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 8.4). The Personal Property is defined as all tangible and intangible assets of Seller utilized in or related to the operation of the Crossroads Convenience Center business, other than real property and any property excluded by this Agreement. All tangible Personal Property, including all assets listed on Seller’s Balance Sheet (Exhibit “A”), shall be set forth in schedules as set forth below and shall be transferred by certificate of title or by xxxx of sale, as appropriate.
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. The right to purchase Personal Property and other services and requirements used by AIRLINE from any Person or company of AIRLINE's choice that are necessary or incidental to the AIRLINE providing Air Transportation at the Airport. Nothing herein shall restrict CITY from requiring a permit and levying a reasonable nondiscriminatory concession fee on any Person for conducting a non-Air Transportation business at the Airport.
Purchase of Personal Property. Subject to Executory Contracts. 84 Section 6.30 Transfer of Riverfront Holdings, Inc. Equity Interests or Purchased
Purchase of Personal Property. Subject to Executory Contracts. With respect to any Personal Property subject to an Executory Contract that is nominally an unexpired lease of Personal Property, if (a) such Contract is recharacterized by a Final Order of the Bankruptcy Court as a secured financing or (b) Purchaser, Sellers and the counterparty to such Contract agree, then Purchaser shall have the option to purchase such personal property by paying to the applicable Seller for the benefit of the counterparty to such Contract an amount equal to the amount, as applicable (i) of such counterparty’s allowed secured Claim arising in connection with the recharacterization of such Contract as determined by such Order or (ii) agreed to by Purchaser, Sellers and such counterparty. Section 6.30 Transfer of Riverfront Holdings, Inc. Equity Interests or
Purchase of Personal Property. City will pay Coral Grand a total sum of $295,000.00 (Two Hundred Ninety-Five Thousand and 00/100 Dollars) (“Purchase Price”) for the purchase of the Personal Property and Coral Grand’s retail beverage license (License No. BEV2330100), and permanent food service license (License No. SEA2322475) (“Coral Grand Licenses”). In exchange for the Purchase Price, Tenant agrees to convey all rights, interest and title of its Personal Property to City by a Xxxx of Sale, and also agrees to transfer and assign all of their rights, title and interest in the Coral Grand Licenses to City immediately upon the execution of this Agreement and effective as of May 2, 2022 at 10:00 a.m.. The City is to take possession of the Country Club with all of Tenant’s Personal Property therein on Monday, May 2, 2022 at 10:00
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. 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, all of the 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. Assets include all tangible and intangible assets of Sellers utilized in or related to the operation of the Locations, other than real property and any property excluded by this Agreement. Assets shall be set forth in schedules as set forth below and shall be transferred by certificate of title or by bxxx of sale, as appropriate.
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. Subject to the terms of this Agreement, Debtor may direct Secured Party to purchase PERSONAL PROPERTY on January 1, 1997 for an amount no greater than Two Million Dollars ($2,000,000.00);
