SALE OF THE EQUIPMENT. Seller hereby sells and transfers to Purchaser all of its right, title and interest in and to the Equipment, together with all warranties, express or implied, received from the manufacturer or vendor thereof. Seller hereby represents and warrants to Purchaser that subject to Section 3 hereof, Seller is conveying good title to the Equipment, free and clear of all liens and encumbrances other than Permitted Liens.
SALE OF THE EQUIPMENT. In consideration of the sum of $10.00 ("Purchase Price"), payable in immediately available funds, Seller hereby sells and transfers to Purchaser all of its right, title and interest in and to the Equipment, together with all warranties, express or implied, received from the manufacturer or vendor thereof. Seller hereby represents and warrants to Purchaser that Seller is conveying good title to the Equipment, free and clear of all liens and encumbrances other than the leasehold estate of Lessee under the Lease or any liens created by the Lessee. The Purchase Price is due on the Closing Date. All taxes, in any way arising out of this transaction, including without limitation transfer taxes arising out of the assignment of the Lease, shall be solely for the account of the Purchaser.
SALE OF THE EQUIPMENT. At the Closing (as defined in Section 1.04 hereof), subject to the terms and conditions set forth herein, the Seller shall sell to the Purchaser, and the Purchaser shall purchase from the Seller, the Equipment, an itemized list of the Equipment is attached as Exhibit A to this Agreement.
SALE OF THE EQUIPMENT. Upon any termination of the leasing of the Equipment (or, as the case may be, the right of the Lessee to take the Equipment on Lease) under this Agreement through effluxion of time or otherwise (but in the case of a Total Loss, only to the extent that the Standby Purchaser is free to dispose of the same) the Equipment shall be sold and, to the extent applicable, any Equipment Rights shall be transferred in accordance with the remaining provisions of this clause 15.2.1 and in accordance with the Deed of Proceeds and Priorities.
SALE OF THE EQUIPMENT. In consideration of the sum of $10,494,698.31 ("Purchase Price"), payable in immediately available funds in the amount of $494,724.28, to be further described as $107,854.62 related to Schedule No. 83, $96,229.84 related to Schedule No. 84, $145,319.91 related to Schedule No. 85 and $145,319.91 related to Schedule No. 86, attributable to the equity purchase price of the Equipment, and by the assumption by Purchaser of Seller's non-recourse liability to Lender pursuant to the Transferee Agreement in the principal amount $2,180,089.93 related to Schedule No. 83, $1,945,115.44 related to Schedule No. 84, $2,937,384.33 related to Schedule No. 85 and $2,937,384.33 related to Schedule No. 86, Seller ereby sells and transfers to Purchaser all of its right, title and interest in and to the Equipment, together with all warranties, express or implied, received from the manufacturer or vendor thereof. Seller hereby represents and warrants to Purchasers that Seller is conveying good title to the Equipment, free and clear of all liens and encumbrances other than (i) the leasehold estate of Lessee under the Lease, and (ii) the security interest of the Lender in and to the Schedules and the Equipment leased thereunder.
SALE OF THE EQUIPMENT. In consideration of the sum of $5,088,956.00 ("Purchase Price"), payable in immediately available funds, Seller hereby sells and transfers to Purchaser all of its right, title and interest in and to the Equipment, together with all warranties, express or implied, received from the manufacturer or vendor thereof. Seller hereby represents and warrants to Purchaser that Seller is conveying good title to the Equipment, free and clear of all liens and encumbrances other than the leasehold estate of Lessee under the Lease or any liens created by the Lessee. The Purchase Price is due on the Closing Date. All taxes, in any way arising out of this transaction, including without limitation transfer taxes arising out of the assignment of the Lease, shall be solely for the account of the Purchaser.
SALE OF THE EQUIPMENT. XSUNX hereby sells to MERIX, as a bulk sale and in accordance with all of the terms of the prior sale of the Equipment by MERIX to XSUNX, including price (but with the parties reversed as appropriate). XSUNX covenants and agrees to promptly execute and deliver any and all documentation necessary or desirable in order to effectuate, consummate or memorialize such sale as and when requested by MERIX.
SALE OF THE EQUIPMENT. Subject to the satisfaction or waiver of conditions precedent set forth in Section 6, Seller shall sell and Buyer shall purchase the Equipment on the terms and conditions hereinafter set forth.
SALE OF THE EQUIPMENT. Subject to the terms and conditions set forth in this Agreement, Apollo will purchase from Neptune, and Neptune will sell to Apollo, the Equipment. The Parties agree that, except as provided in the following sentence, the sale condition of the Equipment is “AS IS, WHERE IS.” Neptune shall deliver possession of one (1) of the six (6) nitrogen rejection units and one (1) Xxxxxxx cryo unit (the “First Units”) to Apollo’s Hospah field in New Mexico, in fully reconditioned and fully operational condition, with an acceptable commissioning period, as soon as reasonably practical. The five (5) remaining nitrogen rejection units and the one (1) Xxxxxxx cryo unit (the “Additional Units”) are located at the locations identified on Exhibit “A.”
SALE OF THE EQUIPMENT. In consideration of the sum of $10,494,698.31 ("Purchase Price"), payable in immediately available funds in the amount of $494,724.28 attributable to the equity purchase price of the Equipment , and by the assumption by Purchaser of Seller's non-recourse liability to Lender pursuant to the Transferee Agreement in the principal amount $2,180,089.93 related to Schedule No. 83, $1,945,115.44 related to Schedule No. 84, $2,937,384.33 related to Schedule No. 85 and $2,937,384.33 related to Schedule No. 86, Seller hereby sells and transfers to Purchaser all of its right, title and interest in and to the Equipment, together with all warranties, express or implied, received from the manufacturer or vendor thereof. Seller hereby represents and warrants to Purchasers that Seller is conveying good title to the Equipment, free and clear of all liens and encumbrances other than (i) the leasehold estate of Lessee under the Lease, and (ii) the security interest of the Lender in and to the Schedules and the Equipment leased thereunder.
