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Common use of Sale Assets Clause in Contracts

Sale Assets. On the Closing Date, Seller will sell, transfer, assign ------------ and convey to Buyer, and Buyer will purchase from Seller, free and clear of all Liens, except Permitted Liens, all of Seller's right, title and interest, legal and equitable, in and to the tangible and intangible assets (except Excluded Assets) used or useful in the operation of the Station as specifically set forth in the following: (a) TANGIBLE PERSONAL PROPERTY. All equipment, parts, supplies, ---------------------------- furniture, fixtures and other tangible personal property now or hereinafter owned by Seller and used in the operation of the Station including, but not limited to the tangible personal property listed on Schedule 3.6, together with ------------ such modifications, replacements, improvements and additional items, and subject to such deletions therefrom, made or acquired between the date hereof and the Closing Date in accordance with the terms and provisions of this Agreement;

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Communications Corp /De/)

Sale Assets. On the Closing Date, Seller will sell, transfer, assign ------------ and convey to Buyer, and Buyer will purchase from Seller, free and clear of all Liens, except Permitted LiensLiens and other Liens expressly accepted by Buyer, all of Seller's right, title and interest, legal and equitable, in and to the all tangible and intangible assets (except Excluded Assets) used or useful in the operation of the Station as specifically set forth in it is now operated, including the following: (a) TANGIBLE PERSONAL PROPERTY. All equipment, parts, supplies, ---------------------------- -------------------------- furniture, fixtures and other tangible personal property now or hereinafter hereafter owned by Seller and used in the operation of the Station includingas it is now operated, including but not limited to the tangible personal property items listed on Schedule 3.6, together with ------------ such modifications, replacements, improvements and additional items, and subject to such deletions therefrom, made or acquired between the date hereof and the Closing Date in accordance with the terms and provisions of this Agreement;.

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Communications Corp /De/)

Sale Assets. On the Closing Date, Seller Sellers will sell, transfer, ------------ assign ------------ and convey to Buyer, and Buyer will purchase from SellerSellers, free and clear of all Liens, Liens (except Permitted Liens), all of Seller's Sellers' right, title and interest, legal and equitable, in and to the all tangible and intangible assets (except Excluded Assets) used or useful in the operation of the Station Stations as specifically set forth in they have been and are now operated, including the following: : (a) TANGIBLE PERSONAL PROPERTY. All equipment, parts, supplies, ---------------------------- -------------------------- furniture, fixtures fixtures, music library and other tangible personal property now or hereinafter hereafter owned by Seller Sellers and used and/or useful in the operation of the Station includingStations as they have been and are now operated, including but not limited to the tangible personal property items listed on Schedule 3.6, together with ------------ such modifications, ------------ replacements, improvements and additional items, and subject to such deletions therefrom, made or acquired between the date hereof and the Closing Date in accordance with the terms and provisions of this Agreement;.

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Communications Corp /De/)

Sale Assets. On the Closing Date, Seller will sell, transfer, assign ------------ and convey to Buyer, and Buyer will purchase from Seller, free and clear of all Liens, except Permitted LiensLiens and other Liens expressly accepted by Buyer, all of Seller's right, title and interest, legal and equitable, in and to the all tangible and intangible assets (except Excluded Assets) used or and/or useful in the operation of the Station Stations as specifically set forth in they have been and are now operated, including the following: (a) TANGIBLE PERSONAL PROPERTY. All equipment, parts, supplies, ---------------------------- furniture, fixtures and other tangible personal property now or hereinafter owned by Seller and used and/or useful in the operation of the Station includingStations as they have been and are now operated, including but not limited to the tangible personal property items listed on Schedule 3.6, together with ------------ such modifications, replacements, improvements and additional items, and subject to such deletions therefrom, made or acquired between the date hereof and the Closing Date in accordance with the terms and provisions of this Agreement;.

Appears in 1 contract

Samples: Asset Purchase Agreement (Childrens Broadcasting Corp)