Common use of Sale and Transfer of Assets Clause in Contracts

Sale and Transfer of Assets. The Sellers agree to sell, convey and deliver the Assets to Buyer at the Closing (as defined in Section 7 below), free and clear of all liens, security interests, pledges, and encumbrances.

Appears in 3 contracts

Samples: Option Agreement (Princeton Review Inc), Option Agreement (Princeton Review Inc), Asset Purchase Agreement (Princeton Review Inc)

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Sale and Transfer of Assets. The Sellers agree Seller agrees to sell, convey and deliver the Assets to Buyer at the Closing (as defined in Section 7 below), free and clear of all liens, security interests, pledges, and encumbrancesencumbrances other than liens created by operation of law for taxes which are not yet due and payable.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Princeton Review Inc), Option Agreement (Princeton Review Inc)

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Sale and Transfer of Assets. The Sellers agree Seller agrees to sell, convey and deliver the Assets to Buyer at the Closing (as defined in Section 7 below)Closing, free and clear of all liens, security interests, pledges, and encumbrances.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Princeton Review Inc), Option Agreement (Princeton Review Inc)

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