Common use of Sale and Purchase of Specified Assets Clause in Contracts

Sale and Purchase of Specified Assets. On the Closing Date (as defined in Section 6.1), effective to the fullest extent possible at 5:00 p.m. EST on the Effective Date (as defined in Section 6.1), and subject to the other terms and conditions of this Agreement, the Sellers shall sell, transfer, assign and convey to Buyers, and Buyers shall purchase, all right, title and interest in and to all of the Specified Assets (as defined in Section 2.1.1), and Sellers shall assign to Buyers, and Buyers shall assume, the Specified Liabilities of Sellers (as defined in Section 2.1.2).

Appears in 1 contract

Samples: Asset Acquisition Agreement (Nco Group Inc)

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Sale and Purchase of Specified Assets. On the Closing Date (as defined in Section 6.1)Date, ------------------------------------- effective to the fullest extent possible at 5:00 p.m. EST on the Effective Date (as defined in Section 6.110.1), and subject to the other terms and conditions of this Agreement, the Sellers Seller shall sell, transfer, assign and convey to BuyersBuyer, and Buyers Buyer shall purchase, all of Seller's right, title and interest in and to all of the Specified Assets (as defined in Section 2.1.1), and Sellers Seller shall assign to BuyersBuyer, and Buyers Buyer shall assume, the Specified Liabilities of Sellers Seller (as defined in Section 2.1.2).

Appears in 1 contract

Samples: Asset Acquisition Agreement (Telespectrum Worldwide Inc)

Sale and Purchase of Specified Assets. On the Closing Date (as defined in Section 6.110.1), effective to the fullest extent possible at 5:00 p.m. 12:01 a.m. EST on the Effective Date (as defined in Section 6.1), and subject to the other terms and conditions of this Agreement, the Sellers Seller shall sell, transfer, assign and convey to BuyersBuyer, and Buyers Buyer shall purchase, all right, title and interest in and to all of the Specified Assets (as defined in Section 2.1.1)) free and clear of any Encumbrances, and Sellers Seller shall assign to BuyersBuyer, and Buyers Buyer shall assume, the Specified Liabilities of Sellers Seller (as defined in Section 2.1.2).

Appears in 1 contract

Samples: Asset Purchase Agreement (Intricon Corp)

Sale and Purchase of Specified Assets. On the Closing Date (as defined in Section 6.1)Date, effective to the fullest extent possible at 5:00 p.m. EST on the Effective Date (as defined in Section 6.110.1), and subject to the other terms and conditions of this Agreement, the Sellers Seller shall sell, transfer, assign and convey to BuyersBuyer, and Buyers Buyer shall purchase, all of Seller's right, title and interest in and to all of the Specified Assets (as defined in Section 2.1.1), and Sellers Seller shall assign to BuyersBuyer, and Buyers Buyer shall assume, the Specified Liabilities of Sellers Seller (as defined in Section 2.1.2).

Appears in 1 contract

Samples: Asset Acquisition Agreement (Nco Group Inc)

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Sale and Purchase of Specified Assets. On the Closing Date (as defined in Section 6.18.1), effective to the fullest extent possible at 5:00 p.m. EST EDT on the Effective Date (as defined in Section 6.18.1), and subject to the other terms and conditions of this Agreement, the Sellers shall sellSeller hereby sells, transfertransfers, assign assigns and convey conveys to BuyersBuyer, and Buyers shall purchaseBuyer hereby purchases, all right, title and interest in and to all of the Specified Assets (as defined in Section 2.1.1), and Sellers shall assign Seller hereby assigns to BuyersBuyer, and Buyers shall assumeBuyer hereby assumes, the Specified Liabilities of Sellers Seller (as defined in Section 2.1.2).

Appears in 1 contract

Samples: Asset Acquisition Agreement (Safeguard Scientifics Inc Et Al)

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