Purchase of Personal Property. Effective upon the Assignment Date and following the receipt of Landlord's consent hereto, Assignee agrees to purchasx xxx Xxsignor agrees to sell the Assignor's Personal Property. Assignee agrees to pay Assignor the sum of Nine Thousand Seven Hundred Seventy-One and 14/100 Dollars ($9,771.14) ("Personal Property Purchase Price") for the Assignor's Personal Property, which shall be payable upon the delivery of a Bill of Sale executed by Assignor, in the form of Exhibit B attached hereto and incorporated herein ("Bill of Sale"), conveying title to Assignee; provided, however, that if the network cabling is not category 5, then the Personal Property Purchase Price shall be reduced to Two Thousand Two Hundred Ninety-Six and 63/100 Dollars. No commission shall be paid to any Broker or third party on account of the Personal Property Purchase Price.
Purchase of Personal Property. Sublessee agrees that upon execution of this Sublease, it shall purchase those items of furniture listed on the attached Exhibit C from Sublessor for the sum of $50,000, and such sum shall be paid upon signing of this Sublease in addition to rent for the month of August. Sublessor will give a bill of sale warranting its ownxxxxip of such items, which Sublessee will accept AS IS with no warranties as to condition.
Purchase of Personal Property. The Landlord shall cause Xxxxxx X. Test ("Mr. Test") to convey to the Tenant for the purchase price of Three Hundred and Twenty-Five Thousand Dollars all personal property currently used in connection with the operation of the Facility which is not owned by the Landlord, nor subject to the lien of the HUD Mortgage (as hereinafter defined).
Purchase of Personal Property. Seller shall do all acts reasonably required to be done by Seller, and shall cooperate with Buyer, to facilitate and expedite the purchase and sale of the Personal Property according to and in full compliance with the requirements of Division 6 of the California Commercial Code and any other applicable law.
Purchase of Personal Property. On the Closing Date and subject to satisfaction of the Conditions Precedent, Assignee shall pay to Assignor, cash, or equivalent, in the amount of four hundred and ten thousand dollars and no cents ($410,000.00), in full payment for all of the Personal Property (the "Personal Property Consideration"). Simultaneous with delivery by Assignee of the Personal Property Consideration, Assignor shall deliver to Assignee a fully executed Xxxx of Sale for the Personal Property in substantially the form attached hereto as Exhibit "C" (the "Xxxx of Sale"). Assignee shall be responsible for, and shall indemnify and hold harmless Assignor against, all California sales taxes (if any) due as the result of the sale of the Personal Property. Assignor agrees to assist Assignee in claiming any applicable exemption for occasional sales under California Revenue and Taxation Code Section 6006.5(a).
Purchase of Personal Property. 19 15.2.1 Division's Obligations.......................................19 15.2.2 Dealer's Responsibilities....................................19 15.2.3 Payment......................................................20 15.2.4
Purchase of Personal Property. At the Closing (defined below), and subject to the terms and conditions of this Agreement, Seller agrees to sell, transfer and deliver to Buyer, and Buyer agrees to purchase from Seller, all of the tangible and intangible personal property assets of the convenience center business (“Personal Property”) of Seller, other than real estate and appurtenant fixtures, free and clear of all liens, interests, rights, claims, encumbrances and restrictions of any kind (collectively, “Encumbrances”), except for any Encumbrances known to Buyer or Buyer’s principal, Xxxxxxx Xxxxxxx, that are not disclosed to Seller (See Section 8.
Purchase of Personal Property. Pursuant to Section 28(c) of the Purchase Agreement, Buyer hereby elects to purchase Seller’s personal property located on the Property “AS IS” for an amount equal to $25,000.00.
Purchase of Personal Property. At the Closing (defined below), and subject to the terms and conditions of this Agreement, Sellers agree to sell, transfer and deliver to Purchaser, and Purchaser agrees to purchase from Sellers, the Assets. Assets shall not include any tangible personal property of Sellers.
Purchase of Personal Property. At the Closing (defined below), and subject to the terms and conditions of this Agreement, Sellers agree to sell, transfer and deliver to Purchaser, and Purchaser agrees to purchase from Sellers, the Acquired Assets at the Locations of Sellers, other than real estate and appurtenant fixtures, free and clear of all liens, interests, rights, claims, encumbrances and restrictions of any kind. The Acquired Assets include certain tangible and intangible assets of Sellers as set forth in the Schedules and shall be transferred by certificate of title or by bxxx of sale, as appropriate.
