Common use of Removal of Assets Clause in Contracts

Removal of Assets. The Seller shall assemble by the time of Closing on the Closing Date and thereafter maintain at the Seller's premises and place of business located at the address set forth in Section 16.2 hereof (the "Premises") all of the Assets (except for certain Records, the Accounts Receivable, Cash and certificates of title to the Motor Vehicles, all of which shall be delivered by the Seller to the Purchaser at the Closing) being purchased by the Purchaser under this Agreement in order to facilitate the time, place and delivery of the Assets to the Purchaser concurrently with and following the Closing as hereafter provided. The Purchaser shall, concurrently with the Closing and continuing for such period of time as shall be reasonably necessary after the Closing, remove from the Premises such of the Assets being purchased by the Purchaser hereunder as shall not have been delivered by the Seller to the Purchaser at the Closing. The Seller and the Stockholders shall cooperate fully with the Purchaser in such removal, and the employees and agents of the Purchaser for the purpose of such removal shall be granted and permitted access to the Premises at any and all reasonable times. No rental, storage or other charges shall be imposed upon the Purchaser or on any of the Assets while the Assets are being removed from the Premises after the Closing on the Closing Date.