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

Purchase and Sale of the Purchased Assets. At the Closing, the Sellers shall sell, convey, transfer, assign and deliver, or cause to be sold, conveyed, transferred, assigned and delivered, to Purchaser all of the assets set forth on Schedule I (the “Purchased Assets”). The purchase and sale of the Subject Shares and the Purchased Assets and the assumption and transfer of the Assumed Liabilities is referred to in this Agreement as the “Acquisition”. For the avoidance of doubt, the Subject Shares do not constitute Purchased Assets. Accordingly, Section 1.04 and 1.05 are not applicable to the Subject Shares.