Common use of Conveyance and Assignment Clause in Contracts

Conveyance and Assignment. Pursuant to the terms of the Asset Purchase Agreement, Seller hereby irrevocably sells, conveys, transfers, delivers and assigns unto Purchaser all of Seller's right, title and interest in and to the Purchased Assets, as described and defined in Section 1 of the Asset Purchase Agreement, subject to Seller's rights in that certain Security Agreement dated of even date herewith

Conveyance and Assignment. Pursuant to the terms of the Asset Purchase Agreement, Seller hereby irrevocably sells, conveys, transfers, delivers and assigns unto Purchaser all of Seller's right, title and interest in and to the Purchased Assets, as described and defined in Section 1 of the Asset Purchase Agreement, subject to Seller's rights in that certain Security Agreement dated of even date herewithherewith 1.2