller shall agrees to sell, assign, transfer, conveyconvey and deliver, or cause to be sold, assigned, transferred, conveyed and delivered to Purchaser, and deliver Purchaser agrees to Buyerpurchase, on the Closing Date (as defined in Section 2.1), all the Acquired Assets. Except as expressly provided in Section 1.3(a), Purchaser shall acquire the Acquired Assets at the Closing upon the purchase terms specified below in this Section 1free and clear of all Obligations and Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ault Inc)

Purchase and Sale of the Acquired Assets. (a) On the terms and subject to the terms and conditions of set forth in this Agreement, Buyer shall purchase and acquire from Seller and at the Closing, Seller shall sell, transfer, convey, assign, transfer and deliver deliver, or cause to Buyerbe sold, conveyed, assigned, transferred and delivered, to Purchaser, and Purchaser shall purchase, acquire and accept, the Acquired Assets at Assets, free and clear of all Liens other than, in the Closing upon case of the purchase terms specified below in this Section 1MSC Assets, Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (Fox Sports Networks LLC)

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Purchase and Sale of the Acquired Assets. On and (a) At the Closing, subject to the terms and conditions of contained in this Agreement, Buyer shall purchase and acquire from Seller and Seller the Sellers, as applicable, shall sell, transferassign, set-over, convey, deliver and deliver transfer to Buyerthe Purchaser, or its designee, free and clear of any and all Liens and Indebtedness whatsoever, excepting only Permitted Encumbrances, and the Purchaser shall purchase from the Sellers, as applicable, all of their rights, title and interests in and to the Acquired Assets at for the Closing upon the purchase terms specified below in this Section 1Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Jacobs Entertainment Inc)

Purchase and Sale of the Acquired Assets. On and subject to the terms and conditions of this Agreement, the Buyer shall purchase and acquire from the Seller and the Seller shall sell, transfer, convey, and deliver to the Buyer, the Acquired Assets free and clear of all Liens other than Excepted Liens at the Closing upon for the purchase terms consideration specified below in this Section 1.

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Transtechnology Corp)

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