Headquarters Assets definition
Examples of Headquarters Assets in a sentence
The effective time of the completion of the -------------- purchase and sale of that portion of the Purchased Assets that relate solely and directly to Tier I Schools, the Accounts Receivable, the Lead Bank Data, the Headquarters Assets and the Telephone Number (the "Tier I Closing") shall take place at the offices of National Education Corporation, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Irvine, California 92715, at 11:59 p.m. on June 30, 1995.
The Purchase Price payable to TCP Services Co. for the Headquarters Assets shall be an amount equal to Four Million Dollars ($4,000,000) (the "Headquarters Assets Purchase Price").
TCP Services Co. has good and valid title to, or a valid leasehold interest in, all of the Headquarters Assets, free and clear of all Encumbrances, except for Permitted Encumbrances.
Seller has good and valid title to, or a valid leasehold interest in, all of the Acquired Assets (other than the Headquarters Assets and other than intangible assets) and the USA Remaining Leases, free and clear of any Encumbrances, except for Permitted Encumbrances.
At the USA Closing, Buyer shall pay to TCP Services Co. an amount equal to the Headquarters Assets Purchase Price, which shall be apportioned between TCP Services Co. and Seller in the manner, and shall be paid to the accounts, specified in written instructions provided to Buyer by TCP Services Co. at least two (2) Business Days prior to the USA Closing.