Delivery of Purchased Assets definition

Delivery of Purchased Assets. Except as otherwise set forth in this Agreement, the Purchased Assets shall be delivered by the Vendor to the Purchaser as at the Time of Closing. For greater certainty, title to and ownership of the Database shall pass to the Purchaser at the Time of Closing in the format in which it currently exists on the Tandem computer hardware referred to in Schedule A to the Outsourcing Agreement at the offices of the Vendor in Winnipeg, Manitoba and delivery of the Database shall be and be deemed to be effected in conjunction with the execution and delivery of a form of general conveyance by the Vendor in favour of the Purchaser at the Time of Closing. The Purchaser acknowledges that, under the Outsourcing Agreement, the Vendor will provide certain services to the Purchaser in connection with the Purchaser's operation of the Purchased Businesses after the Time of Closing and the Vendor's obligations under such agreement are solely as a provider of such services in accordance with the terms of the Outsourcing Agreement. Without limiting the generality of the foregoing, the Purchaser shall be responsible for the extraction of the various individual records from the Database into any format other than the format in which such records current exist in the Database and the only responsibility that the Vendor shall have in respect of the Database or any individual records contained therein shall be those responsibilities of the Vendor set forth in the Outsourcing Agreement.
Sample 1

Examples of Delivery of Purchased Assets in a sentence

  • ACCOUNTS 56 Section 5.1. Establishment of Accounts 56 Section 5.2. Deposits and Withdrawals from Accounts 56 Section 5.3. Important Information about Procedures for Opening a New Account 57 Section 5.4. Delivery of Purchased Assets 57 ARTICLE VI.

  • Delivery of Purchased Assets and Procedure at Closing 29 Section 2.11.

  • Delivery of Purchased Assets and Procedure at Closing 35 Section 2.10.

  • ASSUMPTION OF LIABILITIES 5 Section 2.1 Purchase and Sale of Purchased Assets 5 Section 2.2 Assumption of Liabilities 6 Section 2.3 Further Assurances regarding Purchased Assets 6 Section 2.4 Delivery of Purchased Assets Records 6 Section 2.5 Consideration 6 Section 2.6 Payment of Purchase Price 6 Article III.

  • Through December 31, 2019, the Company's redemption plan provided that, on a monthly basis, after observing a mandatory 60-day waiting period, a shareholder could obtain liquidity as described in detail in our Offering Circular.

Related to Delivery of Purchased Assets

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Receivables Purchase Price means $1,403,509,094.50.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Purchased Interests has the meaning set forth in the Recitals.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Purchase Price and Terms Agreement Those certain agreements setting forth the general terms and conditions of the transactions consummated herein and identifying the Mortgage Loans to be purchased from time to time hereunder, by and between the Seller and the Purchaser.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Warranty Purchaser The Person described in Section 2.04 of the Trust Sale Agreement.

  • Other Sellers shall have the meaning set forth in Section 10.4.