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

Purchase and Sale of the Assets. At the Closing, upon the terms and subject to the satisfaction of the conditions precedent set forth in this Agreement, Seller shall sell, assign, transfer and convey to Buyer and Buyer shall purchase and acquire from the Seller, all right, title and interest of Seller in and to the Assets free and clear of any Liens or Encumbrances (other than Permitted Encumbrances).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Penn Octane Corp)

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Purchase and Sale of the Assets. At the Closing, upon the terms On and subject to the satisfaction terms and conditions of the conditions precedent set forth in this Agreement, at the Closing, Seller shall sell, assign, transfer transfer, convey, and convey deliver to Buyer Purchaser, free and Buyer clear of all Liens other than Permitted Encumbrances, and Purchaser shall purchase purchase, acquire and acquire accept from the Seller, all of the right, title title, and interest of Seller in and to the Assets free assets, properties, and clear rights of any Liens Seller relating to or Encumbrances utilized in the Business (other than Permitted Encumbrances).the Excluded Assets) as of the Closing Date listed below (the “Acquired Assets”):

Appears in 1 contract

Samples: Asset Purchase Agreement (Crescent Banking Co)

Purchase and Sale of the Assets. At the Closing, upon (a) Upon the terms and subject to the satisfaction conditions of the conditions precedent set forth in this Agreement, including Section 2.1(b), at the Closing, the Seller shall sell, assign, transfer transfer, convey and convey deliver to Buyer the Purchaser, and Buyer the Purchaser shall purchase and acquire from the Seller, all of the Seller's right, title and interest of Seller in and to all of the Assets free and clear of any Liens assets used in or Encumbrances relating to the Business (other than Permitted Encumbrancesthe Intellectual Property) (the "Assets")., including:

Appears in 1 contract

Samples: Asset Purchase Agreement (Home Products International Inc)

Purchase and Sale of the Assets. At the Closing, upon Upon the terms and subject to the satisfaction conditions of this Agreement, at the conditions precedent set forth Closing, as such term is defined in this Agreement, Seller shall sell, assign, transfer transfer, convey and convey deliver to Buyer Buyer, and Buyer shall purchase purchase, acquire and acquire accept from the Seller, all rightthe entire rights, title and interest of Seller in in, and to the Assets free and clear of any Liens or Encumbrances (other than Permitted Encumbrances).Assets, including but not limited to the following:

Appears in 1 contract

Samples: Asset Purchase Agreement (Eagleford Energy Inc.)

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Purchase and Sale of the Assets. At the Closing, upon Upon the terms and subject to the satisfaction conditions of the conditions precedent set forth in this Agreement, at the Closing the Seller shall, or shall cause its applicable Affiliate to, sell, assign, transfer and convey to Buyer the Purchaser (or its designee), and Buyer the Purchaser (or its designee) shall purchase and acquire from the SellerSeller (or its applicable Affiliate), all of the Seller's (or its applicable Affiliates') right, title and interest of Seller in and to the Assets free and clear of any Liens or Encumbrances assets expressly set forth in this Section 2.01 (other than Permitted Encumbrances).all such assets being referred to as the "Assets"):

Appears in 1 contract

Samples: Asset Purchase Agreement (Take Two Interactive Software Inc)

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