Sale of Assets Closing Sample Clauses

Sale of Assets Closing. Section 2.1 Assets to Be Acquired ......................................... 16 Section 2.2 Excluded Assets ............................................... 18 Section 2.3
AutoNDA by SimpleDocs
Sale of Assets Closing. 5 2.1. Sale of Assets.......................................................................... 5 2.2. Consideration........................................................................... 5 2.3. Net Current Assets Adjustment to Purchase Price......................................... 5 2.4. Accounts Receivable Adjustment to Purchase Price........................................ 7 2.5. Buyer's Assumption of Liabilities....................................................... 7 2.6. Closing................................................................................. 8 2.7. Deliveries by Seller Parties at Closing................................................. 8 2.8. Deliveries by Buyer at Closing.......................................................... 9
Sale of Assets Closing. Section 2.1 Assets and Stock to Be Acquired 15 Section 2.2 Excluded Assets 17 Section 2.3 Assumption of Liabilities 19 Section 2.4 Retained Liabilities 21 Section 2.5 Consideration 23 Section 2.6 Time and Place of Closing 24 Section 2.7 Purchase Price Adjustment 25 Section 2.8 Proration of Revenue 26
Sale of Assets Closing. 2 1.01 Sellers' Assets..............................................................................2 1.02 No Assumption of Sellers' Liabilities........................................................6 1.03 Transferred Subsidiaries' Assets and Liabilities.............................................7 1.04
Sale of Assets Closing. 9 Section 2.1. Sale of Assets 9 Section 2.2. Consideration 9 Section 2.3. Net Asset Adjustment to Purchase Price 10 Section 2.4. Accounts Receivable Assumption to Purchase Price 12 Section 2.5. Buying PartiesAssumption of Liabilities 13 Section 2.6. Closing 13 Section 2.7. Deliveries by Seller at Closing 13 Section 2.8. Deliveries by Buyer at Closing 14 Section 2.9. Allocation of Purchase Price 15
Sale of Assets Closing a. Upon the terms set forth in this Agreement, Sellers agree to sell, assign and secure to/for Buyer, all right, title and interest that Sellers have in AquaV Assets, together with the technology, materials, inventory, intellectual property, equipment, proprietary information, and/or any and all other instrumentalities as described below:
Sale of Assets Closing. Section 2.1
AutoNDA by SimpleDocs
Sale of Assets Closing 

Related to Sale of Assets Closing

  • Sale of Assets, Etc (a) Except as permitted under Section 10.6, the Company will not make any Asset Disposition unless:

  • Merger, Sale of Assets, etc Subject to Section 4.2, if at any time while this Note remains outstanding and unexpired there shall be (a) a reorganization (other than a combination, reclassification, exchange or subdivision of shares otherwise provided for herein), (b) a merger or consolidation of the Company with or into another corporation in which the Company is not the surviving entity, or a merger in which the Company is the surviving entity but the shares of the Company's capital stock outstanding immediately prior to the merger are converted by virtue of the merger into other property, whether in the form of securities, cash or otherwise or (c) a sale or transfer of the Company's stock, properties or assets as, or substantially as, an entirety to any other Person, then, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that Holder shall thereafter be entitled to receive by converting this Note the number of shares of stock or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon conversion of this Note would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Note had been converted immediately before such reorganization, merger, consolidation, sale or transfer (notwithstanding that the Stockholder Approval may not yet have been obtained), all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4.1 shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers and to the stock or securities of any other corporation. If the per share consideration payable to Holder hereof for shares in connection with any such transaction is in a form other than cash or marketable securities, then the value of such consideration shall be determined in good faith by the Company's Board of Directors based on the amount the Holder would have otherwise been entitled to receive had the transaction or transactions not occurred. In all events, appropriate adjustment (as determined in good faith by the Company's Board of Directors) shall be made in the application of the provisions of this Note with respect to the rights and interests of Holder after the transaction, to the end that the provisions of this Note shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon conversion of this Note. The Company shall be obligated to retain and set aside, or otherwise make fair provision for exercise of the right of the Holder to receive, the shares of stock and/or other securities, cash or other property provided for in this Section 4.1.

  • Sale of Assets The Company or the Bank sells to a third party all or substantially all of its assets.

  • Sale and Transfer of Assets Closing 2.1 Assets to be Sold Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, convey, assign, transfer and deliver to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of any Encumbrances other than Permitted Encumbrances, all of Seller’s right, title and interest in and to all of Seller’s property and assets, real, personal or mixed, tangible and intangible, of every kind and description, wherever located, including but not limited to the following (but excluding the Excluded Assets):

  • Merger/Sale of Assets A merger or consolidation of the Company whether or not approved by the Board of Directors of the Company, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, or the stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets.

  • Purchase and Sale of Assets (a) Upon and subject to the terms and conditions of this Agreement, the Buyer shall purchase from the Seller, and the Seller shall sell, transfer, convey, assign and deliver to the Buyer, at the Closing, for the consideration specified below in this Article I, all right, title and interest in, to and under the Acquired Assets.

  • Consolidation, Merger, Sale of Assets, etc The Borrower will not, and will not permit any of its Restricted Subsidiaries to, wind up, liquidate or dissolve its affairs or merge or consolidate, or convey, sell, lease or otherwise dispose of all or any part of its Property, including any disposition as part of any sale-leaseback transactions except that this Section shall not prevent:

  • Purchase of Assets, Investments No Borrower will, or will permit any Subsidiary to, directly or indirectly (a) acquire or enter into any agreement to acquire any assets other than in the Ordinary Course of Business or as permitted under clause (h) of the definition of Permitted Investments; (b) engage or enter into any agreement to engage in any joint venture or partnership with any other Person; or (c) acquire or own or enter into any agreement to acquire or own any Investment in any Person other than Permitted Investments.

Time is Money Join Law Insider Premium to draft better contracts faster.