Common use of Conveyance and Assignment Clause in Contracts

Conveyance and Assignment. Seller hereby sells, conveys, transfers, assigns and delivers unto Buyer and its successors and assigns, the Acquired Assets, as described and defined in Section 1 of the Asset Purchase Agreement. By the acceptance of the Acquired Assets, Buyer assumes all liabilities and obligations of Seller as set forth and limited in the Asset Purchase Agreement. All right, title and interest of Seller in the Acquired Assets conveyed hereby are conveyed to Buyer.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Cord Blood America, Inc.), Bill of Sale (Cord Blood America, Inc.)