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

Purchase and Sale of the Assets. On the terms and subject to the conditions of this Agreement, at the Closing, each Seller will sell, transfer, assign and deliver to Buyer, and Buyer will purchase, assume and accept from each Seller, all of such Seller’s right, title and interest in and to the Assets, free and clear of all Liens other than Permitted Liens, in exchange for Buyer’s assumption of the Assumed Liabilities and the consideration specified in Section 2.4. The “

Appears in 1 contract

Samples: Asset Purchase Agreement (HireQuest, Inc.)

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Purchase and Sale of the Assets. On the terms and subject to the conditions of set forth in this Agreement, at the Closing, each Seller will shall sell, transferconvey, assign assign, transfer and deliver to BuyerPurchaser, and Buyer will Purchaser shall purchase, assume acquire and accept from each Seller, all of such Seller’s right, title and interest in and to Seller the Assets, Assets (free and clear of all Liens other than Permitted Liens, in exchange for Buyer’s assumption of the Assumed Liabilities and the consideration specified in Section 2.4. The “).

Appears in 1 contract

Samples: Asset Purchase Agreement (Chancellor Media Corp of Los Angeles)

Purchase and Sale of the Assets. On At the Closing, upon the terms and subject to the satisfaction of the conditions of precedent set forth in this Agreement, at the Closing, each Seller will shall sell, transferassign, assign transfer and deliver convey to Buyer, Buyer and Buyer will purchase, assume shall purchase and accept acquire from each the Seller, all of such Seller’s right, title and interest of Seller in and to the Assets, Assets free and clear of all any Liens or Encumbrances (other than Permitted Liens, in exchange for Buyer’s assumption of the Assumed Liabilities and the consideration specified in Section 2.4. The “Encumbrances).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Penn Octane Corp)

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Purchase and Sale of the Assets. On At the Closing, upon the terms and subject to the satisfaction of the conditions of precedent set forth in this Agreement, at the Closing, each Seller will shall sell, transferassign, assign transfer and deliver convey to Buyer, Buyer and Buyer will purchase, assume shall purchase and accept acquire from each the Seller, all of such Seller’s right, title and interest of Seller in and to the Assets, Assets free and clear of all any Liens or Encumbrances (other than Permitted Liens, in exchange for Buyer’s assumption Encumbrances). Buyer shall have the right to designate one or more of its Affiliates (including TransMontaigne Partners L.P.) to be the transferee of the Assumed Liabilities and the consideration specified in Section 2.4. The “Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Penn Octane Corp)

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