Common use of Sale of Equipment Clause in Contracts

Sale of Equipment. On the Closing Date (as hereinafter defined), Seller shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of all liens, encumbrances and adverse claims (other than claims of lessees of the Equipment related to the lease and use thereof) that certain gaming equipment set forth on EXHIBIT 1.1 hereto (collectively, the "EQUIPMENT" and individually, an "EPS").

Appears in 3 contracts

Samples: Equipment Purchase Agreement, Equipment Purchase Agreement (Multimedia Games Inc), Equipment Purchase Agreement (Multimedia Games Inc)

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Sale of Equipment. On the Closing Date (as hereinafter defined), Seller shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of all liens, encumbrances and adverse claims (other than claims of lessees of the Equipment related to the lease and use thereof) that certain gaming equipment set forth on EXHIBIT 1.1 "1.1" hereto (collectively, the "EQUIPMENT" and individually, an "EPS").

Appears in 2 contracts

Samples: Equipment Purchase Agreement (Multimedia Games Inc), Equipment Purchase Agreement (Multimedia Games Inc)

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Sale of Equipment. On the Closing Date (as hereinafter defined), Seller shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from Seller, free and clear of all security interests, liens, charges, claims or other encumbrances and adverse claims (other than claims of lessees of the Equipment related to the lease and use thereof) that certain gaming equipment set forth on EXHIBIT 1.1 hereto (collectivelyany kind whatsoever, the "EQUIPMENT" and individually, an "EPS")Equipment.

Appears in 1 contract

Samples: Equipment Purchase Agreement (Tara Minerals Corp.)

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