Common use of Transfer of Subject Assets Clause in Contracts

Transfer of Subject Assets. At the Closing, Seller shall deliver or cause to be delivered to Buyer good and sufficient instruments of transfer transferring to Buyer title to all the Subject Assets. Such instruments of transfer (a) shall be in the form attached hereto as Exhibit 1.6 and (b) shall effectively vest in Buyer good and marketable title to all the Subject Assets free and clear of all liens, restrictions and encumbrances not shown or reflected on the Base Balance Sheet.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Brooktrout Technology Inc), Asset Purchase Agreement (Xircom Inc)

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Transfer of Subject Assets. At the Closing, Seller shall deliver or -------------------------- cause to be delivered to Buyer good and sufficient instruments of transfer transferring to Buyer title to all of the Subject Assets. Such instruments of transfer (a) shall be in the form attached hereto as Exhibit 1.6 and (b) shall effectively vest in substance reasonably satisfactory to Buyer good and marketable title to all the Subject Assets free and clear of all liens, restrictions and encumbrances not shown or reflected on the Base Balance Sheetits counsel.

Appears in 1 contract

Samples: Asset Purchase Agreement (Voyager Net Inc)

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Transfer of Subject Assets. At the Closing, Seller shall deliver or cause to be delivered to Buyer good and sufficient instruments of transfer transferring to Buyer title to all the Subject Assets. Such instruments of transfer (a) shall be in the form attached hereto as Exhibit 1.6 and (b) shall effectively vest in Buyer good and marketable title to all the Subject Assets title, free and clear of all liens, restrictions and encumbrances not shown or reflected on encumbrances, to all the Base Balance SheetSubject Assets in form and substance satisfactory to counsel for Buyer. Seller shall, at Buyer's expense, crate, remove and transport the Subject Assets from the Seller's facility to such destinations as Buyer shall request.

Appears in 1 contract

Samples: Asset Purchase Agreement (International Microcomputer Software Inc /Ca/)

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