Return of Purchased Assets Sample Clauses

Return of Purchased Assets. If, for any reason after the Closing, any of the Purchased Assets or Assumed Liabilities are ultimately determined to be Excluded Assets or Excluded Liabilities, respectively, (a) Purchaser shall transfer and convey (without further consideration) to Seller, and Seller shall accept, such Purchased Assets, (b) Seller shall assume, and agree to pay, perform, fulfill and discharge (without further consideration) such Assumed Liabilities, and (c) Purchaser and Seller shall execute such documents or instruments of conveyance or assumption and take such further acts which are reasonably necessary or desirable to effect the transfer of such Purchased Assets back to Seller and the re-assumption of such Assumed Liabilities by Seller.
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Return of Purchased Assets. If, for any reason after the Closing, any asset is ultimately determined to be an Excluded Asset, (i) Purchaser shall transfer and convey (without further consideration) to the appropriate Selling Party, and such Selling Party shall accept, such asset; (ii) the appropriate Selling Party shall assume, and agree to pay, perform, fulfill and discharge (without further consideration) any liabilities associated with such assets; and (iii) Purchaser and the appropriate Selling Party shall execute such documents or instruments of conveyance or assumption and take such further acts which are reasonably necessary or desirable to effect the transfer of such asset back to the Selling Party.
Return of Purchased Assets. If the Merger is not completed or the Buyer is not a public traded company by December 31, 2024, the Buyer and the Seller will negotiate in good faith the value and monetization of the Purchased Assets to be received by the Sellers on terms and conditions similar to the terms and conditions of the Agreement.” t
Return of Purchased Assets. If, for any reason after the Closing, any of the Purchased Assets or Assumed Liabilities are ultimately determined to be Excluded Assets or Excluded Liabilities, respectively, (a) Pericom shall transfer and convey (without further consideration) to SaRonix, and SaRonix shall accept, such Purchased Assets; (b) SaRonix shall assume, and agree to pay, perform, fulfill and discharge (without further consideration) such Assumed Liabilities; and (c) Pericom and SaRonix shall execute such documents or instruments of conveyance or assumption and take such further acts which are reasonably necessary or desirable to effect the transfer of such Purchased Assets back to SaRonix and the re-assumption of such Assumed Liabilities by SaRonix.
Return of Purchased Assets. If, for any reason after the Closing, any of the Purchased Assets or Assumed Liabilities are ultimately determined to be Excluded Assets or Excluded Liabilities, respectively, (i) Purchaser shall transfer and convey (without further consideration) to Seller, and Seller shall accept, such Purchased Assets; (ii) Seller shall assume, and agree to pay, perform, fulfill and discharge (without further consideration) such Assumed

Related to Return of Purchased Assets

  • Status of Purchasers Such Purchaser is an “accredited investor” as defined in Regulation D promulgated under the Securities Act. Such Purchaser is not required to be registered as a broker-dealer under Section 15 of the Exchange Act and such Purchaser is not a broker-dealer.

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