Common use of Subject Assets Clause in Contracts

Subject Assets. Subject to approval of the Bankruptcy Court and the entry of the Sale Order (as defined in Section 8.1 below), on the terms and subject to the conditions of this Agreement, at the Closing (as defined in Section 5 below) Buyer shall purchase from Sellers and Sellers shall sell, transfer, convey and deliver to Buyer all of Sellers' direct and indirect rights, titles and interests in and to the following tangible and intangible property owned, leased or otherwise used by Sellers in connection with the operation of the Business (the "Assets"):

Subject Assets. Subject to approval of the Bankruptcy Court and the entry of the Sale Order (as defined in Section 8.1 9.1 below), on the terms and subject to the conditions of this Agreement, at the Closing (as defined in Section 5 6 below) Buyer shall purchase from Sellers Seller and Sellers Seller shall sell, transfer, convey and deliver to Buyer all of Sellers' Seller's direct and indirect rights, titles and interests in and to the following tangible and intangible property owned, leased or otherwise used by Sellers Seller in connection with the operation of the Business (the "Assets"):