Purchased Property. 5.8.1 Property to be used for the purposes of carrying out the duties and responsibilities provided for in this Contract may be purchased with funds from this Contract only if authorized by the Department through the terms of this Contract.
5.8.2 Property purchased with federal funding must be purchased, managed, and disposed of in accordance with the pertinent provisions at 45 CFR Part 75.
5.8.3 At such time as Contractor no longer contracts to deliver Services to the Department or as directed by the Department during the term of the Contract, Contractor agrees to deliver, as may be required by law or as may be directed by the Department, title to and possession of any Property purchased with contractual money to the Department or to any entity designated by the Department.
Purchased Property. Conveyance of Purchased Property; Intent of the Parties SECTION 2.2 Representations and Warranties of the Seller regarding the Receivables.......................................................... SECTION 2.3
Purchased Property. On each Closing Date, subject to the terms and conditions of this Agreement, the Transferor agrees to sell to the Trust, and the Trust agrees to purchase from the Transferor, a Receivables Pool and the following other property relating thereto (collectively, the “Purchased Property”):
(i) all right, title and interest of the Transferor in, to and under each Receivable included in the applicable Receivables Pool listed on a Schedule of Receivables (the form of which is attached as Schedule 5 to the Pool Supplement) delivered to the Trust on such Closing Date and all monies received thereon after the related Cutoff Date, exclusive of any amounts allocable to the premium for physical damage collateral protection insurance required by the Transferor or the Servicer, as applicable, covering any related Financed Vehicle;
(ii) the interest of the Transferor in the security interests in the related Financed Vehicles granted by Obligors pursuant to the Receivables in the applicable Receivables Pool and, to the extent permitted by law, any accessions thereto;
(iii) the interest of the Transferor in any proceeds from claims on any physical damage, credit life, credit disability, warranties, debt cancellation agreements or other insurance policies covering the related Financed Vehicles or Obligors, including any rebates or credits of any premium or other payment with respect to any of the foregoing;
(iv) all of the Transferor’s right, title and interest in, to and under the related Receivable Files;
(v) all of the Transferor’s right, title and interest in and to the Master Sale Agreement (Warehouse) and remedies thereunder and the assignment to the Trust of all UCC financing statements filed against Carvana under or in connection with the Master Sale Agreement (Warehouse); and
(vi) all present and future claims, demands, causes and choses in action in respect of any or all of the foregoing described in clauses (i) through (v) above and all payments on or under and all proceeds of every kind and nature whatsoever in respect of any or all the foregoing, including all proceeds of the conversion of any or all of the foregoing, voluntary or involuntary, into cash or other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, insurance proceeds, investment property, payment intangibles, general intangibles, condemnation awards, rights to payment of any and every kind and other forms of obligat...
Purchased Property. The term "Purchased Property" means all the following business, properties, assets and rights of Seller on the Closing Date, other than the Excluded Property:
Purchased Property. The Purchased Property shall include all of the assets of Seller solely used in, arising from or related to the Business as of the Closing Date other than Excluded Property (as defined herein), including the following:
Purchased Property. The term "Purchased Property" shall mean any Property Additions devoted to public service at or within a year before the time of their acquisition by Exeter or the Company (as the case may be);
Purchased Property. The Sellers have good and marketable title to, or a valid leasehold interest under enforceable leases in, all of the Purchased Property, in each case, free and clear of any Liens, other than Permitted Liens.
Purchased Property. On the terms and subject to the conditions set forth in this Agreement, at the Closing, the Sellers shall sell, transfer, convey, assign and deliver to Purchaser, free and clear of all Liens (other than Permitted Liens), and Purchaser or its designated Affiliate will purchase and pay for (a) an undivided seventy-five percent (75%) interest in the Project and (b) a 100% interest in the Non-Shared Assets, excluding the Excluded Assets (sub-clauses (a) and (b) collectively, the "Purchased Assets").
Purchased Property. The Purchased Property shall include the following:
(a) all inventory and supplies present at the Real Property and owned by Seller on the Closing Date (including food, beverages, office and kitchen supplies);
(b) all of Seller’s right, title and interest in and to the Assumed Contracts and Leases, to the extent assignable;
(c) all of Seller’s right, title and interest in the Residency Agreements, together with all pre-paid amounts paid by a resident pursuant to any Residency Agreement for or attributable to the periods from and after the Closing Date as well as any security deposits paid to Seller as of the Closing Date under the Residency Agreements (to the extent such deposits can be transferred in accordance with applicable law) together with any interest thereon to the extent such interest is or may be payable to the residents (or their respective representatives, successors, heirs or assigns) at any time following the Closing Date each as more particularly described on Schedule 2.2(c) (collectively “Prepaids and Deposits”);
(d) all tangible personal property present at the Real Property and owned by Seller (including without limitation equipment, furniture, fixtures, signage and vehicles used in, arising from or related to the Business as of the Closing Date);
(e) the Real Property as more particularly described on Schedule 1.1(c) attached hereto and the Improvements located thereon;
(f) subject to applicable laws and regulations, all transferable Licenses;
(g) all original books, records, accounts, files, logs, ledgers, journals, and other documents and other materials of Seller (or copies thereof) including any electronic data stored on disc, tape or other electronic format relating to the ownership, use, operation or management of the Business, to the extent within the possession or control of Seller (although Seller may retain copies thereof for the preparation of tax returns, compliance with applicable laws, and other business purposes);
(h) all marketing and promotional materials in Seller’s possession or control, which relate exclusively to the Business, if any, or the services they provide, to the extent of Seller’s rights in such materials, including without limitation brochures, renderings, photographs and signage (although Seller may retain copies thereof for compliance with applicable laws);
(i) all warranties and guarantees regarding the installation, application, manufacture, composition and/or inspection of the Purchased Property, and ...
Purchased Property. On the terms and subject to the conditions set forth in this Agreement, at the Closing, the Sellers shall sell, transfer, convey, assign and deliver to Purchaser, free and clear of all Liens (other than Permitted Liens), and Purchaser or its designated Affiliate will purchase and pay for, the Facility and all Real Property, Materials and Equipment, Facility Books and Records, Assumed Agreements, Transferred Permits, Facility Intellectual Property, and all third-party warranties and related assignments and other assets owned or leased by Duke Moapa as of the Effective Date, whether or not located on the Real Property, including the Materials and Equipment listed in Schedule II (collectively, the "Purchased Assets").
