Sale and Purchase of Equipment. Subject to the terms and conditions hereof and on the basis of the representations and warranties set forth herein, the Lessee agrees to sell to the Trust, and the Trust agrees to purchase from the Lessee, on the Closing Date and immediately following consummation of the transactions described in the third and fourth recital clauses above, the Equipment described in Schedule 1-A, and, in connection therewith, the Trust agrees to pay to the Lessee the cost for each Unit as specified in Schedule 1-A. On the Closing Date, the Lessee shall deliver each Unit described on Schedule 1-A to the Trust, and the Trust shall accept such delivery.
Sale and Purchase of Equipment. Subject to the terms and conditions hereof and on the basis of the representations and warranties set forth herein, the Lessee agrees to sell to the Owner Trustee, and the Owner Trustee agrees to purchase from the Lessee, on the Closing Date and immediately following consummation of the transactions described in the third and fourth recital clauses above, the Equipment described in Schedule 1, and, in connection therewith, the Owner Trustee agrees to pay to the Lessee the cost for each Unit as specified in Schedule 1. On the Closing Date, the Lessee shall deliver each Unit described on Schedule 1 to the Owner Trustee, and the Owner Trustee shall accept such delivery.
Sale and Purchase of Equipment. Subject to the terms and conditions hereof and on the basis of the representations and warranties set forth Participation Agreement (TRLI 2001-1C) herein, the Lessee agrees to sell to the Owner Trustee, and the Owner Trustee agrees to purchase from the Lessee, on the Closing Date and immediately following consummation of the transactions described in the third and fourth recital clauses above, the Equipment described in Schedule 1, and, in connection therewith, the Owner Trustee agrees to pay to the Lessee the cost for each Unit as specified in Schedule 1. On the Closing Date, the Lessee shall deliver each Unit described on Schedule 1 to the Owner Trustee, and the Owner Trustee shall accept such delivery.
Sale and Purchase of Equipment. (a) Subject to the terms and conditions set forth herein, Seller hereby irrevocably agrees to sell to Buyer from time to time during the term of this Agreement and to cause Ascend Credit to purchase from Seller and lease to Buyer up to $95,000,000 worth of Equipment, as may be selected by Buyer from the list of available Equipment set forth in Exhibit A and detailed in a purchase order. Such Equipment shall be --------- leased and sold on the terms and conditions of that certain Master Lease Agreement No. 9314 between Buyer and Ascend Credit dated for reference October 9, 1998, a copy of which is attached hereto as Exhibit B (the "Lease Agreement"). ---------
Sale and Purchase of Equipment. At any time during the term of this Agreement, Buyer shall have the option to purchase any part or all of the Facilities. The purchase price shall be determined based upon an appraisal performed by an independent appraiser mutually agreed upon by both parties. The terms and conditions of any such sale shall be determined at the time of sale and upon terms and conditions mutually agreeable to both parties.
Sale and Purchase of Equipment a. The quantity and description of the cryptocurrency mining equipment subject to this Agreement (“Equipment”) shall be as set out in Schedule A attached hereto.
Sale and Purchase of Equipment. SECTION 1.1
Sale and Purchase of Equipment. The parties agree to buy and sell the assets (“Assets”) described on Schedule “A” attached hereto and made a part hereof, on the terms and conditions set forth herein
Sale and Purchase of Equipment. Seller agrees to sell and Buyer agrees to purchase from Seller, the Equipment listed on Schedule 1-- A, annexed hereto. Title to the Equipment shall
Sale and Purchase of Equipment. Subject to the terms, provisions, and conditions of this Agreement, Seller hereby sells, conveys, transfers, and delivers to Buyer and Buyer purchases from Seller, as of the Closing, all of Seller’s right, title and interest in and to the Equipment, free and clear of any and all title defects, mortgages, assignments, pledges, hypothecations, security interests, title or retention agreements, levies, executions, seizures, attachments, garnishments, deemed trusts, liens, easements, options, rights or claims of others, or charges or encumbrances of every kind or nature whatsoever. In addition, Seller shall use its best efforts to take any and all action to assign to Buyer a ny available manufacturer’s warranties with respect to the Equipment and its component parts, and to assist Buyer with processing any warranty claims against the manufacturer.
