Sell the Acquisition Assets Clause Samples
The 'Sell the Acquisition Assets' clause authorizes and obligates the seller to transfer ownership of specified assets to the buyer as part of an acquisition transaction. This clause typically outlines which assets are included in the sale, such as equipment, inventory, intellectual property, or contracts, and may detail the process for delivering these assets to the buyer. Its core function is to ensure that the agreed-upon assets are properly conveyed, thereby providing clarity and legal certainty regarding what is being transferred in the deal.
Sell the Acquisition Assets. The Borrower will not sell, convey, or suffer to be conveyed, lease, assign, transfer or otherwise dispose of the secured property unless approved in writing by the Lender.
Sell the Acquisition Assets. BORROWER will not sell, convey, lease, assign, transfer or otherwise dispose of the acquisition assets without the express written consent of the LENDER and the DCS, with the following exceptions: Inventory, supplies and
Sell the Acquisition Assets. The Undersigned will not sell, convey, or suffer to be conveyed, lease, assign, transfer, or otherwise dispose of the Acquisition Assets unless approved in writing by the Small Business Administration (hereafter the SBA).
Sell the Acquisition Assets. The Borrower will not sell, convey, or suffer to be conveyed, lease, assign, transfer or otherwise dispose of the Acquisition Assets unless approved in writing by the Small Business Administration (the SBA).
Sell the Acquisition Assets. The Borrower will not sell, convey, or suffer to be conveyed, lease, assign, transfer, or otherwise dispose of the Acquisition Assets unless approved in writing by the Lender.