Common use of Sale at Closing Date Clause in Contracts

Sale at Closing Date. The sale, transfer, assignment and delivery by Seller of the Purchased Assets to Purchaser, and the assumption by Purchaser of the Assumed Liabilities as herein provided, shall be effected on the Closing Date by the execution and delivery by Seller and Purchaser of (i) a Lease Assignment and Assumption Agreement, substantially in the form of EXHIBIT D, for the Assigned Leases, pursuant to which Lease Assignment and Assumption Agreement Purchaser shall confirm its assumption of all liabilities and obligations under the Assigned Leases which accrue from and after the Effective Date; (ii) an Assignment and Assumption Agreement for the Other Contracts, substantially in the form of EXHIBIT A; and (iii) a Bill of Sale and Assumption Agreement substantially in the form of EXXXXXT B.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aps Holding Corporation)

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Sale at Closing Date. The sale, transfer, assignment and delivery by Seller of the Purchased Assets to Purchaser, and the assumption by Purchaser of the Assumed Liabilities Liabilities, as herein provided, provided shall be effected on the Closing Date by (a) the execution and delivery by Seller and Purchaser of (i) a Lease an Assignment and Assumption Agreement, Agreement for the Lease and each of the Other Contracts substantially in the form of EXHIBIT D, for the Assigned LeasesA, pursuant to which Lease Assignment and Assumption Agreement Agreements Purchaser shall confirm its assumption of be subject to all liabilities and obligations under the Assigned Leases Contracts which accrue from and after the Effective Closing Date; (ii) an Assignment and Assumption Agreement for the Other Contracts, substantially in the form of EXHIBIT A; and (iiib) a with respect to the other Purchased Assets and Assumed Liabilities, by the execution and delivery by the Seller and Purchaser of the Bill of xx Sale and Assumption Agreement substantially in the form of EXXXXXT EXHIBIT B.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rankin Automotive Group Inc)

Sale at Closing Date. The sale, transfer, assignment and delivery by Seller of the Purchased Assets to Purchaser, and the assumption by Purchaser of the Assumed Liabilities Liabilities, as herein provided, provided shall be effected on the Closing Date by (a) the execution and delivery by Seller and Purchaser of (i) a Lease an Assignment and Assumption Agreement, Agreement for the Lease and each of the Other Contracts substantially in the form of EXHIBIT D, for the Assigned LeasesA, pursuant to which Lease Assignment and Assumption Agreement Agreements Purchaser shall confirm its assumption of be subject to all liabilities and obligations under the Assigned Leases Contracts which accrue from and after the Effective Closing Date; (ii) an Assignment and Assumption Agreement for the Other Contracts, substantially in the form of EXHIBIT A; and (iiib) a with respect to the other Purchased Assets and Assumed Liabilities, by the execution and delivery by the Sellers and Purchaser of the Bill of xx Sale and Assumption Agreement substantially in the form of EXXXXXT EXHIBIT B.

Appears in 1 contract

Samples: Asset Purchase Agreement (Parts Source Inc)

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Sale at Closing Date. The sale, transfer, assignment and delivery by Seller of the Purchased Assets to Purchaser, and the assumption by Purchaser of the Assumed Liabilities Liabilities, as herein provided, provided shall be effected on the Closing Date by (a) the execution and delivery by Seller and Purchaser of (i) a Lease an Assignment and Assumption Agreement, Agreement for the Lease and each of the Assigned Contracts substantially in the form of EXHIBIT D, for the Assigned LeasesA, pursuant to which Lease Assignment and Assumption Agreement Agreements Purchaser shall confirm its assumption of be subject to all liabilities and obligations under the Assigned Leases Contracts which accrue from and after the Effective Closing Date; (ii) an Assignment and Assumption Agreement for the Other Contracts, substantially in the form of EXHIBIT A; and (iiib) a with respect to the other Purchased Assets and Assumed Liabilities, by the execution and delivery by the Seller and Purchaser of the Bill of xx Sale and Assumption Agreement substantially in the form of EXXXXXT EXHIBIT B.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rankin Automotive Group Inc)

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