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

Purchase and Sale of the Quotas. Upon the terms and subject to the conditions of this Agreement, at the Closing, Sellers will sell, transfer, convey, assign, deliver and set over to Purchaser, as applicable, and Purchaser will purchase and accept, all of the right, title, benefit and interest of Sellers, as applicable, in, to and under the Quotas, free and clear of all Liens. The Purchaser acknowledges that by purchasing the Quotas, the Purchaser does not intend and shall not acquire any of the Seed Business Assets which are owned by Sellers’ Affiliate.

Purchase and Sale of the Quotas. Upon On the terms and subject to the conditions of set forth in this Agreement, at the Closing, Sellers will Seller shall sell, assign, transfer, convey, assign, convey and deliver and set over to Purchaser, as applicableBuyer, and Purchaser will purchase Buyer shall purchase, acquire and acceptaccept from Seller, all of the right, title, benefit and interest of Sellers, as applicable, in, to and under the Quotas, free and clear of all Liens. The Purchaser acknowledges that by purchasing the QuotasEncumbrances, the Purchaser does not intend and shall not acquire any in consideration for payment of the Seed Business Assets which are owned by Sellers’ AffiliatePurchase Price.