Transfer of Ownership and Operation Sample Clauses

Transfer of Ownership and Operation. Subject to the terms and conditions set forth in this Agreement, at Settlement, the AUTHORITY shall purchase from the TOWNSHIP and the TOWNSHIP shall sell, transfer, assign and deliver to the AUTHORITY, free and clear of all liens except for Permitted Liens (defined below), all of the TOWNSHIP’s right, title and interest in and to all assets, facilities, business, goodwill, properties and rights of the TOWNSHIP of every kind and description, whether tangible or intangible, real, personal or mixed, wherever situated, in each case used in, held for use in, or acquired or developed for use in, the System, or otherwise related to, or arising out of the operation or conduct of the System (whether or not any such assets have any value for accounting purposes or are carried or reflected on the books or financial records of the TOWNSHIP), but in all cases other than the Excluded Assets (collectively referred to as the “Acquired Assets”), including:
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Transfer of Ownership and Operation. Subject to the terms and conditions set forth in this Agreement, at Settlement, the AUTHORITY shall purchase from the TOWNSHIP and the TOWNSHIP shall sell, transfer, assign and deliver to the AUTHORITY, free and clear of all liens, pledges, mortgages, deeds of trust, security interests, charges, claims, options, warrants, leases, rights to possession, hypothecations, easements, rights of way, encroachments, other encumbrances, rights of first refusal, or restrictions of any kind, including any restrictions on use, receipt of income, or any other attribute of ownership (collectively, “Liens”) except for Permitted Liens (defined below), all of the TOWNSHIP’s right, title and interest in and to all assets, facilities, business, goodwill, properties and rights of the TOWNSHIP of every kind and description, whether tangible or intangible, real, personal or mixed, wherever situated, in each case used in, held for use in, or acquired or developed for use in, the System, or otherwise related to, or arising out of the operation or conduct of the System (whether or not any such assets have any value for accounting purposes or are carried or reflected on the books or financial records of the TOWNSHIP), but in all cases other than the Excluded Assets (collectively referred to as the “Acquired Assets”), including:
Sample 1

Related to Transfer of Ownership and Operation

  • Transfer of Ownership Trust..........................................................

  • Data Ownership and Use All data obtained from the MLS System is federally copyrighted and remains the property of MLSSAZ. MLSSAZ data is provided solely for publication on the Internet as a tool for consumers to search and view properties available for sale, which have been listed with MLSSAZ members. Utilizing the listing data for any purpose not outlined in this Agreement is not permitted and violates the copyright held by MLSSAZ.

  • Retention of Ownership Notwithstanding anything to the contrary herein contained, ownership of all materials brought onto the erf or building site shall remain vested in the contractor until such time as all amounts due in terms of this agreement has been paid in full.

  • Ownership and Use (A) Unless CITY states otherwise in writing, each document— including, but not limited to, each report, draft, record, drawing, or specification (collectively, “work product”)— that CONSULTANT prepares, reproduces, or causes its preparation or reproduction for this Agreement is CITY’s exclusive property.

  • Ownership and Control All components of the Placer County Technology Platform, including voicemail, email messages sent and received, files and records created or placed on any County file server, and all data placed onto or accessed by the County’s computer network including internet access, are and remain either the property of or under the control of Placer County and not the User.

  • Reservation of ownership 10.1 The goods that have been sold remain our sole property until all outstanding debts arising from the business connection with the Purchaser have been paid in full. The Purchaser has power of disposal of the purchased goods in the ordinary course of business, or he may process the goods until revocation by us.

  • OWNERSHIP AND RISK 8.1 Miele remains the owner of the product/s until the price is paid in full to Miele and the product/s have been delivered to the customer.

  • Ownership and Risk of Loss You will own the Device and bear all risk of loss of, theft of, casualty to or damage to the Device, from the time it is shipped to you until the time (if any) when it is returned to us in accordance with this Agreement.

  • Transfer of Franchise a. A franchisee may transfer the franchised business and franchise to a transferee, provided that the transferee satisfies the reasonable current qualifications of the franchisor for new franchisees. For the purposes of this subsection, a reasonable current qualification for a new franchisee is a qualification based upon a legitimate business reason. If the proposed transferee does not meet the reasonable current qualifications of the franchisor, the franchisor may refuse to permit the transfer, provided that the refusal of the franchisor to consent to the transfer is not arbitrary or capricious.

  • Ownership and Restrictions 4.1 You retain all ownership and intellectual property rights in and to Your Content and Your Applications. Oracle or its licensors retain all ownership and intellectual property rights to the Services, including Oracle Programs and Ancillary Software, and derivative works thereof, and to anything developed or delivered by or on behalf of Oracle under this Agreement.

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