Common use of Acquisition of the Property Clause in Contracts

Acquisition of the Property. On the Closing Date, and subject to the terms and conditions set forth in this Agreement, Seller shall sell, assign, transfer and convey to Buyer and Buyer shall purchase from Seller the following: (a) All right, title and interest of Seller in and to all of the Real Property; (b) All right, title and interest of Seller, if any, in any land lying in the bed of any street, road, avenue or alley, open or closed, in front of or adjoining any of the Land, to the center line thereof; (c) All right, title and interest of Seller, if any, in any easements, covenants, rights of way, privileges, hereditaments and other rights appurtenant to any of the Real Property; (d) to the extent assignable to Buyer and approved by Buyer, all right, title and interest of Seller in and to the Contracts and the Licenses relating to any of the Real Property; (e) all right, title and interest of Seller in and to the Leases; and (f) all right, title and interest of Seller in and to the Personal Property.