Common use of Transfer of Assumed Contracts Clause in Contracts

Transfer of Assumed Contracts. At the Closing Time, the Vendor will deliver to the Purchaser: 5.1.5.1. an executed original of each of the Assumed Contracts, 5.1.5.2. one or more forms of assignment of the Assumed Contracts in form acceptable to the Purchaser, and 5.1.5.3. consents to the assignment of all of the Assumed Contracts under which consent is required executed by all persons whose consent is required in form acceptable to the Purchaser.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Workstream Inc), Asset Purchase Agreement (Peopleview Inc), Asset Purchase Agreement (Workstream Inc)

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Transfer of Assumed Contracts. At the Closing Time, the Vendor will deliver to the Purchaser: 5.1.5.1. (a) an executed original of each of the Assumed Contracts,; 5.1.5.2. (b) one or more forms of assignment of the Assumed Contracts in form acceptable to the Purchaser, ; and 5.1.5.3. (c) consents to the assignment of all of the Assumed Contracts under which consent is required executed by all persons whose consent is required in form acceptable to the Purchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement

Transfer of Assumed Contracts. At Subject to Section 2.02, at the Closing Time, the Vendor will deliver to the Purchaser: 5.1.5.1. (a) an executed original of each of the Assumed Contracts, 5.1.5.2. one or more forms of assignment of the Assumed Contracts in form acceptable to the Purchaser, and 5.1.5.3. (b) consents to the assignment of all of the Assumed Contracts under which consent is may be required executed by all persons whose consent is required in form acceptable and which the Vendor has been able to the Purchaserobtain.

Appears in 1 contract

Samples: Asset and Share Purchase Agreement (Softquad Software LTD)

Transfer of Assumed Contracts. At the First Closing Time, the Vendor will deliver to the Purchaser: 5.1.5.1. (a) an executed original of each of the Assumed Contracts,; 5.1.5.2. (b) one or more forms of assignment of the Assumed Contracts in form acceptable to the Purchaser, and 5.1.5.3. (c) upon mutual consultation and agreement between the Vendor and the Purchaser, consents to the assignment of all of the Assumed Contracts under which consent is required executed by all persons whose consent is required in form acceptable to the Purchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement (Universe2u Inc)

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Transfer of Assumed Contracts. At the Closing Time, the Vendor will deliver to the Purchaser: 5.1.5.1. (a) an executed original of each of the Assumed Contracts,; 5.1.5.2. (b) one or more forms of assignment of the Assumed Contracts in form acceptable to the Purchaser, acting reasonably; and 5.1.5.3. (c) consents to the assignment of all of the Assumed Contracts under which consent is required required, executed by all persons whose consent is required in form acceptable to the Purchaser, acting reasonably.

Appears in 1 contract

Samples: Asset Purchase Agreement

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