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

Purchase and Sale of the Purchased Assets. Subject to the terms and conditions of this Agreement, on the Closing Date, Seller shall, or shall cause its relevant Affiliates to, sell, transfer, convey, assign and deliver to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire and accept from Seller, and such Affiliates of Seller, all right, title and interest of Seller and such Affiliates in and to the Purchased Assets.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Macrogenics Inc), Asset Purchase Agreement (Provention Bio, Inc.), Asset Purchase Agreement (Provention Bio, Inc.)

AutoNDA by SimpleDocs

Purchase and Sale of the Purchased Assets. Subject to the terms and conditions of this Purchase Agreement, on the Closing Date, (a) Seller shall, or shall cause its relevant Affiliates to, sell, transfer, convey, assign and deliver to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire acquire, accept, assume and accept receive from Seller, and such Affiliates all of Seller, all ’s right, title and interest of Seller and such Affiliates in and to the Purchased Assets, (b) Seller shall make the other conveyances, assignments, and transfers contemplated by Section 2.3, and (c) Buyer shall assume the Assumed Liabilities.

Appears in 3 contracts

Samples: Purchase Agreement (PBF Logistics LP), Purchase Agreement (PBF Logistics LP), Purchase Agreement

Purchase and Sale of the Purchased Assets. Subject to the terms and conditions of this Agreement, on at the Closing DateClosing, Seller shall, or shall cause its relevant Affiliates to, sell, transferassign, convey, assign transfer and deliver to BuyerPurchaser and Purchaser shall purchase from Seller the Purchased Assets, free and clear from of all Encumbrances (Liens, claims, options, charges, encumbrances and restrictions of any kind, other than Permitted Encumbrances), and Buyer shall purchase, acquire and accept from Seller, and such Affiliates of Seller, all right, title and interest of Seller and such Affiliates in and to the Purchased Assetsthose Liens set forth on Schedule 3.5 hereto.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Phase Iii Medical Inc/De), Asset Purchase Agreement (Barr Laboratories Inc)

Purchase and Sale of the Purchased Assets. Subject to Upon the terms and subject to the conditions of this Agreement, on the Closing Date, Seller shall, or shall cause its relevant Affiliates to, sell, transfer, conveyassign, assign convey and deliver to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire and accept purchase from Seller, and such Affiliates all of Seller, all ’s right, title and interest of Seller and such Affiliates in and to all assets of the Business, including the assets listed on Schedule 2.1 (including causes of action, rights of action, contract rights and warranty and product liability claims against third parties) other than Excluded Assets (the “Purchased Assets”).

Appears in 1 contract

Samples: Acquisition Agreement (C Cor Net Corp)

Purchase and Sale of the Purchased Assets. Subject to the terms and conditions of this Purchase Agreement, on the Closing Date, (i) Seller shall, or shall cause its relevant Affiliates to, sell, transfer, convey, assign and deliver to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire acquire, accept, assume and accept receive from Seller, and such Affiliates all of Seller, all ’s right, title and interest of Seller and such Affiliates in and to the Purchased AssetsAssets and the Joint Basin Shares, (ii) Seller shall make the other conveyances, assignments, and transfers contemplated by Section 2.3, and (iii) Buyer shall assume the Assumed Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Buckeye Partners, L.P.)

AutoNDA by SimpleDocs

Purchase and Sale of the Purchased Assets. Subject to the terms and conditions of this Purchase Agreement, on the Closing Date, (i) Seller shall, or shall cause its relevant Affiliates to, sell, transfer, convey, assign and deliver to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire acquire, accept, assume and accept receive from Seller, and such Affiliates all of Seller, all ’s right, title and interest of Seller and such Affiliates in and to the Purchased Assets.Assets (other than the Cushing to Drumright Inventory)

Appears in 1 contract

Samples: Asset Purchase Agreement (Magellan Midstream Partners Lp)

Purchase and Sale of the Purchased Assets. Subject to On the terms and subject to the conditions of this Agreement, on at the Closing and effective from and after the Closing Date, the Seller shall, or shall cause its relevant Affiliates to, sell, transfer, convey, transfer and assign (or cause its Subsidiaries to sell, convey, transfer and deliver assign) to Buyerthe Purchaser, free and clear from of all Encumbrances (other than Permitted Encumbrances)Liens, except Permissible Liens, and Buyer the Purchaser shall purchase, acquire and accept from Seller, the Gross Receivables and such Affiliates of Seller, all right, title and interest of Seller and such Affiliates in and to Pier 1 Bank Stock (the Purchased Assets”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pier 1 Imports Inc/De)

Purchase and Sale of the Purchased Assets. Subject to Upon the terms and subject to the conditions of this Agreement, on at the Closing DateClosing, Seller shallshall sell, or shall cause its relevant Affiliates to, sellassign, transfer, conveyconvey and deliver, assign and deliver shall cause each other relevant member of the Seller Group to sell, assign, transfer, convey and deliver, to Buyer, free and clear from all Encumbrances (other than Permitted Encumbrances), and Buyer shall purchase, acquire and accept from Sellerthe Seller Group the Purchased Assets. As of the Closing, and such Affiliates risk of Seller, all right, title and interest of Seller and such Affiliates in and loss as to the Purchased AssetsAssets shall pass from the Seller Group to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Uni-Pixel)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!