Sale of Asset. (a) On the Closing Date and pursuant to the terms and subject to the conditions set forth in this Agreement, the Seller shall sell to the Buyer, and the Buyer shall purchase from the Seller, the Asset.
Sale of Asset. Subject to the terms and conditions of this Agreement, and in reliance upon the representations, warranties, covenants and agreements contained herein, at the closing of the transactions contemplated hereby (the “Closing”), the Seller will sell, convey, assign and transfer the Assets to the Buyer, and the Buyer will purchase and acquire the Assets from the Seller, free and clear of any claims or Encumbrances (as defined in Section 2.6) . The Assets shall include all of the Seller’s right, title and interest in and to the following as at the Closing Date (as defined in Section 1.3 below):
Sale of Asset. Subject to the terms and conditions of this Agreement, at the closing under this Agreement (the "Closing"), Seller shall sell, convey, assign, transfer and deliver to Purchaser, and Purchaser shall purchase, acquire and accept from Seller all right, title, and interest in and to Seller’s assets, patents and properties used in, useful to and/or relating to the Software (as defined below), which shall include (but not be limited to) the following (the "Asset"):
Sale of Asset. Sale or otherwise dispose of any material asset of any of the Group Companies that accounts for more than 5% of the then total asset value of the Group Companies, other than the securities to be offered in the IPO.
Sale of Asset. Seller does hereby sell, transfer, assign and convey, free and clear of all liabilities, liens and other encumbrances, the Asset to Buyer and Buyer agrees to acquire all of Seller’s right, title and interest in and to the Asset. The Asset shall be conveyed by a Xxxx of Sale in the form attached hereto as “Exhibit A.”
Sale of Asset. Subject to the terms and conditions hereof, the Crowfly Team shall cause to be sold to Project IV, at the Closing (as defined below), and Project IV shall purchase and accept at the Closing, ownership of the Asset, free and clear of all liens and encumbrances of any kind.
Sale of Asset. Subject to the terms and conditions hereunder, Seller agrees to assign, sell, transfer, grant and convey and does hereby assign, sell, transfer, grant and convey unto Buyer seventy percent (70%) of his right, title and interest throughout the world in and to the Air Motor, Marks, Patent Rights and Copyrights. Seller agrees to promptly execute and deliver all papers and perform such other acts which are reasonably deemed necessary or appropriate by Buyer to transfer to Buyer or perfect to Buyer the right title and interest hereby conveyed, including separate assignments in the form of Exhibit "A" attached hereto, all of the same being in from and substance reasonably satisfactory to the counsel for Seller and Buyer. As the owner of seventy percent (70%) of the Air Motor, Marks, Patent Rights and Copyrights, Buyer has the right to grant licenses and sub-licenses thereunder but to protect Seller's security interest, Buyer shall provide Seller promptly with a copy of each such licenses or sub-licenses shall be on terms consistent with and subject to the Buyer's obligations hereunder.
Sale of Asset. Upon the terms and subject to the conditions set forth in this Agreement, and in accordance with applicable law, at the Closing on the Closing Date (as those terms are defined in Section 2.1 hereof), IGII agrees to sell, assign, transfer, convey and deliver to GFL, and GFL agrees to purchase and acquire all of IGII’s right, title and interest in and to the asset known as the CAC contract in Nigeria and all associated Asset as listed on Attachment A and incorporated herein (the “Asset”).
Sale of Asset. Subject to the terms, conditions and provisions hereof, the Vendor agrees to sell, convey, assign and transfer to the Purchaser, all right, title, benefit and interest in and to the Purchased Assets.
Sale of Asset. Subject to all conditions and terms set forth herein, Seller shall sell and Purchaser shall purchase the corporate shell of ECOC free and clear of all liens, claims, and interests (the "Asset"). The sale is subject to Bankruptcy Court approval. Seller shall send notice of the proposed sale to all creditors on the bankruptcy mailing matrix and to other parties who have expressed an interest in possibly purchasing the Asset. The sale is also subject to any other offers which Trustee, in her discretion, determines to be a better offer. Trustee shall be entitled to schedule and conduct an auction (the "Auction") in connection with the sale of the Asset.
