Common use of Control of Assets Clause in Contracts

Control of Assets. Seller shall have taken all steps necessary or desirable to place Buyer in possession and operating control of the Assets.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Pacific Aerospace & Electronics Inc), Asset Purchase Agreement (Pacific Aerospace & Electronics Inc)

Control of Assets. Seller shall have taken all steps necessary or desirable to place Buyer in actual possession and operating control of the Assets, including but not limited to delivering to Buyer all keys, pass cards and other access devices to the facilities in which the Business operates.

Appears in 1 contract

Sources: Asset Purchase Agreement (Sos Staffing Services Inc)